The World Health Organization said Wednesday the world is at the brink of a pandemic, raising its threat level as the swine flu virus spread and killed the first person outside of Mexico, a toddler in Texas. “Influenza pandemics must …
Marsh has issued an extensive bulletin, which outlines the risk and insurance implications for businesses arising from the possible pandemic of the “Swine” or “Mexican” flu. The bulletin noted that the news media had reported “confirmed cases of Swine Flu …
World governments and businesses announced new steps on Tuesday to try to slow the spread of a new strain of swine flu that has killed up to 149 people in Mexico and threatens to become a pandemic. The World Health …
Houston-based HCC Insurance Holdings Inc. (NYSE:HCC) has named Susan L. Howie to head its corporate Human Resources Department as vice president of Human Resources. Howie previously worked for HCC from 1997-2005, serving as head of the company’s Human Resources Department. …
XL Insurance, the global insurance operations of XL Capital Ltd., announced that it will offer insurance solutions to Upper Middle Market companies in Germany with an annual turnover ranging from approximately €30 million (40.48 million to €300 million ($404.8 million). …
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Atradius Credit Insurance N.V., Atradius Reinsurance Ltd., Atradius Trade Credit Insurance Inc., and Compañía Española de Seguros y Reaseguros de Crédito y Caución …
Catastrophe risk modeling firm AIR Worldwide has given its preliminary estimates of insured losses in France from winter storm Klaus of between €350 million and €700 million ($465 to $930 million). AIR noted that the “strong extratropical cyclone (ETC) made …
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, …
The most violent cyclonic storm since 1999 roared across southwest France and Northern Spain over the weekend, causing the deaths of 15 people and inflicting heavy damages on infrastructure. Four children aged from nine to 12 years were killed on …
XL Insurance announced from its office in Hartford that the Company has hired eight new field engineers for its worldwide property loss prevention services business, XL Global Asset Protection Services (XL GAPS). “The new risk engineers will meet the global …
