Insurance industry leaders underscored their concerns over the potential impacts of climate change last Thursday July, 2 with the introduction of a 138 page report from the Geneva Association*, the industry’s most important think tank. In a well attended presentation …
Liability Claims to Come Could Exceed $1 Billion, Some Experts Predict The tragic disappearance of Air France flight 447 over the Atlantic early on June 1 remains a mystery. The plane’s 216 passengers and 12 crew members perished as all …
As the June 12 shareholders meeting approaches, the three-way tussle between Bermuda-based Validus Holdings and the Max Capital Group over the acquisition of IPC Re shows no signs of letting up. In the latest round Validus lost its bid to …
At least the global depression has focused people’s minds on some important issues. The Group of 20 (G20) meeting in London acknowledged the need for more capital to shore-up the world’s financial system — essentially the U.S./UK view — as …
A good old-fashioned fight has developed between Bermuda-based Validus Holdings and the Max Capital Group over the latter’s planned amalgamation with IPC Re. At the end of March, Max announced that it had made a deal with IPC Re’s board …
Jeff Ward, a director of London Market reform technology specialists TriSystems, has been working in the field of technology, information processing and insurance for more than 20 years. But even he admits that it’s not easy to pin down all …
“We’ve experienced good growth over the last ten years, and we’re looking to expand further,” said Stewart McCulloch, head of UK and insurance operations for London-based service provider Xchanging. That’s something of an understatement. The company might best be described …
Planning, People and Dedication Equal Success for Top 100 Agency Bollinger Insurance Top 100 Agency Profile Ranking No.: 14 Agency Name: Bollinger Insurance Inc. Headquarters: Short Hills, N.J. Year Founded: 1933 Additional Locations: Princeton, Moorestown, Vineland, N.J.; New York City, …
Are professional sports the next terrorist targets? The terrorist attack on Sri Lanka’s cricket team in Lahore (Pakistan) “highlights the vulnerability of sporting events to terrorist disruption,” warned Dr. Gordon Woo, terrorism risk expert at Risk Management Solutions (www.rms.com). “A …
The Reuters article does basically explain that AIG made payments to Goldman Sachs and “foreign” banks, but it becomes a bit confusing as to why those payments were made. It also muddies the waters with a lot of unrelated comments …
