August 20, 2010
The Excess and Surplus Lines segment of Argo Group International Holdings, Ltd. has appointed Michael Fleischer as E&S segment chief underwriting officer. Fleischer will work closely with E&S segment businesses Colony, Argo Pro and Argo Specialty to help maximize profitability …
August 19, 2010
Checks on a Japanese oil tanker, damaged by a mystery explosion near the Strait of Hormuz oil shipping route, found a soot-like substance in a large dent in its hull, the Transport Ministry in Tokyo said on Wednesday. (See IJ …
August 18, 2010
Marsh’s London office announced the promotion of Richard Waterer to the newly created role of Head of Operational Risk for Marsh Risk Consulting (MRC) in the UK. He will report to Jeff Colburn, UK MRC Leader. Waterer will be responsible …
August 17, 2010
Lloyd’s electronic Exchange has been in development for nearly two years, but it’s now increasingly a tool in more general use. A bulletin on the Lloyd’s web site (www.lloyds.com) states that the Exchange is already “seeing encouraging results, but the …
August 17, 2010
AXIS Global Accident & Health, a division of AXIS Capital Holdings Limited, announced that Giles Allen has been named Senior Vice President, International Accident & Health Insurance Operations. He is based in London, where he will manage the division’s international …
August 17, 2010
Extreme weather in 2010 will spur more strident calls for action to combat global warming but is unlikely to break a deadlock at U.N. climate talks about sharing the burden between rich and poor. Islamabad, for instance, has blamed mankind’s …
August 16, 2010
ACE Limited announced from its headquarters in Zurich that John Keogh, currently the Insurance Chairman of the group’s Overseas General division, has been named to the additional position of Vice Chairman, ACE Limited and ACE Group Holdings. His responsibilities encompass …
August 16, 2010
Arthur J. Gallagher, Specialised Broking Chicago-based global insurance brokerage firm Arthur J. Gallagher & Co. has acquired the remaining 60 percent equity interest in Specialised Broking Associates Pty. Ltd, (SBA) headquartered in Perth, Western Australia. Terms of the transaction were …
August 16, 2010
Arthur J. Gallagher, Specialised Broking Chicago-based global insurance brokerage firm Arthur J. Gallagher & Co. has acquired the remaining 60 percent equity interest in Specialised Broking Associates Pty. Ltd, (SBA) headquartered in Perth, Western Australia. Terms of the transaction were …
August 13, 2010
The potential for a global double dip recession and its impact on trade in Europe, top the list of risks facing businesses according to new research conducted by the Economist Intelligence Unit (EIU) and co-sponsored by ACE. “Recession also creates …