November 16, 2007
Standard & Poor’s Ratings Services has published “How Middle East Non-Life Insurers Are Developing From A Rating Perspective: A Comparison With The U.K..” S&P initially stated: “Middle East non-life insurers are generally rated lower than their U.K. counterparts, and in …
November 16, 2007
An apparent tornado touched down Wednesday night west of Chattanooga, Tenn., damaging buildings and causing minor injuries to at least nine people, including three children. Tornadoes must be confirmed by the National Weather Service, but the Tennessee Highway Patrol and …
November 15, 2007
Insurance rates for marine coverages dropped 2 percent in the third quarter 2007, according to the WaveLine Survey, an online survey sponsored by LIG Marine Managers. The survey compiles responses from the top marine and longshore agents, brokers and carriers …
November 14, 2007
Marsh’s London office has issued a detailed bulletin following the outbreak of the H5N1 avian influenza virus in Suffolk. The report recounts what is known about avian flu, and what the potential impact of a major outbreak of the disease …
November 14, 2007
Lockton International announced the appointment of Duncan Urquhart as Managing Director for their International Construction team. He will be based in the London office and joins Lockton from Oxygen, where he was Head of the Construction and Power team. Prior …
November 13, 2007
Marsh announced from its London office that Mike Melling has been named as the new CEO of its Consumer Practice in Europe, the Middle East and Africa (EMEA). He will also be a member of the EMEA Operating Committee, and …
November 13, 2007
Willis Group Holdings has released an alert from the Company’s Financial Institutions (FI) practice, which looks at the meltdown in the U.S. subprime mortgage industry, which it notes is an “issue that has dramatically impacted individuals and financial institutions around …
November 12, 2007
Louisiana’s taxpayer-backed property insurance company will seek a new broker for reinsurance coverage because its current broker failed to disclose that it hired a daughter of the insurer’s embattled former chief executive. The board of Louisiana Citizens Property Insurance Corp. …
November 12, 2007
On Sunday, Nov. 11, a delegation led by the Queen honored Great Britain’s “Glorious Dead” at the annual Remembrance Day ceremonies around the Cenotaph in Whitehall. On Friday Nov. 9 Lloyd’s held its annual remembrance service with an address by …
November 9, 2007
The eastern coast of the U.K. and The coastal regions of the Netherlands are beginning to breathe sighs of relief as the highest tides in more than a decade – 1.5 meters (approximately 4.65 feet) above normal high tide levels …