Lloyd’s Chairman Lord Peter Levene announced that the U.K.’s Financial Services Authority (FSA) has given Lloyd’s authorization to write direct business in eight of the new European Union accession countries (See IJ Website May 3). Lloyd’s said the new licenses …
May first marked the most important expansion of the European Union in its 50 year history, as 10 countries joined the 15 existing members to create an economic block of 455 million people stretching from the Western shores of Ireland …
Zurich Financial Services announced plans to cease insurance activities in three Baltic States. It has reached a preliminary agreement for the transfer of its insurance portfolios in Latvia and Lithuania to If P&C, based in Helsinki, Finland, and plans to …
First Capital International, a Delaware-based company headquartered in Houston, has signed an agreement with Specialty Risk International to offer customized insurance products to international travelers. “This is a great opportunity to increase traffic and revenue streams from our sites,” said …
