XL Insurance, the global insurance operations of the XL Group, has promoted Gavin Bruce-Smythe to Chief Underwriting Officer (CUO) for its International Property & Casualty business. He previously served as Chief Underwriting Officer, Excess Casualty International. His new responsibilities as …
Aon Risk Solutions, the global risk management business of Aon Corporation, announced that it has appointed new leaders for its Professions practice in London, and has made a number of strategic new hires. The team provides specialized insurance brokerage and …
Aon Risk Solutions points out that the “increasing popularity of e-books, iPads, and other digital publishing technology is fundamentally altering the way publishers and content providers address the way they approach credit control risks.” As a result the international broker’s …
London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing “victory or death” advanced towards the major …
Specialist insurer Markel International has appointed Nick James to its specialty division as a class underwriter in US and Canada property treaty reinsurance. He will work alongside Robin Ungless and Nick Hillman in London. James has over 14 years’ experience …
Arthur J. Gallagher & Co. announced that it has signed a definitive agreement to acquire the business and certain assets of London-based Woodbrook Underwriting Agencies, Ltd. The transaction is expected to close during the first quarter 2011. Terms of the …
London-based GCube Underwriting Limited, which specializes in insurance services for renewable energy technologies, announced that it has grown its solar property coverage from $300 Million to $500 Million USD for any single solar project or phase. “The news comes at …
The next step in the launch of the UK’s Managing General Agents’ Association (MGAA) was successfully achieved this week, following the final meeting in a round of consultative discussions with key stakeholders, which “concluded successfully,” said an MGAA bulletin. The …
Miller, the UK-based specialist independent insurance and reinsurance broker, has strengthened its trade credit capabilities with the appointment of Robert Michael. Tim Press, Head of Special Risks at Miller commented: “Robert has extensive experience in working with trade credit risks …
Australia’s flood-stricken coal industry may be disrupted for months after key rail and road links were washed away, while some infrastructure could take years to repair, authorities said on Friday. The floods have swamped mines in Queensland State, paralyzing operations …
