Willis Group Holdings has completed the purchase of 100 percent of the share capital of Herzfeld Willis S.A. (Retail operation) and Willis S.A. (Reinsurance operation) in Argentina. The business will now be known as Willis Argentina S.A. Terms of the …
A bulletin from the Paris-based International Chamber of Commerce (ICC) warmly welcomed the decision to make the G20 the primary forum for international economic cooperation, noting that the member countries represent 90 percent of global gross national product, and thus …
Zurich Financial Services Group has appointed Peter Rebrin (47, Brazilian) to the position of CEO for Zurich Latin America, effective October 1, 2009. He has been serving as interim CEO for Zurich Latin America since Jaime Paredes stepped down in …
The biggest floods in decades threatened Vietnam’s central provinces on Wednesday following a powerful typhoon that swept into the country after wreaking havoc in the Philippines. The government said 38 people had died and 10 were missing in floods and …
The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear standoff. President Barack Obama warned Iran last …
Torus, a global specialty insurer, has established Torus (Bermuda) Services Ltd. as a Managing General Agent (MGA) in Bermuda for Torus Insurance (UK) Limited, to “provide enhanced service to its customers, increase the depth of current product offerings and expand …
A huge magnitude 8.3 earthquake in the South Pacific created a series of tsunami waves that struck the islands of Samoa, American Samoa, Tonga and Pago Pago, causing the deaths of at least 100 people, and leaving a swath of …
Dallas-based managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. has named Jennifer Hixson a Vice President and Broker in the U.S. Risk Brokers Houston office. Hixson has more than 20 years of insurance experience, with the …
Firefighters in six Texas cities will be installing smoke alarms into the homes of low income and elderly residents thanks to this year’s “We’re Out to Alarm Texas” smoke alarm campaign. The program now in its fifth year has saved …
The 27-square-mile wildfire known as the Guiberson in Ventura County is 100 percent contained. However, it may be a few more days before it is fully extinguished, fire officials said. Ventura County Fire spokesman Bill Nash says crews fully surrounded …
