January 26, 2004
According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion that economic and insured losses would continue to …
January 26, 2004
According to a recently released report from Munich Re, fatalities caused by natural catastrophes were up 450 percent in 2003, while insured losses reached $15 billion. More ominous was the reinsurer’s conclusion that economic and insured losses would continue to …
January 22, 2004
Global insurance broker Willis Group Holdings announced that it has acquired the remaining shares of Willis A/S in Denmark that it did not already own. The move is the second major acquisition Willis has made in the Nordic broker market …
January 14, 2004
London-based global brokerage Willis Group Holdings announced it has agreed to acquire Kirecon A/S, based in Copenhagen. Terms were not disclosed. Kirecon is a leader in providing reinsurance broking services in Denmark. Willis CEO Joe Plumeri said the acquisition would …
December 30, 2003
Munich Re has released its analysis of natural catastrophes in 2003 and concluded that economic and insured losses continue to increase at a high level. Preliminary portions of the study had been presented at the recent meeting of the Intergovernmental …
December 17, 2003
Accenture has been selected to implement its Web-based Claim Components software application at Topdanmark, a property and casualty company based in Denmark. Topdanmark is the 10th insurer, and the first in the Nordic region, to license Accenture Claim Components software …
November 3, 2003
The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and the differences between the U.S. and the European …
November 3, 2003
The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and the differences between the U.S. and the European …
October 21, 2003
A.M. Best Co. announced that it “has affirmed the financial strength rating of A- (Excellent) of Tryg-Baltica Insurance, International Insurance Company A/S (TBI), Denmark. At the same time, the rating has been removed from under review, and a negative outlook …
October 10, 2003
The second bi-annual conference of the Federation of European Risk Management Associations, which wrapped up proceedings on Wednesday in Rome, featured presenters and workshops that highlighted both the similarities and the differences in the U.S. and the European approach to …