“United States-based companies with business interests abroad will not be trading in a safer world in 2006,” according to Aon’s newly published annual global business risk analysis represented in its 2006 Political & Economic Risk Map. Aon said the “map …
Euler Hermes ACI, a provider of trade credit insurance and risk mitigation information, has released a special global risk analysis report from its U.S. headquarters in Maryland. The company, a subsidiary of French insurer AGF, which is in turn part …
A leading U.K. intelligence expert and a specialist in terrorist underwriting at Hiscox Plc have warned that the threat of terrorism will not diminish in the year ahead with the continued potential for attacks around the world. Simon Sole, managing …
New Orleans-based Pan-American Life has announced the appointment of Charles Wilder as senior vice president for Product Management and Distribution Finance. Prior to joining the company full-time, Wilder had served as a consultant since April of 2005, working to improve …
Royal & Sun Alliance Insurance Group PLC announced the acquisition of Chile’s leading general insurance business Compañia de Seguros Generales Cruz del Sur S.A. and its Argentinean sister company La República Compañía Argentina de Seguros Generales S.A. for $119 million …
No less than five airline accidents occurred in the month of August, the most in three years. Two of the crashes killed all those on board. On Aug. 14, a Boeing 737, operated by charter airline Helios Airways, crashed outside …
No less than five airline accidents occurred in the month of August, the most in three years. Two of the crashes killed all those on board. On Aug. 14, a Boeing 737, operated by charter airline Helios Airways, crashed outside …
Nuts & Bolts: This new program from ISO includes policy contract forms, underwriting rules, loss costs (projections of future claims) and an advisory application supplemented by an advisory underwriting guide. While some cyber risk protection has been available as subcoverage …
In a joint announcement, datelined Chicago and Sao Paulo, Brazil, Aon Corp. announced the formation of Aon Affinity Latin America. “The organization will be headquartered in Sao Paulo, Brazil, where Aon has an established presence in the affinity marketplace through …
Standard & Poor’s Ratings Services has issued a report entitled, “The Latin American Reinsurance Industry: Underdeveloped, With Potential,” which points out that the “underdeveloped Latin American reinsurance markets are a result of local market dynamics and conditions.” S&P said that, …
