A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of UK-based Ecclesiastical Insurance Office plc. Best also affirmed the debt rating of “bbb” on …
Snow and freezing temperatures grounded flights across northern Europe on Tuesday, while retailers fretted they would struggle to make up sales lost due to bad weather with just four shopping days to Christmas. Eurocontrol, the umbrella group for air-traffic control …
A possible civil fraud case against Ernst & Young LLC over its role in the collapse of Lehman Brothers could be the biggest government attack on an accounting firm since the collapse of Arthur Andersen over the Enron scandal. New …
Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of certain cars have more risk? What about the most attractive insurance job in the industry? These are just a few …
Europe saw little respite on Sunday from the Arctic conditions that closed airports and disrupted travel over the weekend before Christmas, traditionally one of the busiest times of the year. London’s Heathrow, the world’s busiest international airport, which was forced …
December is often a time of reflection on what we’ve achieved, where we’ve stumbled and what lessons we will take forward into the New Year. When Lloyd’s published its three-year strategy earlier this year, it was clear that one of …
When it comes to innovation in the insurance industry, Ace Private Risk Services, Work at Home Vintage Employees (WAHVE) and FirstBest Systems top the list, according to a competition that identified companies that successfully implemented new underwriting, distribution or technology …
London-based broker Cooper Gay announced the appointment of “professional indemnity specialist Frank Milton to develop business opportunities within the financial institutions sector.” He will be based in London and report to Dan Barton, Managing Director of Professional Risks. Milton has …
Lloyd’s has appointed Kent Chaplin as the new head of its Asia Pacific operations based in Singapore, replacing Keith Stern who is now Lloyd’s regional manager for the UK and Ireland. From January 2011, Chaplin will manage Lloyd’s operations across …
Lloyd’s has appointed David Lang, former chairman of the market’s Claims Service Review Board, as the new head of claims. He replaces Kent Chaplin who is moving to Singapore to become the new head of Lloyd’s Asia Pacific operations (see …
