Japan News

People Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance brokerage. Axel will be based at the Culver City, …

John Niedernhofer

Bob Williford People Barney & Barney LLC, a San Diego-based risk management consulting and insurance brokerage firm, promoted John Niedernhofer and William Peartree to ownership status within the firm. Niedernhofer heads the firm’s Executive Risk Practice specializing in directors and …

People and Places

Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance brokerage. Axel will be based at the Culver City, Calif., …

People and Places

Barney & Barney LLC, a San Diego-based risk management consulting and insurance brokerage firm, promoted John Niedernhofer and William Peartree to ownership status within the firm. Niedernhofer heads the firm’s Executive Risk Practice specializing in directors and officers liability and …

U.S. tort costs reach a record $260 billion, Tillinghast study reports

U.S. tort costs reached a record $260 billion in 2004, or approximately $886 per person, according to the U.S. Tort Costs and Cross-Border Perspectives: 2005 Update from the Tillinghast business of Towers Perrin. This surpassed the previous record set in …

S&P Announces Revision in Assessing P/C Cat Risks

Standard & Poor’s Ratings Services announced that it has revised its criteria for measuring the catastrophe risk of primary P/C insurance companies, according to an article published today. The article, which is titled “Property/Casualty Insurance Criteria: Primary Insurer Catastrophe Capital …

Hub International Names Axel Senior VP of Kagan-Kozberg Division

Hub International Ltd., a Chicago-based brokerage has named Jonathan Axel senior vice president of the Kagan-Kozberg Division at Hub International of California Insurance Services Inc., a subsidiary of the insurance brokerage. Axel will be based at the Culver City, Calif., …

Donnet Named Chairman of the Board of Directors of AXA Japan Holding

A bulletin from AXA’s Paris headquarters notes that the Boards of AXA Japan Holding and AXA Life Japan “met on March 14, 2006 to take important organizational decisions following AXA decision to have Philippe Donnet play a larger role within …

Tillinghast Study: U.S. Tort Costs Reach a Record $260 Billion

U.S. tort costs reached a record $260 billion in 2004, or approximately $886 per person, according to the U.S. Tort Costs and Cross-Border Perspectives: 2005 Update from the Tillinghast business of Towers Perrin. This surpassed the previous record set in …

R&SA 2005 Operating Profits Soar 171% to $1.215 Billion

The restructuring efforts at the U.K.’s Royal & SunAlliance paid off handsomely in 2005. The Group reported a 171 percent increase in operating profits to £698 million ($1.215 billion), compared to £258 million ($449 million) in 2004. Other highlights cited …