London News

Ascot Announces New Appointments

Lloyd’s and London Market insurer Ascot Underwriting Ltd. has announced several new appointments to their operating units: Ascot Renewco, Ascot Asia, and Cargo teams. Alex Lumby, Chief Underwriter and Principal Officer of Ascot Asia, is returning to London to lead …

Grant Thornton’s Tucker Comments on Camden Market Fire

Angus Tucker, Director of Insurance Claims Solutions with the UK’s Grant Thornton Forensic and Investigation Services practice, indicated the cost “from Saturday’s fire is likely to be significant, particularly as the market is likely to remain closed for the immediate …

Collins Expands Reinsurance Services to Europe

Minneapolis-based Collins is expanding its services as a reinsurance intermediary to Europe. President and CEO Pat Denzer announced that the Company had engaged Michel Fernandez, a native Parisian, who has worked for 15 years as a reinsurance broker serving European …

Western National Adds Senior Vice President, General Manager

Minneapolis-based Western National Insurance Group recently announced that effective as of Feb. 11, 2008, Jeffrey J. Couchman will join the Western National Insurance Group’s management team, serving as both senior vice president & general manager of the Group’s west coast …

Fire Destroys Part of London’s Camden Market; No Casualties Reported

A major fire broke out late Saturday at London’s famous Camden market, ripping through one of the city’s top tourist draws and a nearby celebrity hangout, fire officials and witnesses said. Flames from the blaze sent bright red cinders and …

Lockton Creates China Desk in London

Lockton has created a China Desk in London managed by Jiong Zhang, to reinforce the global broker’s existing relationships with insurance and reinsurance clients in the Far East. Lockton’s Executive Chairman Julian James had pledged the creation of a new …

Singer Tom Jones Denies Chest Hair Insurance Report

Singer Tom Jones denied a report he bought a $6.8 million insurance policy for his chest hair. The British tabloid, The Daily Mirror, reported the famed singer went to underwriters at Lloyd’s of London with the unusual request and they …

People

The Nonprofits Insurance Alliance Group in Santa Cruz, Calif., appointed Kim Aday to vice president finance/treasurer. Aday joined the group in 1997 in the position of accountant. In early 2001, she was promoted to controller. H.W. Kaufman Financial Group/Burns & …

My New Markets

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Willis-Marsh? A Firm ‘No Comment’ But Rumors Persist

The rumors, and at this point that’s all they are, apparently started with a brief report on CNBC that Willis Group Holdings had expressed interest in acquiring Marsh Inc. from MMC. Is there any truth in it? “No comment,” said …