Marsh has announced the appointment of Martin Stubbs as a Senior Vice President for Construction Professional Indemnity (PI) within its Financial and Professional Services (FINPRO) Practice in London. He has over 20 years’ experience in construction PI, and joins Marsh …
A classical nude “Venus” she’s not, but that didn’t seem to matter to whoever paid $33.6 million (£17.2 million) for Lucien Freud’s painting – “Benefits Supervisor Sleeping.” The price was the highest ever paid for the work of a living …
Since Joe Plumeri took over as Chairman and CEO of Willis in 2000, he’s guided the international broker through turbulent times, making a number of radical and innovative changes along the way. Nowhere is his presence more evident than in …
A report from Risk Management Solutions on the 7.5 magnitude earthquake that struck China’s Sichuan province on Monday reports that “over 7,000 casualties had been reported. More than 100 fatalities occurred from the collapse of a school in Dujiangyan City, …
Willis Group Holdings announced the opening of a new captive management operation, Willis Management (Malta) Ltd. “This expansion is in response to growing captive insurer and third party writer opportunities, as Malta establishes itself as a leading financial center,” said …
Amlin plc, one of Lloyd’s largest insurers, has announced its intention to form a new Investment Management Partnership with John Wells, who will become Chairman, and Luca Albertini, who will become Chief Executive. The new venture, which is subject to …
Willis Group Holdings has announced three senior appointments to its Global Specialties division. Keith Anderson will assume the role of Chief Financial Officer (CFO) for Global Specialties, Nick Dunlop has been appointed as Sales Director for the division and Giles …
Travelers Insurance is consolidating some of its personal lines business center activities across the country, a plan that will mean fewer jobs in Massachusetts and New Jersey but more in upstate New York. Travelers Personal Lines is consolidating some “non-customer …
A coalition of U.S. insurers is calling on lawmakers to close a tax loophole that helps foreign insurers, and although it has won the support of presidential hopeful Hillary Clinton, it faces a harder task convincing others. The coalition, led …
Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has its origin …
