April 27, 2010
The Lockton Companies (Singapore) Pte Ltd has launched an insurance product to cover the cost of medical complications for medical travelers receiving surgery abroad in collaboration with QBE International Ltd, the underwriter of the new product. “Scope, Insurance for medical …
April 27, 2010
Tornadoes that killed 10 people in Mississippi destroyed at least 700 homes and did tens of millions of dollars in damage, state authorities said Monday. Homeowners and local authorities began a clean-up operation in some of the state’s central counties …
April 27, 2010
Guernsey’s Financial Authorities announced that Heritage Insurance Management Ltd. “has achieved a worldwide first by amalgamating two Protected Cell Companies (PCCs) into one.” “The companies, Harlequin Insurance PCC Limited and Friary Court Insurance PCC Limited, are both insurance PCCs with …
April 27, 2010
Antigua and Barbuda’s former top financial regulator was ordered Monday to be extradited to the United States to face charges he assisted accused Texas financier Allen Stanford in an alleged $7 billion fraud, a spokesperson for the Antigua attorney general’s …
April 27, 2010
Transocean Ltd. said Monday its insurance covers the total loss of the Deepwater Horizon oil platform and wreck removal after the rig that burned and sank off the Louisiana coast last week. Wreck removal coverage was only to the extent …
April 27, 2010
Accoring to Aon’s Aerospace Insurance Markets Outlook 2010 report, “the price of insurance for the aerospace industry looks set to continue to decline in 2010, for the fourth year in a row. After 2009’s turbulence, this represents an oasis of …
April 27, 2010
Following completion of its acquisition of HSBC Insurance Brokers Limited (HIBL) on April first [See IJ web site – https://www.insurancejournal.com/news/international/2010/04/01/108646.htm], Marsh announced that it is adding a number of HIBL executives to its UK National Corporate leadership team. The unit …
April 27, 2010
ACE USA, the U.S.-based retail operating division of the ACE Group, has made new enhancements to its privacy protection and network liability protection policies, including a suite of independent data breach specialists and comprehensive coverages. The ACE DigiTech and ACE …
April 27, 2010
Hiscox USA has launched a Healthcare Information Privacy Protection product designed to address the increasing costs and potential liabilities facing healthcare professionals. HITECH, the first federal level breach notification law, puts additional pressure on healthcare professionals when it comes to …
April 27, 2010
Chartis has established a new Global Markets division to manage the extension of its Passport platform for multinational customers. Global Markets was designed deliver a multinational offering for businesses ranging from Global 500 companies to regional enterprises with multi-country operations. …