ACE Global Markets made several key appointments to its Trade Credit teams in London and New York. Stuart James has been appointed head of Trade Credit based in London, effective June 1. He will be responsible the performance and development …
Ireland in general and Dublin in particular are in a financial crisis but the insurance and reinsurance sectors appear to be weathering the storm. In a recent interview, Sarah Goddard, CEO of the Dublin International Insurance Management Association (DIMA), said …
Willis Group Holdings announced that six new members have joined its Willis Networks – partnerships with local, independent insurance brokers in the UK – which now totals 106. Willis Networks is made up of the Willis Commercial Network (WCN), “which …
Standard & Poor’s Ratings Services announced that it has revised the outlooks on the various operating entities of Switzerland’s Zurich Financial Services (collectively ZFS) to stable from negative. ZFS includes Swiss-based Zurich Insurance Company Ltd. (ZIC), Ireland-based Zurich Insurance PLC, …
The European Insurance Forum, held in Dublin Monday and Tuesday, was dominated by the fiscal crisis that has hit Ireland particularly hard. Although the country’s insurance industry remains a bright spot in an otherwise fairly bleak landscape, even it is …
Specialty insurer Hiscox has appointed Carl Bach as branch manager of the firm’s New York insurance operation. Bach, executive vice president, will oversee the development and management of broker relationships and managing business operations for the New York region, which …
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Renaissance Reinsurance Ltd. and Renaissance Reinsurance of Europe, which is headquartered in Dublin, Ireland. Best also affirmed the ICR …
Zurich Financial Services Group has appointed Pascal Perritaz (37, Swiss citizen) to the position of Chief Financial Officer Asia-Pacific and Middle East (APME), effective April 1, 2010. He replaces Iain Howie, who has been appointed CFO Zurich Australia. Perritaz will …
Last month’s huge earthquake in Chile might cost the insurance industry up to $7 billion in damage claims, the world’s top two reinsurers said, but it looks unlikely to raise reinsurance prices. World leader Munich Re said it expected the …
ACE UK has appointed Victoria Keeble as Environmental Risk Underwriter. She will report to Wayne Harrington, UK & Ireland Manager – Environmental Risk and work within the London environmental team to underwrite business in this fast growing sector. Keeble has …
