Russia News

Russian Insurer NASTA to Operate under Zurich Brand Name

Zurich Financial Services Group announced that OOO NASTA Insurance Company will operate under the global Zurich brand and the name Zurich Retail Insurance Company Ltd. in line with Zurich’s global “One brand, one Zurich” strategy. Zurich acquired a majority stake …

Best Upgrades Company Ratings after Country Risk Methodology Review

A.M. Best Co. announced that it has upgraded the ratings of a nember of companies -l isted below – following a review of the application of its country risk methodology within the rating process. Best explained that as part of …

Willis Expands Global Graduate Program after China Success

Willis Group Holdings will expand its global graduate program in 2008, following the program’s “huge success” in China. The number of places available to students has risen from 14 in 2007 to 20 in 2008, which has led to a …

Willis Names Piccolomini to Head Continental Europe Operations

Willis Group Holdings announced that Flavio Piccolomini, former CEO of Willis’ Italian operations, Willis Italia Spa, has been appointed CEO for Continental Europe, including the Nordic region. He will report to Allan Gribben, CEO of Willis International and will be …

Ratings Roundup: ExCo, Moscow Re

A.M. Best Co. has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb+” of the UK’s Exchange Insurance Company Limited with a stable outlook. Best said that in its opinion “ExCo continues to maintain …

World War I Armistice Observed

On Sunday, Nov. 11, a delegation led by the Queen honored Great Britain’s “Glorious Dead” at the annual Remembrance Day ceremonies around the Cenotaph in Whitehall. On Friday Nov. 9 Lloyd’s held its annual remembrance service with an address by …

Snapshot on Russia Insurance Issued by Research & Markets

Research and Markets announced the addition of “Snapshots Russia Insurance 2007” to their offering as part of the research firm’s “Snapdata” series. Snapdata’s Snapshots Russia Insurance 2007 “provides 2005 year-end market size data, with 2006 estimates, 4 years of historical …

R&M Adds Datamonitor Global P/C Insurance Report

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 …

Prospects and pitfalls in a changing global insurance world

No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German government and city …

Prospects and pitfalls in a changing global insurance world

The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 …