Venezuela News

U.N. Climate Talks End ‘With a Bare Minimum’ Agreement

U.N. climate talks ended with a bare-minimum agreement Saturday, Dec.19, when delegates “noted” an accord struck by the United States, China and other emerging powers that falls far short of the conference’s original goals. “Finally we sealed a deal,” U.N. …

UK’s Environment Minister Reported to Accuse China over Climate Talks

British Environment Minister Ed Miliband has accused China, Sudan, Bolivia and other left-wing Latin American nations of having tried to hijack the U.N. climate summit to stop a deal, the Guardian reported on Monday. The summit in Copenhagen ended with …

Safety Board: Citgo Texas Refinery Blast ‘Significant Near Miss’

The U.S. Chemical Safety Board on Wednesday called a July explosion at Citgo Petroleum Corp.’s Corpus Christi, Texas, refinery “a significant near-miss” for a widespread release of highly toxic hydrogen fluoride (HF) into a community. “It’s a significant near-miss of …

Political Risk Premiums Rising in Response to Resource Nationalism

Political risk insurance premiums have risen across emerging markets in the last year, fuelled by rising resource nationalism and unrest linked to the financial crisis as well as a renewed concern over risk amongst investors. Foreign direct investors use the …

Zurich Names Rebrin Latin America CEO

Zurich Financial Services Group has appointed Peter Rebrin (47, Brazilian) to the position of CEO for Zurich Latin America, effective October 1, 2009. He has been serving as interim CEO for Zurich Latin America since Jaime Paredes stepped down in …

Willis Acquires 100% of Argentina Business

Willis Group Holdings has completed the purchase of 100 percent of the share capital of Herzfeld Willis S.A. (Retail operation) and Willis S.A. (Reinsurance operation) in Argentina. The business will now be known as Willis Argentina S.A. Terms of the …

It Was No Katrina But Some in Coastal America Remember Ivan’s Terror

People who lived through Hurricane Ivan can’t forget the haunting images left by one of the strongest storms ever recorded: condo towers collapsed in roiling surf, splintered homes or flat slabs, fragments of highways lost in a sea of sand. …

Atlantic Could See Hurricane Season’s First Named Storm Today: Ana

The Atlantic could get its first named storm of the hurricane season later Wednesday, according to the U.S. National Hurricane Center. The basin’s second tropical depression is remaining just below tropical storm strength, the NHC said in its latest report …

New Spanish Language Web site for CRM International in Mexico

The Certified Risk Managers (CRM) International Program in México has a new home on the Web: www.crm-international.org. CRM en Espanol was first introduced in México by The National Alliance for Insurance Education & Research in 2006, and is now the …

HRH Acquisition Helps Boost Willis’ Revenues by 19% in Q2

Willis Group Holdings Limited (NYSE: WSH) reported the company’s total second quarter revenues were up by 19 percent, an increase due primarily to the HRH acquisition. Total reported revenues for the quarter ended June 30, 2009 were $784 million compared …