International
Towers Watson Completes Sale of Reinsurance Business for $250M
Towers Watson & Co. said Wednesday that it has completed the sale of its reinsurance brokerage business to Jardine Lloyd Thompson Group PLC for $250 million but plans to continue working with its ...
EU to Fine Banks Billions Over Rate Rigging
A number of finance firms, including Royal Bank of Scotland and Rabobank face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates, ...
Greenhouse Gas Volumes Reached New High in 2012: WMO
Atmospheric volumes of greenhouse gases blamed for climate change hit a new record in 2012, the World Meteorological Organization (WMO) said on Wednesday. "For all these major greenhouse gases the ...
PLUS Conference: Albright, Cohen on Global Risk, Governance and Hypocrisy
America's European allies are being hypocritical in their complaints about the U.S. spying on them because they all have their own surveillance programs, according to two former top officials in the ...
‘Neutral-to-Challenging’ Market Ahead: Endurance CEO Charman
Even though Endurance Specialty Holdings will operate in a "neutral-to-challenging" insurance market over the next few years, the refocused organization will be able to compete on "relevance" rather ...
FTI Consulting Bolsters Global Insurance Practice
FTI Consulting, Inc., a global business advisory firm, announced the expansion of its global insurance practice through the addition of 41 professionals, including two senior managing directors and ...Willis Places Catlin $300M Cat Bond
Willis Capital Markets & Advisory the capital markets and advisory business of Willis Group Holdings, the global risk advisor, insurance and reinsurance broker, announced that it has structured ...
Hannover Re Quarterly Profit Falls as Investment Income Drops
Hannover Re, the world's third-biggest reinsurer, said third-quarter profit fell 23 percent on lower investment income, beating analysts' estimates. Net income fell to 205.5 million euros ($277 ...