Hong Kong
India Rupee Drops as Subbarao Warns of Wider Current-Account Gap
India’s rupee fell to the lowest level in more than three weeks after central bank Governor Duvvuri Subbarao said the nation’s current-account deficit is set to widen from a record. Bonds declined. Read more
International Insurance News: Willis Launches Innovative Directors All Risks Cover in Asia-Pacific Region
Willis Group Holdings (WSH: NYSE), the global insurance broker, has launched its unique directors’ all risks cover (DARCstar) in Australia, Hong Kong and Singapore.
DARCstar policies have already been written for a number of global companies. The policy has been launched in the United Kingdom, Spain, Sweden, Israel and Columbia with plans to extend the wording to other jurisdictions including New Zealand, Argentina, Chile, France, Germany, Mexico and the Netherlands. Read more