Speaking at the recent World National Oil Companies Congress in London, Phillip Ellis, Chairman of Willis Energy, a division of Willis Group Holdings, presented hazard risk management as a guard against shocks that can destroy companies. Ellis pointed to “war …
“Winter storms in Europe are like London buses,” says an article on the Lloyd’s web site (www.lloyds.com) – “You don’t see any for a while and then along come two or three, one behind the other.” The four month European …
A report from Willis notes that “over the last 18 months, pirate attacks have become more prevalent off the horn of Africa than in the traditional hot spot of the Malacca Straits. This is particularly worrying for Danish shipping companies …
Zurich Financial Services Group announced the appointment of Lindene Patton and Elpida Constantinou to key positions within its Climate Office, both will report to Michael Kerner, Global Chief Underwriting Officer and Head of Zurich’s Climate Initiative. Patton, 43 and a …
Bermuda-based XL Insurance, the global insurance operations of XL Capital Ltd., has announced the formation of a global Product Development team to further address customers’ risk management needs. “The team will work with XL Insurance business units, customers, and brokers …
Willis Group Holdings, in what it described as part of its “increased focus on delivering in-depth capabilities to high growth markets,” has expanded its International Mergers and Acquisition Practice into Central and Eastern Europe (CEE). A new team, headquartered in …
Marsh’s London office has issued a new “global benchmarking report,” which examines the use of captive insurance companies by today’s global firms. The report -“Next Generation Captives – Optimising Opportunities” – found that although annual captive premium income is estimated …
Standard & Poor’s Ratings Services’ latest review of the U.K. insurance market – “Insurance Industry Risk Analysis: U.K. Economic Risk Increases But Unlikely To Put Pressure On Non-Life Ratings” – concludes that, “despite the strength of results and ratings, the …
The 10th edition of the European Insurance Forum wrapped up proceedings on Tuesday night. The two-day conference, held at Dublin’s Four Seasons Hotel and sponsored by the Dublin Insurance & Management Association (DIMA), focused on some major issues of worldwide …
Houston-based property casualty insurance wholesaler London American Risk Specialists Inc. announced it has promoted Zane Carson and Jennie Triola to vice president positions. Formerly director of Marketing for London American, Carson has been with the company three years and will …
