Marsh’s London office announced the formation of an International Nuclear Practice, “drawing together Marsh’s extensive expertise and skills for all nuclear clients based outside the US and Canada.” Marsh said it formed the new facility in “order to address growing …
Global Special Risks (GSR), the wholesale insurance broker and managing general agent of Willis’ subsidiary, London-based Faber & Dumas, announced it has established an office in Calgary, Alberta, Canada to “more effectively serve its existing and prospective clients in the …
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, UK-based Travelers Casualty and Surety Company of …
The European Union could extend a planned levy beyond banks to other financial services firms, according to a report outlining the bloc’s message to G20 leaders who meet soon to tackle reform of the industry. The statement is likely to …
Marsh Sees Insurer Security, Transparency, Accountability as Issues Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker …
The Group of North American Insurance Enterprises (GNAIE), an association representing the Chief Financial Officers of major life insurance companies in Bermuda, Canada, and the United States, has joined with four other insurance industry trade associations based in North and …
San Francisco-based Genstar Capital, LLC, a middle market private equity firm, announced the acquisition of Granite Global Solutions, a Canadian provider of risk mitigation services to insurance and corporate clients. Genstar focuses on investments in selected segments of the life …
Ironshore Canada has entered into the financial and professional lines market, naming Dane Hambrook, vice president, to head the division. Ironshore Canada’s Financial and Professional Lines division will provide liability coverages for directors & officers, errors & omissions, employment practices, …
Canada said Thursday it was cracking down on banks that market “unauthorized insurance” on their websites, spelling out new rules designed to keep the realms of banking and insurance separate. Canada’s banking laws have long forbidden banks from selling insurance …
Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker Marsh. The financial crisis has brought risk management …
