London News

Marsh Makes Appointments for its Risk Consulting Practice

Marsh announced the appointment of Jeff Colburn as UK Leader of its Risk Consulting Practice in succession to George Davies, who has become Head of Marsh UK’s Risk Management Practice (See IJ web site – https://www.insurancejournal.com/news/international/2008/06/17/91035.htm). He will be based …

Willis Research Network Teams to Study Quakes with Italy’s EUCENTRE

The Willis Research Network (WRN), part of Willis Group Holdings Limited, announced that the EUCENTRE in Pavia has joined its network to enhance the quality of the earthquake research and modeling it offers to the international re-insurance industry. Willis described …

Willumstad Replaces Sullivan as AIG CEO

American International Group, the world’s biggest insurer [by capitalization], replaced CEO Martin Sullivan on Sunday, June 15, after it suffered two quarters of record losses from risky mortgage bets and its share price more than halved over the past year. …

Law Firms Face Increased Liability Risks Warns Marsh

A bulletin from Marsh’s London office warns that the economic downturn in the US and many parts of Europe, caused by the contraction of readily available credit in some spheres, may well increase the incidence of professional liability claims against …

Hurricane Forecasts Have Limited Value

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

People Lockton Companies recently named Kevin McDaniel as president of its St. Louis office. McDaniel succeeds Whity Meyer, who was named chairman. McDaniel joined Lockton more than 10 years ago as a producer and most recently has been an executive …

Hurricane Forecasts Have Limited Value for Planners, Insurers

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

People Dallas-based Colemont Insurance Brokers promoted Su Young to vice president in Colemont’s Texas office. Young joined Colemont in 2001 as part of the Texas financial services team and is located in Houston. She specializes in D&O, employment practices, fiduciary, …

Hurricane Forecasts Have Limited Value

They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …

Willis Partners With University of Bologna to Study Floods

The Willis Research Network (WRN), part of Willis Group, has announced the formation of a partnership with the University of Bologna “to include the renowned Italian institution’s flood research as part of more a robust risk modeling offering for clients. …