Zurich Insurance (Zurich) has hired Michael Kerner as CEO of General Insurance (GI) and member of the Group Executive Committee (GEC), with effect from 1 September 2012, subject to regulatory approval. Currently, Kerner is acting as CEO ...
Switzerland’s Zurich Insurance Group has reported that its net profit attributable to shareholders after taxes for the third quarter of 2012 has declined by 62% to $477m from $1.2bn during the same period a year ago. Total business ...
Tags: Zurich Insurance Group, net profit, insurance, quarter 1
Sealed Air has announced that the company’s Protective Packaging segment sales decreased 3% on a reported basis or increased 1% on a constant dollar basis with slightly higher volumes and relatively steady price/mix performance ...
Tags: Protective Packaging, food packaging solutions, e-commerce applications
The market for compressed natural gas (CNG) vehicles is expected to reach 6.8 million units by 2015, according to a new report. TechNavio's 'CNG Vehicle Market in Latin America 2011-2015' report revealed that the cost advantage of using ...
The Beijing Foton Daimler Automotive (BFDA), a joint venture between German automaker Daimler and its Chinese partner Beiqi Foton Motor, has rolled out its first Auman-brand truck at the Huairou plant in Beijing, China. Daimler Northeast ...
Tags: BFDA, truck, jointly produced
Global paper and packaging company International Paper (IP) proposes to reduce its greenhouse gas emissions by 20% by 2020 and use 15% less energy, as part of its sustainability goals. The company will achieve the reductions by increasing ...
Argentinian food firm Arcor,through its Danone joint venture firm Bagley,has forayed into the cereal market with the launch of its new cereal line in the country. The company has invested$10m into the cereal line,which features seven ...
Tags: new cereal line, cereal market, health food
ACE has appointed Mark Homan as the Executive Vice President of Casualty, for ACE’s international insurance operations, effective from 1 July 2012. Based in London, Mark Homan will succeed Keith Stibbards and will report to David ...
Tags: ACE, Mark Homan, international insurance operation, insurance
The ACE Group has selected Darryl Page as division president for its international personal and business insurance. Page, in his new role will be responsible to oversee its personal lines and small and mid-size commercial insurance ...
Tags: ACE Group, Darryl Page, personal insurance, business insurance, insurance
The survey respondents included major institutional and private investors representing a broad cross section of property investors globally,who were asked for their outlook at the global and regional level for the coming 12 months and ...
Tags: survey, Colliers'2013 Sentiment survey, property investor, office sector
Accu-Time Systems,the leading global provider of biometric and non-biometric workforce management tools,has announced the immediate availability of AccuTouch USB,a new portable multispectral fingerprint reader.This new device will enable ...
Tags: AccuTouch USB, biometrics, enrolment and false read issues
Japanese automobile manufacturer Nissan has opened a new public quick-charging station for electric vehicles(EVs)in Colonia Roma,Mexico,Latin America. The new high-tech station will enable EVs to charge their batteries to 80%capacity in ...
Tags: Nissan, public quick-charging station, electric vehicles
Global paper and packaging company International Paper has released its 2011 Sustainability Report that features the company's new suite of 12 voluntary sustainability goals, which it expects to achieve by 2020. The company plans for 15% ...
The European Commission (EC) has approved Bayer HealthCare's EYLEA (aflibercept solution for injection) at a recommended dose of 2 mg for the treatment of wet age-related macular degeneration (wet AMD). Formulated as an iso-osmotic ...
Tags: European Commission, Bayer, Aflibercept Solution, EYLEA
US food company General Mills has completed the acquisition of Brazilian food firm Yoki Alimentos in a BRL1.75m($857m)deal,a move which will strengthen the company's presence in Latin America. Yoki produces more than 600 products ...
Tags: US food company, General Mills, acquisition