A new report from Standard & Poor’s Equity Research – European Investment Outlook – Riding A Wave Of Volatility – foresees the volume of mergers and acquisition in Europe exceeding the €1.3 trillion [$1.7 trillion] generated by the end of …
Global broker Integro announced that Cecilia Hansson has been appointed a Principal in the Management Risk Practice for the company’s recently opened Stockholm office. She has 17 years of experience in the Management Risk arena, and joins Integro from Aon …
The Benfield group, a leading independent reinsurance and risk intermediary, announced that it has acquired the entire issued share capital of Parisco AS and its subsidiary Parisco Marine AS, the Norwegian marine and energy insurance broker. “Parisco AS will become …
NASA has released a study, conducted by a team of scientists at the Jet Propulsion Laboratory in Pasadena, Calif., which concludes that a dramatic shrinkage in the Arctic ice pack has occurred recently. The data shows that “Arctic perennial sea …
Global insurance broker Willis Group Holdings Limited has entered into a contract to purchase Link Forsikringsmegling AS, described as “the leading insurance broking and employee benefit business in Oslo” with annualized revenues for 2005 of approximately $5 million. Further terms …
Standard & Poor’s Ratings Services has affirmed its “A” long-term counterparty credit and insurer financial strength ratings on Norway’s marine insurer Norwegian Hull Club (NHC or the club) with a stable outlook. “The ratings reflect the club’s very strong capitalization, …
Newark, Calif.-based Risk Management Solutions has launched “a fundamentally new platform for quantifying wind-related risk in 12 European countries,” said the announcement. “Meteorological modeling has been extended to include a comprehensive suite of wind events enabling loss calculations both from …
Global broker Willis Group Holdings has been named the “2006 European Commercial Broker of the Year” for the second consecutive year. The award was presented as part of the annual European Risk Management Awards conducted by StrategicRISK. It’s determined by …
Standard & Poor’s Ratings Services announced that it has placed its “BBB” long-term counterparty credit and insurer financial strength ratings on Oslo-based non-life insurer NEMI Forsikring ASA (NEMI – formerly Norway Energy & Marine Insurance ASA) on CreditWatch with negative …
In a recently issued bulletin Lloyd’s said it has “reaffirmed its position as the world’s leading specialist insurer with new figures that reveal the global spread of its business in 2005.” According to newly published figures, Lloyd’s notes that in …
