South Africa News

Bessis Joins Integro’s London Office

Integro Ltd. announced the addition of Guy Bessis as Managing Principal with the firm’s newly established international insurance and reinsurance unit in London. He will focus on developing business from Continental Europe and South Africa as well as developing Integro’s …

Rugby World Cup Highlights Role of ‘Bonus Insurance’

The mighty All Blacks are out; France the host nation is gone, and so is Australia, another pre-tournament favorite, as well as the surprising Pumas from Argentina. Current champions England will face 1995 winner South Africa next Saturday in the …

Flagstone Re in ‘Technical Underwriting Agreement’ with Imperial Re

Flagstone Reassurance Suisse SA, a wholly owned subsidiary of Bermuda-based Flagstone Reinsurance Holdings Limited, announced it has entered into a Technical Underwriting Agreement with Imperial Reinsurance Company Limited. Flagstone indicated that in support of the agreement the Company would “provide …

Lloyd’s Comments on Rugby World Cup Insurance Coverage

Even though the U.S. has a team – The Eagles – in the finals of the Rugby World Cup, the event doesn’t exactly get the same press coverage as the Super Bowl or the World Series. Nonetheless for the 20 …

Lloyd’s Donates $110,000 to International Alert Peace Fund

Lloyd’s Charities Trust announced that it plans to donate £50,000 ($110,000) to “a unique fund set up by International Alert to aid companies operating in conflict areas around the world.” The organization is in the process of developing a “Business …

South Africa’s SA Eagle to Operate Under Zurich Brand

Zurich Financial Services Group (Zurich) has announced that its majority-owned South African business, SA Eagle, will operate under the global Zurich brand and the registered name Zurich Insurance Company South Africa Limited. Zurich says the move demonstrates its commitment to …

Hemingway Named Retirement Practice Leader of Aon Consulting U.S.

Aon Consulting, the human capital consulting organization of Aon Corp., recently announced the appointment of Cecil Hemingway as Retirement Practice leader of Aon Consulting U.S. Hemingway will succeed Chris Bone, who announced his intention earlier this year to retire. Hemingway …

CSFI Report Finds Regulatory Burdens Top List of Industry Concerns

“Too much regulation” tops the list of industry concerns according to a recent survey compiled by the Centre for the Study of Financial Innovation (CSFI) in association with PricewaterhouseCoopers LLP. The “Banana Skins” survey has analyzed the banking industry’s main …

People and Places

Markel Insurance Co. named Thomas K. “Smitty” Smith vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond, Va., branch of Riggs, Counselman, Michaels & Downes, which he established. AIR …

People

Markel Insurance Co. named Thomas K. “Smitty” Smith vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond, Va., branch of Riggs, Counselman, Michaels & Downes, which he established. AIR …