Complacency at BP, as well as at Transocean Ltd and Halliburton, led to serious missteps prior to the rig explosion that unleashed millions of barrels of oil into the Gulf of Mexico over the summer, the heads of the White …
Professional services company Towers Watson will buy insurance consulting and software company EMB to expand its offerings to property and casualty insurance clients, the companies said Wednesday. Terms were not disclosed. London-based EMB provides property/casualty actuarial software and consulting services …
Managing general agency and surplus lines wholesaler, U.S. Risk Insurance Group Inc., has named Elizabeth Wafer an associate broker working with Ann Meyer, senior broker, in the Houston, Texas, office. Wafer brings with her 22 years experience in wholesale brokerage …
Cooper Gay is moving ahead with plans for U.S. expansion following its recent amalgamation with Swett & Crawford. The broker announced the appointment of Galen Brislane, a U.S. casualty specialist, to focus on “supporting its US operations to target North …
While extreme weather events on earth continue to cause a lot of damage and loss of lives, a “much larger global threat is on the horizon, warns a new study in Lloyd’s 360 series – “Space weather and its impact …
Bermuda-based Validus Holdings reported net income of $238.5 million, or $2.08 per diluted common share for the three months ended September 30, 2010, compared with net income of $499.2 million, or $5.21 per diluted common share, for the three months …
Lloyd’s announced that it will open a representative office in Russia next year. The bulletin indicated that a “dedicated country manager will enable Lloyd’s to better understand and explore opportunities in the Russian market; however the office will not be …
Qantas Airways suspended flights of its Airbus A380 fleet on Thursday after engine failure triggered an emergency landing in Singapore, one of the most serious incidents for the world’s largest passenger plane in three years of commercial flight. The Airbus …
Bermuda-based Alterra Capital Holdings Limited reported net income of $82.8 million, or $0.70 per diluted share, for the third quarter of 2010, compared to net income of $95.3 million, or $1.64 per diluted share, for the same quarter of 2009. …
The Lloyd’s of London Branch of The Royal British Legion is hoping to raise £150,000 [app. $242,000] for this year’s Poppy Appeal on London Poppy Day, Thursday the 4th of November, “London Poppy Day is now an annual fundraising initiative, …
