January 29, 2007
Dublin-based Research and Markets announced the addition of Australian Insurance Industry: An Analysis to their offering. “This report is a detailed study about the Australian insurance industry and its various segments,” the bulletin explained. “Australia has a mature, diversified, sophisticated, …
January 28, 2007
Goldman Sachs, USI Holdings Big insurance broker USI Holdings Corp. agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs and Co., in a transaction valued at approximately $1.4 billion, including repayment of USI’s existing …
January 28, 2007
Goldman Sachs, USI Holdings Insurance broker USI Holdings Corp. agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs and Co., in a transaction valued at approximately $1.4 billion, including repayment of USI’s existing debt …
January 25, 2007
Aon has announced a major realignment in its London and Bermuda offices that handle major corporate global risks. The world’s number 2 broker is centralizing those operations in Bermuda, and is moving a high level executives from the London office …
January 17, 2007
Clem Booth, a member of the management board of Allianz, SE, has been designated the 2007 chair of ACORD’s board of directors. John Kellington, chief technology officer and senior vice president of Ohio Casualty Group, has been selected as the …
January 15, 2007
The chief of the United Nations’ effort against climate change said this week there is widespread recognition of the seriousness of global warming but a lack of leadership has created a sense of helplessness. Yvo de Boer, executive secretary of …
January 12, 2007
Standard & Poor’s Ratings Services has placed its “BB-” rating on Simply Insurance New Zealand Ltd. (SINZ) on CreditWatch with developing implications. “The CreditWatch placement follows Australia-based GE Money’s (GE Money; not rated) decision to review its overall insurance operations …
January 12, 2007
The Insurance Bureau of Canada asks the rhetorical question as to whether Canadian drivers are “prepared to give up their cellphones and other distractions while driving?” The IBC noted that “despite the growing body of research that concludes that driving …
January 11, 2007
Insurance Australia Group Limited announced that it has completed the purchase of the UK auto underwriter and broker Equity Insurance Group (See IJ web site Dec. 6), as of Jan. 8, 2007. IAG noted that the total consideration was, as …
January 10, 2007
By Jenny Barchfield (AP) The chief of the United Nations’ effort against climate change said Monday there is widespread recognition of the seriousness of global warming but a lack of leadership has created a sense of helplessness. Yvo de Boer, …