Zurich Financial Services announced the appointment of Andreas Grünbichler, a 43-year old Austrian, as the CFO of International Businesses (IB), effective January 1, 2008. He will become responsible for all the IB Finance and Actuarial functions, with all the regional …
Guy Carpenter & Company, LLC announced that its Instrat ® unit has introduced a new, fully probabilistic flood model for the Czech Republic. “The model provides insurers with a reliable, high-quality set of tools for managing potential exposures in one …
The Zurich Financial Services Group announced that its subsidiary Zürich Beteiligungs-AG (Deutschland) has signed an agreement to acquire car warranty insurer Real Garant Versicherung AG from ADAC-Schutzbrief Versicherungs-AG with retroactive effect as of January 1, 2007. The purchase price was …
A device using a flashing light and a shrill alarm is being tested on a stretch of road near Fort Dix, N.J., to see whether it can deter deer. The devices, installed by Mount Laurel company JAFA Technologies Inc., are …
A device using a flashing light and a shrill alarm is being tested on a stretch of road near Fort Dix, N.J., to see whether it can deter deer. The devices, installed by Mount Laurel company JAFA Technologies Inc., are …
A device using a flashing light and a shrill alarm is being tested on a stretch of road near Fort Dix, New Jersey to see whether it can deter deer. The devices, installed by Mount Laurel company JAFA Technologies Inc., …
Standard & Poor’s Ratings Services said that its rating and outlook on Scottish Re Group Ltd. (SCT; B+/Developing/–) “will not be affected by the company’s five-day delay in its second-quarter 2007 10Q filing for the period ended June 30, 2007. …
Risk Management Solutions has launched an extensive new model for earthquake risk in Europe, which it believes is the “most comprehensive model of its type.” It covers Austria, Belgium, Germany, Italy and Switzerland, as well as Liechtenstein and Monaco. “The …
Standard & Poor’s Ratings Services has assigned its ‘B’ senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established shelf program, Nelson Re Ltd., sponsored by Glacier Reinsurance AG (Glacier …
It’s becoming a familiar song: the Federal Terrorism Risk Insurance Act (TRIA) is once again due to expire on Dec. 31, 2007, and as of this writing, no long- or short-term successor program has been decided upon or finalized. The …
