Richard Ward hosted a cocktail reception to celebrate the opening of Lloyd’s new office in Toronto on Tuesday November 30. Lloyd’s noted that it has been a “leading provider of commercial insurance in the Canadian market for many years and …
A bulletin from Aon’s London office notes that the “Big Freeze in the UK shows no signs of abating.” It therefore is advising UK “businesses affected by the snow to constantly evaluate whether their business continuity plans, if they have …
Top global insurance broker Aon Corp. looks to grow over the next couple of years on the back of improved pricing and a recent key acquisition, which appears to be attracting smart investors to the stock. While some analysts see …
Heavy snow caused travel chaos across much of northern Europe on Thursday, keeping London’s Gatwick airport closed for a second day and disrupting road and rail travel in France, Germany and Switzerland. Days of sub-zero temperatures and snow in Britain, …
The world really gets no respite from global weather events. Just as the hurricane season draws to a close, the European windstorm season, which usually lasts around four months, starts up. In its examination of the onset of bad weather …
Analysts’ dividend forecasts point to steady recovery BP, analysts, may be underestimating legal charges BP has history of low-balling long-term cost of disasters “Gross negligence,” punitive damages not ruled out Analysis shows how $50 billion could be added to cost …
Germany and France declared on Monday that Europe had taken decisive action to save the euro by rescuing Ireland and laying the foundations of a permanent debt resolution system, but investors were not convinced. Under pressure to arrest the threat …
Negotiators for the Irish government and the European Union put the finishing touches on an €85 billion [$113 billion] bailout for the beleaguered country over the weekend. The agreement follows Ireland’s somewhat reluctant acceptance that the situation with its banks …
Cooper Gay, the UK-based independent global wholesale broker, which combined with Swett & Crawford in July, has restructured its London based marine and energy reinsurance team to target continuing growth in market share. Steven Herbert has been made Head of …
Aon Benfield’s London office announced the launch of its new Solvency II-focused version 5 of ReMetrica, its dynamic financial analysis tool for capital modeling. ReMetrica has evolved to help re/insurers meet the proposed regulatory requirements under Solvency II and to …
