AXA UK announced that Ian Richardson will retire as Group Business Risk Director of AXA UK effective Dec. 31. He will be replaced by Ian Robinson, currently the Chief Operating Officer of HSBC Insurance Holdings. Richardson, 62, has been “Group …
London-based “paperless” trading service RI3K announced that Aon has now been expanded the use of the program to include the specialty and direct divisions as well as treaty reinsurance. The move assures that a majority of Aon’s large commercial business …
The Munich Re Group has moved three of its London market P/C core business units to one location at Plantation Place in Fenchurch Street. The goal is to “to maximize broker and client access to its insurance and reinsurance operations …
Chicago-based Hub International Limited announced that one of its subsidiaries has entered into a definitive agreement to acquire all of the stock of Totten Insurance Group Inc., a Canadian specialty insurance wholesaler that develops niche products and provides solutions for …
Willis Group Holdings announced that Shoji Ohashi has joined the international broker as the new Representative Director and Chairman of Willis Japan Holdings KK, and Yoshiki Yamamoto is the new Director and CEO of Willis Japan Holdings KK. Ohashi will …
San Diego, CA – Arrowhead General Insurance Agency’s, Inc. new Professional Liability Division joins the company’s portfolio of nationwide products by offering Accountants Professional Liability, Insurance Agents Professional Liability and Miscellaneous Professional Liability. The programs were formerly affiliated with London …
W. R. Berkley Insurance (Europe), Limited announced that it has submitted a final application to the Australian Prudential Regulatory Authority (APRA) to establish a branch office in Australia. The new unit will be headquartered in Sydney, and conduct business under …
XL Insurance, the global insurance operations of Bermuda’s XL Capital Ltd., announced the promotion of Colin Sprott and Chris Smith in its Marine and Offshore Energy division. XL named Sprott as Chief Underwriting Officer for the operation, based in London. …
A new study from the London-based F&C Asset Management Group sounds a warning to the insurance community that the effects of climate change could have devastating consequences. “The magnitude and frequency of extreme weather events such as hurricanes, floods and …
Standard & Poor’s Rating Services has issued a new report in its current series analyzing global reinsurance. The study – “Reinsurance In Latin America, Especially Brazil, Shows Growth Potential -” concludes that there are “good growth prospects” in the region, …
