India News

Best Affirms Indian Insurer’s ‘A-‘ Ratings; Outlook Now Stable

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of The New India Assurance Company Limited, and has revised its outlook on the ratings to stable from negative. Best …

Batchelor Returning to London to Head Marsh Europe/Mideast

Marsh announced from its London office that David Batchelor will succeed Alex Moczarski as CEO of Marsh’s operations in Europe, the Middle East and Africa (EMEA). He currently heads the Asia Pacific region for Marsh, responsible for operations in China, …

People

Giant insurance broker Marsh announced changes to its global organizational structure as well as several senior management appointments. Marsh said its global insurance broking business will be consolidated into two geographic divisions: U.S./Canada and International. As part of this combination, …

People

Assurex Global, a worldwide network of independent insurance brokers, named its newest and 52nd chairman of the board. Bill Jeatran, chief executive officer of RJF Agencies, Minneapolis, Minn., succeeds Paul J. Hering, who is the managing principal and CEO of …

People

Giant insurance broker Marsh announced changes to its global organizational structure as well as several senior management appointments. Marsh said its global insurance broking business will be consolidated into two geographic divisions: U.S./Canada and International. As part of this combination, …

People

Dallas-based regional insurer, The Republic Group, appointed Jim Drawert to the new position of vice president – Industry Relations. Additionally, Cathy Link has joined Republic as chief underwriting officer. Drawert joined Republic in 2003 as vice president – chief underwriting …

Minnesota RJF Agency’s Jeatran Becomes Assurex Global Chairman

Assurex Global, a worldwide network of independent insurance brokers representing $23 billion in premium volume, has named its newest and 52nd chairman of the board. Bill Jeatran, chief executive officer of RJF Agencies, Minneapolis, Minnesota, succeeds Paul J. Hering, who …

Ratings Recap: General (India), SCA, Successor Hurricane, Wing Lung, Dao Heng, Sovereign Assurance

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-” of General Insurance Corporation of India (GIC) and has revised its outlook on both ratings to stable from negative. “The …

Mo. Governor’s Official One of Nominees for Appeals Court Spot

A former top official in Missouri Gov. Matt Blunt’s administration is one of three finalists for a spot on the state appeals court. An appellate nominating commission on Monday selected Rod Chapel Jr., Zel Fischer and Alok Ahuja as the …

Willis Expands Global Graduate Program after China Success

Willis Group Holdings will expand its global graduate program in 2008, following the program’s “huge success” in China. The number of places available to students has risen from 14 in 2007 to 20 in 2008, which has led to a …