Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., will urge insureds and insurers to “look at the bigger picture as cat events become more complex,” at its 12th Hazards Conference in Surfers Paradise, near Sydney, Australia …
Joe Plumeri, the Chairman and CEO of Willis Group Holdings, told more than 100 leading Asian CEOs’ that ‘insurance is not just about coverage and claims, but is about security and survival’ at the KPMG ‘Captains of Industry’ lunch hosted …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of ‘a’ of the property/casualty subsidiaries of the holding company, XL Group plc, which is based in Dublin, Ireland, and is led …
Lloyd’s of London reported the largest first half loss in its 323 year history yesterday, Sept. 21 – £697 million, or over $1 billion. However, Lloyd’s Chief Financial Officer, Luke Savage, was relatively calm when he spoke with the IJ …
Public adjusters would have more access to homeowners in the immediate aftermath of a storm if the Florida Supreme Court rules Florida’s current public adjuster law unconstitutional. The Florida Supreme Court recently heard oral arguments in the case of Atwater …
Wells Publishing Inc. announces the launch of Claims Journal magazine, a quarterly publication targeting claims professionals in the property/casualty insurance industry. The new magazine, scheduled to launch the first quarter of 2012, is an offshoot of the popular website ClaimsJournal.com …
The rising gap between rich and poor in nearly every country, rich or poor, went largely ignored during the decades of globalization-fueled boom. But with large parts of the world in financial crisis, ending the time when a rising global …
With an 11th fatality declared as a result of the crash at the National Championship Air Races in Reno, Nev. on Friday, one of the world’s largest airshow insurers is anxious to draw a distinction between airshows and air races. …
The National Association of Mutual Insurance Companies (NAMIC) presented the Federal Legislator of the Year Award to U.S. Rep. Judy Biggert, R-Ill., at its annual convention in Indianapolis. ‘Rep. Biggert is a well-respected member of the House Financial Services Committee, …
The National Association of Mutual Insurance Companies (NAMIC) named Robert P. Hartwig, Ph.D., president/CEO of the Insurance Information Institute, New York, N.Y., as the association’s 2011 Chairman’s Award winner. Hartwig has been with III since 1998, initially as an economist …
