The Bermuda-based Argo Group International Holdings has made an offer to acquire Heritage Underwriting Agency, Plc, a successful Lloyd’s insurer. The transaction is subject to “relevant legal and regulatory requirements and to satisfaction of customary conditions for a transaction of …
Half a century after the launch of the notorious morning sickness pill thalidomide, its surviving victims are demanding €4 billion ($6.3 billion) in compensation from the German government and the drug’s maker. A newly formed group, the International Contergan Thalidomide …
Marsh issued a warning to UK companies from its London office that their “subsidiaries and affiliates of Japanese firms,” face some new risks in association with “new Japanese legislation relating to internal controls and financial reporting, which comes into effect …
A new survey from Marsh has determined that “many European firms are failing to overcome a ‘perception gap’ in their approach to business continuity management (BCM). Marsh’s latest research, The Upside to Business Continuity, examines the views and perceptions of …
March 31, 2008 – London American Risk Specialists, Inc an independently owned & operated surplus lines/ wholesale brokerage firm, headquartered in Houston, TX, announces a new A.M. Best Rated A XV admitted market for Energy Contractors: • Natural Gas Utility …
Capacity for aviation coverage appears to be increasing, but, as claims are also on the rise, the outlook for the year ahead is not one that is easy to predict. Aon aviation industry analyst, Magnus Allan, commented – in an …
Singapore Airlines said on Wednesday that it had to ground an Airbus A380 on Monday and transfer passengers to two smaller Boeing 747s bound for Sydney, after a fuel pump failed to work. This was the fourth incident in three …
French President Nicolas Sarkozy and British Prime Minister Gordon Brown vowed to boost cooperation on the economy and immigration on Wednesday as Sarkozy began a visit aimed at improving awkward ties. Sarkozy, speaking of “Franco-British brotherhood”, said he would ask …
Despite the past deadly attacks and the continuing threat of renewed violence, “London firms appear under-prepared for a terrorist attack,” concludes Marsh from the results of an ad hoc poll. Marsh conducted a survey at recent seminar on terrorism, which …
Kenneth A. Bowles as been named the 2008 PIA National Professional Agent of the Year by the National Association of Professional Insurance Agents. Bowles was honored for his work on behalf of professional insurance agents, his commitment to the highest …
