January 24, 2008
Beecher Carlson is partnering with Old Lane, a Citigroup company, to further accelerate its expansion. Led by Tom Golub, chairman and chief executive officer and Steve Denton, president and chief operating officer, Beecher Carlson has realized a 113 percent compounded …
January 24, 2008
Marsh’s London office reports that the insurance broker has launched a London-based division of its China Global Client Services practice. The new division, headed by Robert Wendin, will provide “comprehensive risk advisory and insurance services to clients across Europe, the …
January 24, 2008
According to a recently released report from the Guernsey Financial Services Commission (GFSC), the number of international insurance entities based on the island in the English Channel “grew again during 2007 despite the Island’s maturity in the sector and the …
January 24, 2008
Willis Group Holdings has released its Marine Protection & Indemnity (P&I) Market Review for 2007/2008. Willis noted that the “annual report provides a succinct overview of the P&I marketplace and explores the themes witnessed over the past year and what …
January 24, 2008
Willis Group Holdings has released its Marine Protection & Indemnity (P&I) Market Review for 2007/2008. Willis said the “annual report provides a succinct overview of the P&I marketplace and explores the themes witnessed over the past year and what key …
January 24, 2008
Willis Group Holdings announced that Richard Colver and Martin Ralph have joined its rapidly expanding Willis UK and Ireland Employee Benefits Practice. The two bring over 40 years of experience to the roles of Group Risk & Healthcare Director and …
January 24, 2008
Swiss Re has structured and placed $85 million worth of securities covering windstorm events in the US as well as earthquakes in California and Central America. “The bond is the first ever linked to Central American earthquakes,” said the announcement. …
January 24, 2008
Swiss Re has moved its carbon emissions desk from New York to London and hired additional staff to accommodate recent growth in the carbon markets. “London has become the epicenter for carbon markets due to the presence of key players …
January 24, 2008
Ian Bremmer, President of Eurasia Group, recently outlined the consulting company’s selection of the “top 9 ” particularly acute political risks around the world in the coming year. The report also listed a number of “Red Herrings,” i.e. “countries the …
January 24, 2008
Zurich Financial Services Group has signed an agreement to acquire 100 percent of Turkish general insurer TEB Sigorta A.S. from TEB Mali Yatirimlar A.S. Zurich said the newly acquired Company would “maintain distribution arrangements with various TEB Mali subsidiaries for …