International
RSA Insurance CEO’s First Year Compensation May Top $9 Million
RSA Insurance Group Plc Chief Executive Officer Stephen Hester, drafted in to turn around the U.K. insurer, may be paid as much as 5.6 million pounds ($9.3 million) for his first 12 months in the ...
Ironshore Energy Property Increases Capacity to $25M for Sector Risks
Ironshore Energy Property announced an increase in capacity to $25 million for energy risks throughout its global platform. This increase in capacity is available across all classes within the energy ...Extreme Weather in 2013 Due to Climate Change: UN
Much of the extreme weather that wreaked havoc in Asia, Europe and the Pacific region last year can be blamed on human-induced climate change, the U.N. weather agency says. The World Meteorological ...
Climate Scientists Highlight Human Cost of Global Warming
Top climate scientists who are gathering in Japan this week to finish up a report on the impact of global warming say that if you think climate change is only faced by some far-off polar bear decades ...
BlackRock Warns Over ‘Major Risks’ of Scottish Independence
BlackRock Inc., the world's largest money manager, warned that Scottish independence would bring about "major uncertainties, costs and risks" in Britain, becoming the latest company to join the ...
Canadian Pension Board Acquires Wilton Re for $1.8 Billion
The Canada Pension Plan Investment Board (CPPIB) said on Friday it agreed to buy U.S. life insurance and reinsurance provider Wilton Re Holdings Ltd for $1.8 billion from a group of private equity ...
IRS Expects ‘Glitches’ with FATCA Tax Law on Offshore Accounts
A new U.S. anti-tax evasion law, set to take effect on July 1, will encounter "inevitable glitches," said the head of the U.S. Internal Revenue Service on Monday, adding that the IRS will be ...
Brazil Declaring No-Fly Zone Over World Cup Stadiums Amid Terror Concerns
The Brazilian Air Force will declare no-fly zones over World Cup stadiums to prevent terrorist attacks during this year's soccer tournament, but there's a catch: It can't shoot down intruders, for ...