AmWINS Group, Inc., a national wholesale insurance broker based in Charlotte, N.C., reports it has acquired London American General Agency, Inc. Based in San Diego, California, London American is a managing general agent and program underwriter for the commercial transportation …
Hundreds of new insurance initiatives, including green building credits, drought-protection in developing countries and incentives for investing in renewable energy and carbon emissions trading are being offered to tackle climate change and rising weather-related losses in the U.S. and globally, …
Non-U.S. reinsurers would no longer have to post collateral to operate in New York as long as they have the highest credit ratings. Also, all reinsurers — even U.S.-based — without the highest credit ratings would have to post collateral …
The Market Reform Group (MRG), which directs the efforts of Lloyd’s and the London insurance market to move from paper to electronic processing, has issued its latest bulletin. It focuses on the committee’s efforts to get the Lloyd’s market to …
As of October first “ACE European Markets Insurance Limited and ACE European Markets Reinsurance Limited will trade under the business name of ACE Bermuda International (ABI),” said a bulletin on the ACE web site. “In addition, the legal company names …
Marsh announced from London that it has appointed Chris Houston as a Senior Consultant in its Property Risk Consulting team. He will provide property risk consulting services to clients in the London area and south of England. Houston joins Marsh …
Colemont Insurance Brokers recently announced the addition of Paul Long as its new vice president and broker in the Chicago office. Long specializes in property and inland/ocean marine insurance. Long brings over 20 years of experience to this his new …
Hiscox launched its U.S.-based Hiscox Global Markets, a division that underwrites internationally traded business via the Lloyd’s insurance market, and specialist retail business around the world. “The United States already delivers over 40 percent of the premium income for the …
Risk Management Solutions (RMS) has released an impact study of the potential losses from a windstorm of the force and velocity of the one that hit Southern England and Northern France in 1987, if it occurred today. The storm struck …
Bermuda-based Ironshore Inc. announced that Ronald A. Sandler has been elected to its Board of Directors. He brings “many years of global financial services experience” to Ironshore from the London insurance market, where he served as Chief Executive Officer of …
