A new report from Standard & Poor’s Equity Research – European Investment Outlook – Riding A Wave Of Volatility – foresees the volume of mergers and acquisition in Europe exceeding the €1.3 trillion [$1.7 trillion] generated by the end of …
The Bermuda-based Catlin Group Limited announced plans to establish four new European offices in early 2007 in Paris, Barcelona, Zurich and Innsbruck. “The new locations will build on Catlin’s strategy to open offices in key cities worldwide to access business …
A.M. Best Co. announced that it has placed the financial strength rating of “A” (Excellent) of Spanish insurer and reinsurer Mapfre Empresas Compania de Seguros y Reaseguros S.A. “under review with negative implications.” Best said the rating action reflects its …
HCC Insurance Holdings Inc. reported that Walter J. Lack has resigned from the company’s Board of Directors for personal reasons. HCC is an international insurance holding company and a leading specialty insurance group since 1974, based in Houston, Texas, with …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a” of London-based W.R. Berkley Insurance (Europe) Limited (WRBIEL) with a stable outlook. Best said that it its opinion “WRBIEL’s stand-alone …
The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J. Wilson, currently president …
The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J. Wilson, currently president …
Chicago-based Aon Corporation announced the appointment of Barbara Spain as senior vice president and relationship manager, and Matt Reese as senior vice president and originator, for Aon Risk Services. Both will drive the company’s logistics industry initiatives, focusing on new …
The “hurricane season” usually causes concern in the Caribbean, the Gulf of Mexico, Florida, along the western Atlantic seaboard and Bermuda. However, this year residents of those areas are beginning to breathe easier, as something very odd is happening to …
ACE Europe announced the appointment of Iain McConnachie to the position of Direct Marketing Director for Europe within its Accident & Health division. He joins ACE’s European operation from Time Life Direct Entertainment where he was European Managing Director. McConnachie …
