Aon Risk Services announced that it has “developed a range of new products to respond to the recent economic volatility. The series of product suites is designed to help companies mitigate and deal with the risks they face from rapidly …
Andrew Brooks, currently Chief Underwriting Officer of Lloyd’s Ascot Underwriting, has been named Chief Executive Officer, effective immediately. He succeeds founder and current CEO, Martin Reith, who will assume a non-executive role. “Both of these appointments are subject to approval …
ACE Europe announced that it has extended broker access to its market-leading Directors & Officers (D&O) portfolio by writing commercial D&O risks at Lloyd’s. Commercial D&O is now available through the ACE Global Markets Syndicate 2488 at Lloyd’s for primary …
Willis Re, the reinsurance arm of global broker Willis Group Holdings, announced from its London headquarters the election of Alice Underwood to the Board of Directors of the Casualty Actuarial Society (CAS) for a three year term. “In her new …
During recent Congressional hearings into the financial crisis at American International Group (AIG) and the resulting $85 billion federal bailout for the financial giant, Rep. Elijah Cummings, D-Md., asked former AIG CEO Martin Sullivan whether, given the firm’s troubles, he …
New York State Insurance Superintendent Eric Dinallo and Hector Sants, chief executive officer of the United Kingdom Financial Services Authority – the United Kingdom’s insurance regulator – have signed a memorandum of understanding that established a formal basis for consultation, …
Aloha Insurance Services, a full service agency with offices in Kailua-Kona and Kailua, Oahu, recently named Peter Preston manager of the new Ocean Marine Department, with emphasis on charter vessels. Preston has been in the insurance industry for 33 years, …
London Market reform technology specialists TriSystems announced that their Universal Messaging Gateway (UMG) suite is now available via the Internet in a move, which the Company says will “be widely seen as a further boost to electronic trading in the …
PARSIPPANY, N.J., (October 10, 2008) – York Insurance Services Group, Inc., a premier national provider of insurance services, including claims handling, specialized loss adjusting, managed care, insurance pool administration, loss control and others, today announced it has acquired Atlanta-based Site …
American International Group’s (AIG) exposure to the subprime mortgage market that precipitated the government’s $85 billion bailout came as a result of business conducted after he left the company, according to Maurice “Hank” Greenberg, who was chief executive officer from …
