Two brothers accused of carrying out the slaying of a blind and mentally disabled man as part of an insurance scam have been found not guilty of all counts, including conspiracy to commit murder. James and Kareem Clea (klee) were …
Aon Risk Solutions, the global risk management business of Aon Corp., announced that Philip O’Brien has been appointed resident sales director of the New England and upstate New York region. He is responsible for business development as well as providing …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp. has released the latest edition of its Aon Benfield Aggregate (ABA) report, which analyses the financial position of the world’s 28 leading reinsurers as of June 30, 2011, …
Western Heritage Insurance Co. has promoted Anthony Washington from vice president of underwriting to president. Washington replaces replaced Mike Horsman, who retired after more than 30 years in the insurance industry. Washington reports to Mike Miller, president of Scottsdale Insurance …
Bermuda’s Premier and Minister of Finance the Hon. Paula A. Cox has announced the signing of a bilateral Tax Information Exchange Agreement (TIEA), between Bermuda and the Republic of South Africa. The agreement, which was signed for South Africa by …
Allied World Assurance Company Holdings, AG has announced “significant new merger-related synergies that can be achieved through the combination with Transatlantic Holdings, Inc.” The company said it “now estimates an annual run rate of over $160 million in synergies, an …
Allied World Assurance Company Holdings, AG announced that Kurt Fleischmann has joined Allied World Europe as Vice President, General Casualty & Professional Lines. He will be based in Zug, Switzerland where Allied World launched a new direct insurance underwriting platform …
The Managing General Agents’ Association (MGAA), a non-profit making organization founded to represent UK Managing General Agents, was officially launched on the 1st of September with an initial 40 Full Members underwriting gross written premiums of approximately £1.25 billion [app. …
Preliminary estimates from Swiss Re’s newly released sigma report indicate that “total insured losses for the global insurance industry from natural catastrophes and man-made disasters reached an estimated $70 billion in the first half year of 2011.” The report also …
The UK government has come down on the side of the country’s insurance industry with its announcement from Justice Minister Jonathan Djanogly that it will ban referral fees in England and Wales. The charges are assessed when information concerning personal …
