Risk Management Solutions (RMS) announced the launch of “the first parametric index for assessing insured industry losses from windstorms in Europe.” The new model -” Paradex Europe Windstorm” – combines “wind speed measurements in specific locations with industry exposure data, …
Zurich Financial Services Group announced that it will expand its services for corporate customers in Norway and Denmark through the establishment of two new branches of Zurich Insurance Ireland Limited (ZIIL), its principal subsidiary for the European Union. ZIIL, which …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Taiwan’s South China Insurance Co., Ltd. with a stable outlook. “The ratings reflect South China’s profitable operating results, conservative investment …
Dublin-based Research and Markets has added “Insurance in Europe” to their offering. The study gives an industry profile, which R&M describes as “an essential resource for top-level data and analysis covering the insurance industry. It includes detailed data on market …
Marsh announced that it has appointed international risk expert Atle Farstad as Principal in its Risk Consulting Practice in London. He will be responsible for a portfolio of key large multinational client relationships. In particular, “he will integrate Marsh’s risk …
Dublin-based Research and Markets has added Datamonitor’s new report: “Global Non-life Insurance” to their offering. R&M said its “Global Non-life Insurance industry profile is an essential resource for top-level data and analysis covering the non-life insurance industry. It includes detailed …
The National Association of Professional Surplus Lines Offices selected officers and directors for the trade association’s 2007-2008 term. The new officers are: President – Mary Ellen Rozzell, Continental/Marmorstein & Malone, Paramus, N.J.; Vice President – John F. Wood III, Specialty …
The National Association of Professional Surplus Lines Offices selected officers and directors for the trade association’s 2007-2008 term. The new officers are: President – Mary Ellen Rozzell, Continental/Marmorstein & Malone, Paramus, N.J.; Vice President – John F. Wood III, Specialty …
Standard & Poor’s Ratings Services has revised its outlook on Norway’s Storebrand Livsforsikring AS (Storebrand Liv) and Storebrand ASA to negative from stable. S&P also affirmed its ‘A’ long-term counterparty credit and insurer financial strength ratings on Storebrand Liv and …
Standard & Poor’s Ratings Services has affirmed its ‘A-‘ long-term counterparty credit and insurer financial strength ratings on Norway’s non-life insurer Vesta Forsikring A/S (Vesta) with a stable outlook. S&P then announced that the ratings were withdrawn, reflecting the conversion …
