A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Valiant Insurance Company and Valiant Specialty Insurance Company, both domiciled in Wilmington, Del., following the …
Following the establishment of Management Liability, Healthcare and Renewable Energy practices earlier this year, Torus appointed sector specialist Adrianne Vigueras as vice president to develop tailored environmental products for small and midsized businesses in the US. Based in Torus’ Jersey …
PartnerRe Ltd. Has announced three executive management changes. Emmanuel Clarke will become CEO, PartnerRe Global effective September 1, 2010. Bill Babcock will become Executive Vice President, CFO, PartnerRe Ltd. effective October 1, 2010. Marvin Pestcoe has been appointed CEO, PartnerRe …
Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why companies are paying more attention to social media these days — because that’s where the consumers are. …
A.M. Best Co. has commented that the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the Chicago-based First Mercury Group and its members and the ICR of “bbb-” of the parent holding company, First …
New York insurance agency Haylor, Freyer & Coon Inc has appointed James Freyer Jr. as executive vice president. Freyer joined the agency in 1984, heading up the Manufactured Housing division as well as MHD Empire Services Corp., a licensed mortgage …
Urbandale, Iowa-based Marsh U.S. Consumer, a broker and administrator of affinity insurance and membership product programs, announced the appointment of Rob Shestack as sales leader for Employer Benefits. Shestack brings more than 20 years of industry experience to Marsh U.S. …
The Massachusetts Property Insurance Underwriting Association (MPIUA) has received a $96 million catastrophe bond issuance that transfers hurricane risk in Massachusetts to the capital markets, a number of reinsurers announced. Munich Re acted as joint lead manager in the transaction, …
BP Plc said it expects to attach a new containment cap later Monday that should more than triple the amount of oil being collected from the energy giant’s leaking Gulf of Mexico wellhead. “We have the cap very close and …
Insurance broker Marsh has unveiled a real-time, on-demand industry benchmark reporting service available to its clients and prospects. Available through Marsh’s Global Benchmarking Portal, the new service provides clients with real-time benchmarking analytics on purchasing and pricing trends in the …
