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Recently, the World Economic Forum released its “Global Risks 2010″ report, in which partners, including Swiss Re and other corporate and academic entities, collaborated to analyze the most serious global risks for the current year. This was the one of several posts we have run recently about the biggest risks ahead for 2010, whether economic, political or [...]
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Munich Re was very happy to recently announce that billionaire Warren Buffett has invested even more money in the company. He now holds a 3.045% stake in the company and news of the investment boosted share price by 2%. In early 2008, Buffett’s investment company, Berkshire Hathaway, bought a 3% stake in Swiss Re. During [...]
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Forbes published a good piece on how Credit Suisse has aided clients from rogue nations like Iran, Cuba, Burma and Libya sidestep U.S. sanctions for nearly a quarter century, an infraction that will cost the Zurich bank $536 million for violating the the International Emergency Economic Powers Act as well as New York State law. “Credit [...]
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Earlier this month, Swiss Re hosted its 2009 economic forum and, as always, had an amazing wealth of data and insight to share. I was just going through the presentation from the event again today while researching a story and was once again taken aback by how well one of the slides illustrated just how [...]
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