Brazil News

Investigations, record settlements, globalization fuel need for D&O

Today “it’s tough to be a director and officer, and that means it’s tough to be a D&O underwriter,” according to Doug Poetzsch, senior vice president, head of specialty claims for Ace USA based in New York. Speaking on a …

Business Moves

Alliant, Jardine Lloyd Thompson Jardine Lloyd Thompson Group PLC sold its U.S.-based property and casualty insurance and employee benefits businesses to California-based Alliant Insurance Services Inc. JLT said the proceeds would be used to enhance the group’s financial position including …

J.P. Schmidt, Hawaii, Insurance Commissioner

Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already has reaped dividends, and Hawaii’s port of entry …

Willis Launches Multinational Benefits Unit

Willis Group Holdings has launched the Multinational Benefits unit, a specialized subdivision within Willis’ Global Employee Benefits Practice. The new unit will operate out of three multinational benefits centers of expertise in New York, Copenhagen and in Paris via Willis’ …

When insuring international trade, expect the world

Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants …

When insuring international trade, expect the world

Think how few things you and your clients wear, use or drive that are wholly made in the USA, and you get a sense of the magnitude of international trade. International trade also is no longer the domain of global …

The Commissioners

Hawaii:Perfectly poised for insurers in the Pacific Rim Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already …

When insuring international trade, expect the world

Think how few things any of us wears, uses or drives that are wholly made in the USA, and that provides a sense of the magnitude of international trade. International trade also is no longer the domain of global giants …

XL in Joint Venture with Brazil’s ITAU

Bermuda’s XL Capital Ltd. and Banco Itaú Holding Financeira S.A. (ITAÚ) have entered a definitive agreement to form a joint venture insurance company in Brazil. “The announcement follows news on January 30 that both parties had signed a Memorandum of …

When insuring international trade, expect the world

Think how few things you and your clients wear, use or drive that are wholly made in the USA, and you get a sense of the magnitude of international trade. International trade also is no longer the domain of global …