Willis Group Holdings Ltd., the global insurance broker, announced the appointment of Gregory Arms as executive vice president and chairman of its Global Employee Benefits Practice. He is based in New York City. Reporting to Willis Chairman and CEO, Joe …
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 …
Certain events mark each generation, but as the scope of the disaster that struck 12 countries around the Indian Ocean on Dec. 26 emerges, it has become evident that it will haunt not just the present generation, but many future …
Saudi Arabia’s largest insurance company, the government controlled National Company for Co-operative Insurance (NCCI), has launched an initial public offering with the sale of seven million shares valued at $383 million. The IPO put 70 percent of the company’s shares …
The government agency that owns the World Trade Center site said it intends to hold Saudi Arabia and nearly 100 other defendants liable for the Sept. 11, 2001, terrorist attacks that killed nearly 3,000 people and destroyed the complex. The …
Global insurance broker Willis Group Holdings Limited has prepared a timely comment on what is unfortunately a growth industry -kidnapping and hostage taking – particularly “among militant Islamic groups against citizens of the West.” “The challenge for Western companies with …
As part of its ongoing economic reforms the government of Saudi Arabia announced plans to sell shares in one of the Arab world’s largest insurance companies, the National Company for Cooperative Insurance (NCCI). The move forms part of a plan …
U.S. officials and insurance companies representing Sept. 11 victims are locked in an unusual legal standoff, stemming from the government’s refusal to admit it has the alleged mastermind of the attacks in custody. The insurance companies want the Justice Department …
Two years later, fate of the historic act remains unknown If a camel is a “horse made by a committee” then the Terrorism Risk Insurance Act (TRIA), passed by Congress in November 2002, is a law made by several committees. …
The Association of Trial Lawyers of America (ATLA) demanded a retraction and an apology from American Insurance Group CEO Maurice “Hank” Greenberg for calling them “terrorist trial lawyers” in a speech in Boston on Feb. 24, 2004. The attorney’s group …
