Risk
World Trade Organization Nears Historic Agreement
The first global trade reform since the creation of the World Trade Organization is ready for agreement by ministers from the body's 159 member countries later on Friday, sources involved in the ...
Study Reveals Cause of 2011 Tsunami; Other Areas at Risk
The devastating tsunami that struck Japan's Tohoku region in March 2011 was touched off by a submarine earthquake far more massive than anything geologists had expected in that zone. A team of ...Aon Benfield Ex-Executive Chilton Joins Gallagher to Start Reinsurance Brokerage
Grahame Chilton, who helped build Benfield Group Ltd. before selling it to Aon Plc in 2008, formed a partnership with Arthur J. Gallagher & Co. to start a reinsurance brokerage. The new business, ...
Investor Demand for Political Risk Insurance Remains High
Investors' demand for insurance against political risk is on track to match last year's record as instability persists in the Middle East and disputes in Latin America erode confidence, the World ...
‘New Wealth’ Shows High Interest in High-Priced Art
Art Basel Miami Beach, the largest U.S. art fair, will offer more than $3 billion of mostly postwar and contemporary works when it opens to a select group of collectors today, a 20 percent increase ...
Developers Gain Added Protection from Terrorism-Related Lawsuits in 9/11 Case
A federal appeals court in New York has given developers and builders of high-rises and other buildings added protection from lawsuits over property losses linked to terrorism, in a case stemming ...
Insurers Rank Top 10 Extreme Risks; Global Pandemic is No. 1
Global insurance industry executives rank global pandemic, large-scale natural catastrophe and a food/water/energy crisis as the three most important extreme risks for the industry to worry about in ...
Willis, Endurance Cover Australia Mining Firm in Index-Based Weather Deal
Willis Group Holdings announced on Tuesday that it designed and placed a derivative-based risk transfer solution to protect against construction delays on an Australian project from cyclone and heavy ...