Willis Group Holdings has appointed José Otávio Sampaio as CEO for Willis Brazil, which it described as “one of the biggest growth areas for the global insurance broker.” He will report to Eugenio Paschoal, CEO, Willis Latin America and former …
Zurich Financial Services announced that its Brazilian subsidiary Zurich Participações e Representações Ltda. (Zurich Participações) has completed the acquisition of common shares representing 87.35 percent in Companhia de Seguros Minas Brasil, a BOVESPA-listed company, from Banco Mercantil do Brasil S.A. …
Unibanco – União de Bancos Brasileiros S.A. – and American International Group, Inc. announced that they have entered into an agreement to repurchase their crossholdings in Unibanco AIG Seguros S.A. (UASEG) and AIG Brasil Companhia de Seguros (AIG Brasil). “Under …
Mapfre Re announced that it has been authorised to establish a local reinsurer in Brazil, through its new subsidiary MAPFRE RE DO BRASIL Companhia de Reasseguros. The bulletin noted that Bosco Francoy, “together with a group of talented managers,” will …
Willis Group Holdings has appointed Christopher R. Burns as CEO of its Global Employee Benefits Practice. He is based in New York, and will be responsible for the strategic growth and operational oversight of the practice, reporting to Allan Gribben, …
Pete Garvey, current president of Integro Ltd., assumed the additional responsibility of CEO for the insurance broker, succeeding Roger Egan, who has left the company. Garvey has served as president of Integro since 2005. He was among the original founders …
The current financial crisis will require unprecedented levels of global coordination to resolve it because no country is immune to its effects, European Commission President Jose Manuel Barroso said on Thursday. Speaking in Beijing a day before the opening of …
The World Trade Organisation (WTO) is creating a taskforce to monitor the effects of the financial crisis, following its call for a meeting next month to examine its impact on trade finance, its head said on Tuesday. WTO Director-General Pascal …
Minneapolis-based Collins and Brazil’s Especializada Re have entered into an agreement under which the two companies will serve as exclusive correspondent brokers for the placement of reinsurance for insurance companies based in Brazil. Under the agreement, Especializada Re will work …
Bermuda-based AXIS Capital Holdings Limited announced that Cheryl-Ann Lister has been appointed to its Board as an independent director. She will serve as a Class II Director and as a member of the Audit Committee of the Board. Lister currently …
