Assurex Global Struck Gold with Partners Around the World Assurex Global Year Founded: 1954 Locations: 500 offices on six continents Employees: 20,000 Annual Premium Volume: $28 billion Annual Revenue: $3.4 billion Assurex Global wasn’t fully “global” until the late 1990s, …
Peter den Dekker, corporate insurance risk manager at Dutch multi-national Stork, has been elected President of the Federation of European Risk Management Associations (FERMA). He takes over from Marie-Gemma Dequae, whose mandate came to an end after four years, following …
Lloyd’s of London has received an establishment license in Portugal. “The license will allow Lloyd’s underwriters to appoint coverholders to write establishment business in the region. Lloyd’s has now established a branch in Portugal and appointed Juan Arsuaga as Lloyd’s …
Catastrophe risk modeling firm AIR Worldwide has begun analyzing the damages wrought by winter storm Klaus, which, AIR notes, “swept out of the Atlantic and across southern France and northern Spain Saturday, tearing off roofs, toppling electrical and telephone towers, …
Standard & Poor’s Ratings Services has placed its ‘BBB+’ long-term counterparty credit and insurer financial strength ratings on Ocidental Companhia Portuguesa de Seguros de Vida, S.A., Ocidental Companhia Portuguesa de Seguros, S.A., and Companhia Portuguesa de Seguros de Saúde, S.A.–the …
Bermuda-based Endurance Specialty Holdings Ltd. announced several new leadership appointments in its international reinsurance operation servicing non-US clients. Laurent Beauregard has been appointed Senior Account Underwriter in Endurance’s Zurich office to manage accounts in Continental Europe with a focus on …
The International Chamber of Commerce (ICC) reported from its Paris office that its “ICC/Ifo global climate index in July fell for the fourth consecutive quarter in a row since sentiment became downbeat last summer, recording its lowest level since 2001. …
In a recent interview, published on the Lloyd’s web site (www.lloyds.com), Enrico Bertagna, Regional Manager for Europe, discussed Lloyd’s present and future plans to expand the London Market’s presence. Europe is a vital region for Lloyd’s and there are plans …
UK Flood Model Risk Management Solutions has released a major new upgrade to its U.K. Inland Flood Model. “The upgraded model will enable all segments of the insurance industry to drill down to a finer level of detail than ever …
The early morning earthquake that struck Market Rasen in Lincolnshire recently was literally a wake-up call for many people. (See IJ web site – https://www.insurancejournal.com/news/international/2008/02/28/87725.htm). With likely insured losses of between £15 million and £30 million, the magnitude 5.2 ‘quake …
