Guy Carpenter & Company announced the appointment of Carlos Abrantes as Senior Vice President of Iberian operations. He will be based in Lisbon, and will be responsible for developing the firm’s Portuguese business and local service capabilities in the Iberian …
Swiss Re announced that it has obtained $100 million of protection against earthquake risk in Turkey, Greece, Israel, Portugal and Cyprus through a securitization – the first time the capital markets have been tapped to cover this type of risk …
One of the added advantages of being a global company is the ability to market a global brand name. Last year the Zurich Financial Services Group launched a new a clever slogan – “Because Change Happenz.” Now the company is …
Warning that “European businesses face uninsurable environmental impairment risks,” the Federation of European Risk Management Associations (FERMA) called on insurers to be less “risk averse.” It urged members to “develop products that will allow businesses to protect themselves against new …
The ACE Group of Companies announced the appointment of Roberto Hidalgo as President and CEO of ACE Argentina and ACE Chile, effective February 1, 2007. He will leave his current post as President and CEO of ACE Puerto Rico to …
The Bermuda-based Catlin Group Limited announced plans to establish four new European offices in early 2007 in Paris, Barcelona, Zurich and Innsbruck. “The new locations will build on Catlin’s strategy to open offices in key cities worldwide to access business …
Hiscox plc, a leading specialist insurer, has opened two new European offices – one in Sweden and another in Portugal – as part of its commiment to further European development. “The offices in Stockholm and Lisbon will target high-net-worth consumers …
Zurich Financial Services Group has appointed António Bico (53) as the CEO) of Zurich in Portugal effective April 1, 2007. He will report to Theo Bouts, COO Europe General Insurance, and be part of the extended Europe General Insurance Executive …
In one of the most somber assessments yet of the consequences of global warming, scientists at the U.K.’s University of Bristol (http://www.bris.ac.uk.) warned: “As temperatures rise with global warming, an increased risk of forest fires, droughts and flooding is predicted …
Utah agent charged with pocketing premiums Ryan Webb, a Salt Lake County, Utah, insurance agent, was charged with insurance fraud, a second degree felony, unlawful dealing by a fiduciary, a second degree felony, theft by deception, a second degree felony, …
