ACE Group today announced that David Charlton has been appointed president of the Property and Casualty and Micro-business Division for ACE Commercial Risk Services. He will lead ACE’s expansion efforts into the property/casualty package and the micro specialty lines market …
U.S. Supreme Court justices stepped gingerly into a raging debate over computer software on Monday, voicing concerns about vaguely defined patents but signaling they would avoid any radical change to existing law. This may help tech companies fend off lawsuits …
The U.S. Supreme Court declined to expand its review of President Barack Obama’s push to guarantee insurance coverage for contraceptives, rejecting appeals from Catholic groups, including the archdiocese of Washington. The justices today left intact rulings by two federal trial …
The Bermuda-based Catlin Group Limited has issued a statement following the release of the latest report by the Intergovernmental Panel on Climate Change (IPCC), a scientific intergovernmental body under the auspices of the United Nations. The organization’s Fifth Report on …
Zurich-based PERILS AG, announced the release of the 2014 update of the PERILS Europe Industry Exposure Database, which, it said, “contains updated market-wide property sums insured for European windstorm for the following eleven countries: Belgium, Denmark, France, Germany, Ireland, Luxembourg, …
Ironshore Canada Ltd. has announced the appointments of key executives within its Mergers & Acquisitions division and for IronPro, the professional and management liability unit of Ironshore Inc. Ironshore named Andrew Stewart as Sr. Associate for Ironshore Canada’s Mergers & …
The lack of structural measures in large economies including France and Italy present the biggest threat to growth in the euro area, Swiss Re Ltd.’s Chief Economist Kurt Karl said. The region’s economy will probably expand 1 percent this year …
Chubb Insurance Company of Europe SE announced the appointment of David Barr to the role of European Environmental Manager. Fred Shurbaji, Chubb European Commercial Manager, explained that Barr “will be responsible for growing our environmental business across Europe. Environmental insurance …
A study from Munich Re notes that although natural catastrophe losses in 2013 were dominated by floods, “detailed analyses have shown that protective measures can drastically reduce losses. For example, the June 2013 floods in Germany and neighboring countries proved …
It is a near-unconscious action carried out by millions of smokers every day — flicking the burned-out butt of a cigarette to the floor or into an ashtray after the last pull. It’s also an act that can have deadly …
