July 18, 2008
A collaborative approach to risk by contractors, brokers, owners and insurers has helped secure the long-term viability of tunnelling schemes around the world, said delegates — including engineers, lawyers, contractors and owners — at a recent seminar hosted by Jardine …
July 17, 2008
Aon has named Mark Chessher to the position of chief financial officer of Aon Limited and ARS (UK). Chessher will join the company later in the year, subject to FSA approval, and will sit on the Aon Limited board. He …
July 16, 2008
The wife of a British man who faked his own death played a crucial role in his attempt to fool officials, defraud insurance companies and even deceive their own children, a prosecutor said this week. Anne Darwin was a full …
July 15, 2008
Florida Gov. Charlie Crist met with Lord Levene, the chairman of Lloyd’s of London, to discuss reinsurance issues in Florida, as well as Lloyd’s climate change initiatives. The meeting took place during the Team Florida Trade and Business Development Mission …
July 15, 2008
Encino, Calif.-based NAS Insurance Services has expanded its abuse/molestation legal expense insurance to include individuals, groups and businesses that sponsor events on their premises such as homeowner associations, property managers, land owners, etc. Also covered are new entities such as …
July 14, 2008
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Lloyd’s of London and Lloyd’s Reinsurance Co. (China) Limited. A.M. Best said it believes that underwriting discipline at Lloyd’s is likely …
July 11, 2008
John Charman, chief executive of Bermuda insurance group Axis Capital Holdings Ltd expects to pass on the CEO position to a successor when his contract ends in just over five years. Charman, in an interview, decided this year to renew …
July 10, 2008
Roanoake, Virginia-based risk management and insurance brokerage firm, Thomas Rutherfoord Inc., announced that Craig Perry, vice president, will assume new duties in the Atlanta office as focal point for the development of risk management and international accounts and the office’s …
July 10, 2008
World Trade Organization mediators in Geneva put the final touches to new negotiating texts on Thursday that will serve as the blueprint for an outline deal in the WTO’s long-running Doha round, trade officials said. The chairmen of talks in …
July 9, 2008
John Charman, chief executive of Bermuda-based Axis Capital says insurers are caught between softening policy rates and volatile investment markets, a situation he expects to hurt returns. “You could make the case that this is the perfect storm — where …