Standard & Poor’s Ratings Services will hold a telephone conference call on Thursday, May 24, at 10:00 AM Eastern Time. S&P said “the call will cover the major enhancement that will be introduced to the existing capital model based on …
Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies, announced that Charlie Fry, 35, has been appointed as Global Chief Operating Officer, effective June 4. He will be based in London and …
The London office of Marsh Inc. announced that it has established a dedicated Renewable Energy Team, to be headed by Susan K. Stokes and Tom Sexton as its co-leaders. The team will work closely with Marsh’s Global Marine & Energy …
A fire caused heavy damages to the clipper ship Cutty Sark on Monday, leaving one of London’s proudest maritime relics a blackened hulk. Firefighters responded to an alarm at 4:45 a.m. local time at the 19th-century ship’s dry dock, where …
Marsh Inc. has established a dedicated Renewable Energy Team and named Susan K. Stokes and Tom Sexton as its co-leaders. The team will work with the firm’s Global Marine and Energy Practice and the Power and Utilities Industry Practice. Stokes, …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of ACE Insurance Limited (Australia) and ACE Insurance Limited (New Zealand) with a stable outlook. Concurrently Best announced that it …
The Main Street America Group announced that Steve Berry has joined the super regional property/casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …
When high dollar art items are stolen from museums, or when internal theft of cultural property occurs, insurers must deal with specific and challenging obstacles characteristic to the relatively rare but historically recurring crimes. David Shillingford, director of marketing and …
People Patricia Smith has joined InsurBanc, a financial services provider for independent insurance agencies, as vice president of sales and business development. Smith will focus on the needs of independent agencies and develop relationships with them. Smith joins InsurBanc with …
$10 million The insurance limit of the Lloyd’s of London policy covering the smile of America Ferrara, star of the TV show “Ugly Betty.” 79.97% The independent agency system’s commercial lines market share in 2005, according the annual report from …
