Panama to Withdraw Flags from More Vessels that Violate Iran Sanctions: Reuters July 15, 2019 By Marianna Parraga and Elida Moreno Panama will withdraw its flag from more vessels that violate sanctions and international legislation, the country’s maritime authority told Reuters,...
Generali Agrees to Sell Panama Business to ASSA for US$172 Million August 8, 2017 By L.S. Howard Generali has entered into an agreement to sell its Panama business to ASSA Compañía de Seguros S.A., for US$172 million,...
US Congress OK’s Korea, Panama, Colombia Trade Pacts October 13, 2011 By Doug Palmer Congress Wednesday approved long-delayed trade pacts with South Korea, Colombia and Panama that are expected to lift exports by about...
Best Report Notes Growth in Panama Insurance Market March 16, 2011 A new report from A.M. Best notes that Panama’s insurance market is the largest in Central America, and is expected...
Stempel to Manage New Crawford Office in Panama March 3, 2011 Crawford & Company announced that it has established an office in Panama City, Panama, and named insurance executive Miguel Stempel...
FACTBOX: 25 Ships and Crews Still Held by Somali Pirates December 28, 2010 Somali pirates have released the Marida Marguerite, a German-operated chemical tanker after receiving a $5.5 million ransom, the Kenya-based East...
BrokersLink Appoints Bitner Latin America COO December 16, 2010 BrokersLink, an independent insurance broker alliance, has appointed Paul Bitner as Latin America chief operating officer as it seeks to...
Panama Canal Traffic Halted Due to Heavy Rains December 9, 2010 Traffic in the Panama Canal, a major shipping waterway that connects the Atlantic and Pacific oceans, has been suspended temporarily...
Ratings Recap: Alterra (notes), Gulf Ltd., Barents Re, Middle East Insurance September 28, 2010 A.M. Best Co. has assigned a debt rating of “bbb” to the recently issued $350 million 6.25 percent senior unsecured...
People September 6, 2010 Stephen A. Korducki, a senior insurance and reinsurance executive, has been elected president and CEO of Sunshine State Insurance Co....