The ACE Group of Companies announced the appointment of Roberto Hidalgo as President and CEO of ACE Argentina and ACE Chile, effective February 1, 2007. He will leave his current post as President and CEO of ACE Puerto Rico to …
Global businesses need integrated insurance solutions to ensure adequate protection A U.S. company has purchased a manufacturing plant in China as part of a global expansion. Now, it needs property insurance for that facility, and it’s the insurance agent’s job …
To determine the appropriate insurance for a commercial client, the first step is a thorough review of the property-protection standards, public and private, in each of the countries where that client has operations. A U.S. company has purchased a manufacturing …
Zurich Financial Services Group announced plans to move its Latin American regional headquarters from Santiago, Chile, to Miami in early 2007. The Company also appointed Jaime Paredes, 51, as the new CEO of Zurich Latin America, effective November 6, 2006. …
The ACE Group of Companies announced the appointment of Jorge Luis Cazar as President and CEO of ACE Latin America, based in Miami. He will begin his new assignment in the first quarter of 2007, reporting to Ed Clancy, President …
Guy Carpenter & Company, Inc., the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that its dedicated facultative reinsurance unit, GCFac, has launched STEALTH (Sabotage and Terrorism Electronic Application Linked to Hiscox). The bulletin described STEALTH …
On Sept. 29, OneBeacon Insurance Group completed its previously announced renewal rights and asset sale agreement that transfers its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group, Ltd., for approximately $32 million. From officies …
Pinnacle Entertainment Inc. announced that, on August 1, 2006, it filed suit in the U.S. District Court for the District of Nevada against three of its excess insurance carriers. The suit relates to the loss incurred by Pinnacle as a …
The Boston-based Liberty Mutual Group plans to enter the Turkish market with the purchase of a majority stake in Seker Sigorta A.S. Liberty Mutual signed an agreement on June 16 with Sert Holding A.S. for the acquisition of a majority …
Bermuda’s XL Capital Ltd. is commemorating its 20th anniversary with a “Global Day of Giving — a day dedicated to supporting the communities in which XL operates.” The global volunteer event, currently taking place, “will see XL employees donating over …
