International
AIR Worldwide: Tough Building Codes Will Counter Cyclone Ita’s Wrath
Tropical Cyclone Ita slammed into the north Queensland coast late Friday, but tougher building codes, a sparse population near landfall and the relatively small size of the storm will minimize ...Ship Owners Have to Provide Insurance, Bond for Stranded Merchant Sailors: New UN Rule
Sailors stranded on merchant ships without food, supplies or a way home won new safeguards. Ship owners will have to provide insurance or a bond to pay for sailors' wages and repatriation under a new ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
Australian Ports Shut in Advance of Storm; Intensifying to Yasi Strength
Residents of Australia's Queensland state sought refuge in evacuation centers and stocked up on provisions ahead of the strongest storm since Cyclone Yasi flattened homes and downed power lines in ...
Aon CEO Case Defends Berkshire Deal; Sidecar Innovation ‘Good for London’
Aon Plc, the broker that was criticized by Lloyd's of London for a deal with Warren Buffett's Berkshire Hathaway Inc., said the relationship actually helps make the U.K. insurance market more ...
Sunday’s UN Climate Report Won’t Reveal Economic Bottom Line
A U.N. report about ways to fix global warming due on Sunday is likely to disappoint investors seeking clear-cut economic calculations about the benefits and costs of curbing rising greenhouse gas ...
Catastrophic Cyber-Attack Coverage Remains Elusive: Willis Report
Insurance coverage for cyber-attack losses in the global energy market isn't as clear-cut as the industry might hope. A new market report from Willis Group Holdings concluded that companies face a ...
In Search of Scientific, Engineering Solutions to Make Cities Resilient
Sandia National Laboratories is bringing decades of experience solving problems with practical engineering and modeling complex systems to cities around the world under a new agreement to support the ...AIG’s Miller Notes Progress As Reorganization Continues
American International Group Inc. must do more to win over Wall Street, even after rallying 51 percent in the past two years, Chairman Steve Miller told shareholders. AIG is seeking to reward ...