International
Willis Debuts Sharia Compliant Commercial Real Estate Insurance in U.K.
Willis Group Holdings will start offering the first Shariah compliant commercial real state insurance in the U.K., with security provided by QBE Insurance (Europe) Ltd. and XL Group. Coverage is ...
U.S. Admits it Erroneously Understated Key Keystone XL Pipeline Stats
The U.S. State Department on Friday corrected several errors it made in a key study evaluating the impact of the proposed Keystone XL pipeline, including an understatement of how many people could be ...
Norway Oil Lobby Warned Deeper Regulation and Policy Debate is Coming
Producers in western Europe's biggest oil and gas exporter must brace themselves for a new legislative age that will disrupt the status quo, according to Norway's Green Party. After entering ...
Endurance Unveils Exchange Offer for Aspen’s Outstanding Shares
Endurance Specialty Holdings Ltd. - bound and determined to acquire Aspen Insurance Holdings Ltd. – launched an exchange offer for all outstanding shares of its Bermuda reinsurance rival, dogged ...
As Firms Ratchet Up IT Security, Data Breaches Remain Unstoppable
With hackers stealing tens of millions of customer details in recent months, firms across the globe are ratcheting up IT security and nervously wondering which of them is next. The reality, cyber ...AIG Mulling Big Expansion of Massive Share Repurchase
American International Group Inc., the largest commercial insurer in the U.S. and Canada, said it may repurchase as much as an additional $2 billion of common stock after selling its aircraft-leasing ...
Argo to Expand Surety Capacity On Its Own and With SureTec Financial
Argo Group International Holdings Ltd, said it will expand its commercial surety capacity to $100 million for qualifying clients. Separately, the Bermuda based international underwriter of specialty ...
Germany Will Impose Tough Fracking Restrictions
Germany plans to draw up new rules in the coming weeks for the controversial method of fracking for gas, which will impose tight restrictions on the technique that has led to a shale gas boom in the ...