Guy Carpenter & Company, Inc., Marsh & McLennan’s global risk and reinsurance specialist, announced that Hugh Powell has assumed the role of CEO of its Latin America and Caribbean Region. He will manage Guy Carpenter’s operations in Argentina, Brazil, Chile, …
Cathleen C. Beavers was named general manager of the Texas Automobile Insurance Plan Association. Previously, Beavers was residual market business advisor for USAA in San Antonio where she managed the auto residual market for the company nationally. She has served …
The Liberty Mutual Group announced form its Boston headquarters that its Portuguese subsidiary, Liberty Seguros Portugal, has signed a memorandum of understanding with insurer Acoreana to form a strategic alliance in the Portuguese insurance business. Liberty said that once the …
The article that appeared on the IJ Web site yesterday, March 6, contained several factual errors concerning the adoption of a compliance and regulatory system for implementing the Kyoto Protocol on the emission of greenhouse gasses. We are indebted to …
THIS ARTICLE HAS BEEN CORRECTED. PLEASE GO TO THE IJ WEBSITE – MARCH 7, 2006. The United Nations Environment Program (UNEP) has formally launched a compliance system for the Kyoto Protocol, the international treaty to reduce greenhouse gas emissions. The …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A”- (Excellent) of Bermuda-based Exporters Insurance Company Ltd. (EIC) and its U.K. subsidiary Exporters Insurance Company (Europe) Ltd. Best changed the outlook on EIC from stable to …
Swiss Re announced the appointment of Beat Strebel to head its Latin American unit. Strebel, who is based in Armonk, New York, is responsible for all of Swiss Re’s Property & Casualty and Life & Health reinsurance business in Latin …
Houston-based HCC Insurance Holdings Inc. announced that Luis R. Martinez de la Fuente has been retained as a consultant to assist the company’s planned international expansion in Latin America. Martinez, who has residences in Mexico City and Miami, has been …
United America Indemnity Ltd.’s board of directors has selected Joseph F. Morris as its president. The company will also consolidate its two U.S. insurance subsidiaries, United National Group and Penn-America Group, under a single United America Insurance Group management structure …
Euler Hermes ACI, a provider of trade credit insurance and risk mitigation information, has released a special global risk analysis report from its U.S. headquarters in Maryland. The company, a subsidiary of French insurer AGF, which is in turn part …
