Spain News

Minimizing risks for global catastrophes

Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk managers have access to the latest information and tools …

Minimizing risks for global catastrophes

Multinational businesses face serious challenges when managing catastrophe risk Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk …

Oesterreicher Joins HCC Board of Directors

HCC Insurance Holdings Inc., headquartered in Houston, announced that James E. Oesterreicher was elected to the company’s Board of Directors.. Oesterreicher is the retired chairman of the Board of J.C. Penney Company Inc., having served as chairman of the Board …

Guy Carp Reports on European Legislative, Judicial Trends

Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies has published a report on the “Recent Legislative and Judicial Trends in Continental Europe Affecting the Casualty Insurance Industry.” The report was authored …

HCC Adds Rinicella as Senior Vice President, General Counsel

Houston-based HCC Insurance Holdings Inc. announced that Randy D. Rinicella has joined the company as senior vice president and general counsel. Rinicella has 20 years of legal experience and most recently served as vice president, general counsel and secretary of …

Zurich Launches New Ad Campaign

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 …

Best Affirms Casiopea Re ‘A-‘ Ratings

A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Luxembourg-based Casiopea Re S.A., the reinsurance captive of Spain’s Telefonica S.A., with a stable outlook. The ratings reflect Casiopea Re’s …

S&P Says Credit Insurer Atradius Ratings ‘Unaffected by Combination’

Standard & Poor’s Ratings Services said that its “ratings and outlook on Netherlands-based credit insurance group Atradius (main operating entities are rated A/Stable/–) and Spain-based credit insurer Compañía Española de Seguros y Reaseguros de Crédito y Caución S.A. (A/Stable/–) are …

HCC Elects Dickerson Chairman of the Board

HCC Insurance Holdings Inc. announced that J. Robert Dickerson has been elected as chairman of its Board of Directors and lead independent director. Dickerson, who is a retired tax attorney, is 65 years old and has served on the Board …

People

Arthur J. Gallagher & Co. in Houston added Danny Golden as vice president for its construction niche. Golden will assist in the service of existing and new clients as well as other members of the Gallagher construction niche throughout the …