Big European reinsurers said on Friday that they still expected no major losses from an influenza outbreak that the World Health Organization (WHO) this week declared the first flu pandemic of the 21st Century. “The WHO moving to phase 6 …
Peter den Dekker, corporate insurance risk manager at Dutch multi-national Stork, has been elected President of the Federation of European Risk Management Associations (FERMA). He takes over from Marie-Gemma Dequae, whose mandate came to an end after four years, following …
Air France has said all its flights using long-haul Airbus jets will be equipped immediately with new speed sensors after last week’s disaster over the Atlantic, a pilots’ union said Tuesday. The pitot tubes that gauge speed have become the …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of AXA Art Insurance Corporation, which is based in New York City. The outlook for both ratings is stable. “The ratings reflect …
Guy Carpenter & Company has published the latest installment in its series of updates on key legislative and legal developments impacting insurers and reinsurers in Continental Europe. The briefing addresses the implications of the ongoing global financial crisis, highlighting the …
Searchers found 15 more bodies from a crashed Air France jet Sunday and retrieved a large amount of debris from the plane that plunged into the Atlantic Ocean in the worst air disaster since 2001. Nearly a week after the …
Wilson Elser Moskowitz Edelman & Dicker LLP has expanded its office in Las Vegas with new partners Michael M. Edwards, Jennifer Willis Arledge, David S. Kahn, Jorge A. Ramirez and Sheri Thome. The new partners will join current partners Gloria …
The last manual message from the pilot of Air France Flight 447 indicated the plane was headed into a storm. Ten minutes later a flurry of automated messages began: The autopilot had disengaged; a key computer system had switched to …
French officials said on Wednesday they might never discover why an Air France aircraft crashed into the Atlantic, killing 228 people, and that they might not even find the plane’s black boxes on the ocean floor. Brazilian and French navy …
Search planes scoured the dark waters of the Atlantic Ocean early Tuesday, looking for the remains of an Air France jetliner that disappeared in a severe storm with 228 people on board. The Airbus A330 went missing on a flight …
