The United Kingdom is not in the grips of a U.S.-style compensation culture, nine out of every 10 workers injured or made ill by their jobs never receive a penny, and the best way for employers to ensure they stay …
One would have thought that the crisis in the European Union, provoked when French and Dutch voters rejected the proposed EU Constitution, might have caused a bit of soul-searching and reassessment on the part of Europe’s leaders. One would be …
Joe Plumeri, chairman and CEO of Willis Group Holdings Ltd., outlined the corporation’s progress through 2004, reflected on sweeping transformations taking place in the global insurance industry and the company’s platform for growth at the Annual Meeting of Shareholders which …
Regardless of whether or not the U.S. Federal Government authorizes an extension to TRIA (Terrorism Risk Insurance Act) beyond the end of this year, terrorism remains a very real threat and should not be ignored. According to Aon’s 2005 Terrorism …
Standard & Poor’s Ratings Services announced that it has assigned its “A-” long-term counterparty credit and insurer financial strength ratings to Denmark’s non-life insurer Codan Forsikrings A/S (Codan Forsikrings) with a stable outlook. “The ratings on Codan Forsikrings reflect its …
Attorney General Henry McMaster announced today in Columbia, S.C. that nine individuals pleaded guilty between Oct. 21, 2004 and Jan. 13, 2005 to 16 counts of Presenting False Claims for Payment, a felony violation of §38-55-170 of the Code of …
Bermuda-based PartnerRe Ltd. announced that claims relating to its exposure to Windstorm Erwin, which hit Northern Europe in early January, are expected to be between $50-$60 million. Windstorm Erwin battered Northern Europe from Ireland to Russia over the weekend of …
California isn’t alone in trying to cope with deadly weather. Northern Europe has been lashed by the most powerful storm to hit the continent since Lothar and Martin ravaged France, Switzerland and Germany in 1999. This time, due to a …
A severe winter storm, packing winds up to 150 km/hr (94 mph) and heavy rains has paralyzed much of Northern Europe, caused at least 14 deaths, knocked out power over wide areas and severely interrupted sea, air and land transport. …
Germany’s Allianz announced that it has been providing “on the ground” support to customers in Phuket, Thailand, the popular tourist island which was hit by the tsunamis that devastated Southeast Asia. “When Allianz in Thailand heard of the tsunami on …
