International
Marsh Rumored to be Targeting Alexander Forbes of South Africa
Marsh Ltd., the insurance unit of New York-based Marsh & McLennan Cos, has expressed interest in bidding for closely held Alexander Forbes Ltd. of South Africa, according to three people familiar ...
Low Global Yields, Short Memories Propel Debt Revival for Frontier Economies
Investors are returning to the riskier, less developed bond markets of Africa and other frontier economies, burying memories of past setbacks and plunging in after global yields failed to rise as ...
Marsh to Acquire Majority Stake in Panama-Based Broker Semusa
Marsh has reached a definitive agreement to acquire a majority stake in Semusa, a leading insurance broker and advisor in Panama and Marsh's long-standing local correspondent broker, the company ...
AIG Launches Global Commercial Property Cover for Midsize Businesses
American International Group on Wednesday announced the launch of a new line of multinational commercial property products and services for midsize businesses confronting global risk exposures, ...
Aspen Board Urges Shareholders to Reject Latest Endurance Bid
Aspen's board of directors has unanimously agreed to reject the unsolicited exchange offer from Endurance to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. ...
Lloyd’s Study Predicts World Cup Winner
A new study by Lloyd's and the Centre for Economics and Business Research (CEBR) predicts that based on insurable value, Germany has the most expensive team competing in the 2014 FIFA World Cup and ...
Sick Dogs and Pigs: U.S. Congressional Hearing to Focus on China Food Safety
Incidents ranging from Chinese dog treats pulled from U.S. pet stores to the virus that has killed millions of American piglets has raised concerns about the safety of food and feed imports from ...
Munich Re Gives Brazil Vote of Confidence; Covers World Cup Interruptions for $400M
Munich Re has up to $400 million on the line insuring against delays or cancellations of World Cup matches. The world's largest reinsurer is counting on Brazilian President Dilma Rousseff to do ...