May 1, 2009
Marsh has appointed Joe Grogan to lead its Middle Market business in the UK and Ireland. In addition to these responsibilities, he will also retain leadership of Marsh’s operations in the Republic of Ireland, where he has been CEO since …
April 28, 2009
A study, published by Marsh, finds businesses continue the trend to self-insure through captives. “Despite the global economic recession and continued soft commercial insurance market, businesses in all parts of the world continue to use captive insurance companies as mechanisms …
April 16, 2009
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) continues to produce positive investment returns, “based,” it said, “on its diverse investment portfolio and conservative approach to investment. “These returns have allowed the CCRIF to increase its claims-paying capacity and facilitate a …
April 16, 2009
Houston-based HCC Insurance Holdings Inc. (NYSE:HCC) has named Susan L. Howie to head its corporate Human Resources Department as vice president of Human Resources. Howie previously worked for HCC from 1997-2005, serving as head of the company’s Human Resources Department. …
April 15, 2009
An article on the Lloyd’s web site (www.lloyds.com) analyzes the stepped up need for insurance coverage when mega-rock bands like U2 go on tour. The Irish band is slated to begin its latest series of concert dates, named the “360 …
April 8, 2009
Standard & Poor’s Ratings Services has assigned its ‘BBB+’ long-term counterparty credit and insurer financial strength ratings to U.K.-based marine insurer Steamship Mutual Underwriting Association Ltd. with a stable outlook. S&P said the “ratings reflect the company’s core status within …
March 26, 2009
The European Union has joined the Caribbean Catastrophe Risk Insurance Facility’s (CCRIF) 16 member governments – Canada, the World Bank, the United Kingdom, Bermuda, Ireland, France and the Caribbean Development Bank – in donating to the facility’s reserve pool. The …
March 19, 2009
John Ibbett and pigs go back a long way. “The pig manager pushed me round in a pram,” recalls Ibbett, whose family has been farming on the same site since 1939. Now he’s proud his family farm can turn muck …
March 19, 2009
ACE Europe has appointed Mike Reynolds as Marine Manager for the UK & Ireland. He will be responsible for managing the ACE’s marine portfolio written outside of its London market operation through ACE Europe’s 11 regional and London offices. He …
March 18, 2009
Marsh has analyzed the possible effects of new European legislation designed to protect the environment. The broker points out that “businesses in the UK will now have to pay for any significant damage that they cause to the environment following …