The Colorado State University storm research team cut its 2009 Atlantic hurricane season forecast Tuesday, predicting that El Nino would trim the tally to 10 tropical storms, with four becoming hurricanes. The noted forecasting team founded by pioneering storm researcher …
Aon Risk Services has appointed Mark Cracknell as CEO of Aon Marine in the UK. He leads a team of 80 based in London and other UK regions. Cracknell will be responsible for servicing marine clients both directly and through …
According to a new report from Lloyd’s of London “business leaders feel comfortable managing internal risks, such as reputation and corporate liability, but are less confident about external risks, such as currency fluctuation and cancelled orders.” The report, Risk priorities …
A U.S. health care advisory group and a London-based risk technology research firm share something in common with American International Group’s (AIG) new brand Chartis Insurance: a name. But it’s doubtful they chose the name Chartis for the same reason …
The UK’s Insurance Industry Working Group (IIWG) has published its report into the medium and long-term challenges facing the country’s insurance industry. The group was commissioned in October 2008 to look into the challenges and opportunities facing the UK’s Insurance …
Lloyd’s announced the opening of a new office in Dublin, Ireland. Lloyd’s Chairman Lord Levene, who presided at the ceremony to open the new facility, indicated that its establishment illustrates the market’s confidence in the Irish economy, despite the effects …
Willis Group Holdings announced that it has been appointed as the broker for the” largest rail construction project ever undertaken in Hong Kong by client MTR Corporation Limited (MTR), the operator of Hong Kong’s rapid transit railway system.” The Hong …
The Florida Office of Insurance Regulation (OIR) and the United Kingdom Financial Services Authority (FSA) have agreed to work together on issues that affect insurance consumers in the U.K. and the U.S. Florida Insurance Commissioner Kevin McCarty said the OIR …
Torus Insurance Holdings Limited announced the appointment of Tim Mardon as President and Chief Underwriting Officer of Torus Re with immediate effect. He will report directly to Clive Tobin, Chief Executive of Torus. Prior to joining Torus, Mardon, who has …
Too High a Cost “In terms of lives and of dollars, the cost of repealing Missouri’s helmet law simply would have been too high.” —Missouri Gov. Jay Nixon, who vetoed legislation that would have relaxed a law that requires motorcyclists …
