A London-based insurance broker has been jailed after admitting making or authorizing corrupt payments worth almost $2 million to officials in the Costa Rican state insurance company and national electricity and telecommunications provider. Britain’s Serious Fraud Office said Tuesday that …
UK-based specialist independent insurance and reinsurance broker Miller announced further expansion of its facultative reinsurance team with the appointment of James Lyndon-Stanford. He is a specialist in the facultative reinsurance of power generation and distribution risks. He will be based …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus Insurance (UK) Limited, Torus Specialty Insurance Company and Torus National Insurance …
Brit Insurance Holdings NV has accepted an offer to be made by Achilles, an investment vehicle under formation in the Netherlands, for the acquisition of the company’s shares. Brit, a Lloyd’s insurer, is domiciled in the Netherlands with its main …
Skip Cooper, president of AmWINS, has been appointed as CEO of Colemont Global Group Limited (CGGL) and Colemont Insurance Brokers Limited (CIBL), announced the AmWins Group Inc. Jeremy Underwood, currently non-executive director of CIBL, has also returned to CIBL on …
Swiss Re has issued a bulletin noting that it is “well placed for the upcoming 2011 renewal negotiations with its European clients.” The talks, which begin this week in the German resort of Baden-Baden, bring together brokers and reinsurers (and …
Catlin Re Switzerland, the European reinsurance company currently being formed by Catlin Group Limited, headquartered in Zurich, has announced two additions to its underwriting staff. Christophe Chandler, currently a Class Underwriter specializing in property reinsurance for Catlin Bermuda, has been …
Willis Group Holdings announced that it has secured the biggest office letting in Birmingham’s Jewellery Quarter this year at the landmark 40 St. Paul’s Place. Willis Group Chairman and CEO Joe Plumeri officiated at the opening ceremonies yesterday. Willis noted …
An insurer for the doctor charged in Michael Jackson’s death has asked a judge to rule that it is not responsible for the physician’s legal bills in two high-profile court cases and fights to retain his medical license. Medicus Insurance …
Willis Re, the reinsurance advisor and part of Willis Group Holdings, announced that it has merged its teams handling Continental European and UK-based property and casualty business into an expanded European unit and is establishing a new Specialty Casualty Practice …
