France’s AXA Group has appointed Philippe Donnet to the position of AXA Group Regional CEO – based in Singapore – to oversee AXA’s principal insurance businesses in the Japan & Asia-Pacific region, effective October 1. The appointment confirms AXA’s intention …
The most powerful typhoon to hit China in five decades raged across its southeastern coast Thursday, claiming at least 83 lives as it capsized ships, destroyed buildings and forced 1.5 million people from their homes. Typhoon Saomai, with winds up …
Rusbuldt, chief executive officer of the Independent Insurance Agents and Brokers of America, needs no introduction to independent agents, insurance company executives or the power brokers in Washington, D.C., before whom he regularly champions agents’ causes and concerns, from compensation …
The World Health Organization on Monday said it was alarmed by figures showing that over 3,300 people in the Western Pacific region die daily of road traffic accidents, suicide, drowning and other injury-related deaths. According to the World Health Organization, …
The ACE Group of Companies reported the appointment of new senior managers in South Africa and New Zealand. Scott Pickering, country manager and managing director of ACE New Zealand, has been appointed chief executive officer for ACE’s new South Africa …
A.M. Best Co. has affirmed the financial strength rating (FSR) of B++ (Very Good) and assigned an issuer credit rating (ICR) of “bbb” to Malayan Insurance Company Inc. (MICO) (Philippines). The outlook on both ratings is stable. The ratings reflect …
A.M. Best Co. announced that it has affirmed the financial strength rating (FSR) of “B++” (Very Good) and assigned an issuer credit rating (ICR) of “bbb” to Malayan Insurance Company, Inc. (MICO) with a stable outlook. “The ratings reflect MICO’s …
Euler Hermes ACI, a provider of trade credit insurance and risk mitigation information, has released a special global risk analysis report from its U.S. headquarters in Maryland. The company, a subsidiary of French insurer AGF, which is in turn part …
International Power Group, Ltd. (IPWG) announced that it has signed an exclusive agreement with Marsh USA Inc. to provide insurance, brokerage and related consulting services to IPWG. “These services will be in support of IPWG’s developing waste-to-energy sites,” said the …
The London insurance market’s Joint War Committee (JWC) has rejected the shipping industry’s complaints about its designation of the Straits of Malacca as a “war risk” area (See IJ Website Aug. 15). At a meeting on Tuesday, Aug. 16, The …
