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In 2007, Euler Hermes increased its shareholding to 50% in COSEC, the market leader in Portugal. [8] In 2013, Solunion, a joint venture between Euler Hermes and MAPFRE, was created covering Spain and Latin America. [9] In the same year, Euler Hermes increased its shareholding in ICIC, a credit insurer in Israel, to 50%. [10]
Mapfre Internacional becomes the majority shareholder of Middlesea Insurance (Malta). [14] Mapfre and Euler Hermes sign a memorandum of understanding to jointly develop their credit and bond insurance businesses in Spain, Portugal and Latin America. Mapfre Asistencia sets up a subsidiary in Australia for travel insurance on line distribution.
Force-placed insurance policies fell under regulatory scrutiny when the New York State Department of Financial Services (DFS) launched an investigation into the lender-placed insurance industry that has so far led to settlements with QBE and Assurant [21] [25] [26] Although testimony in these hearings discussed "reverse competition" and ...
Based in Rome, he helped to develop and implement the humanitarian response to the 2007-2008 world food price crisis. In 2009, he was appointed as a Social Protection Economist and team leader at the World Bank in Washington, DC. He led the technical assistance and lending operations in Latin America, the Caribbean, West Africa and the Middle East.
Here are the negotiated prices for the drugs, based on a 30-day supply: Eliquis, a blood thinner from Bristol Myers Squibb and Pfizer: $231 negotiated price, down from $521 list price. Xarelto, a ...
Inflation fell to below 3% for the first time in nearly 3 1/2 years in July, the Labor Department said on Wednesday, but high prices of groceries and consumer goods remain well above their pre ...
The management of the guarantees is in the hands of Euler Hermes (which is the lead) and PricewaterhouseCoopers.Decisions on matters of principle and the underwriting of large export transactions are made by an inter-ministerial committee comprising representatives not only of the German Federal Ministry of Economics and Technology but also of the Federal Ministry of Finance, the German ...
A second attempt to auction the family home of Myanmar's imprisoned former leader Aung San Suu Kyi failed on Thursday after no bidders showed up, likely deterred by the court-ordered asking price ...