HCC Credit Group (HCC Credit) announced that Brian E. Duffy, Carl R. Nederman and Mark P. Rickert would be joining the company as senior vice presidents from Trade Underwriters Agency (TUA), an underwriting agency they founded in 1993. The three …
HCC Insurance Holdings Inc. announced that anticipated claims from Hurricane Katrina are expected to result in the company’s largest gross loss in its history, estimated at $160 million arising from aviation, onshore and offshore energy, property, marine and other specialty …
Germany’s Allianz AG announced an offer to shareholders of Riunione Adriatica di Sicurtà (RAS) S.p.A for the approximately 45 percent of the shares it doesn’t already own. At 19 euros ($23.35) per share that makes the offer worth around 5.7 …
Extreme Weather Hits Europe: Devastating wild fires in Portugal; torrential rains in Switzerland, Austria, Germany and Romania; drought in much of France. There seems to be no end to the list of extreme weather conditions that have hit Europe in …
Extreme Weather Hits Europe: Devastating wild fires in Portugal; torrential rains in Switzerland, Austria, Germany and Romania; drought in much of France. There seems to be no end to the list of extreme weather conditions that have hit Europe in …
Devastating fires in Portugal; torrential rains in Switzerland, Austria and Romania; drought in much of France – the list of extreme weather conditions continues to grow in Europe. No contrast is more vivid than scenes of uncontrolled forest fires raging …
Former Senior Vice President Johannes (Johs) Worsoe, head of global markets, chairman and CEO of UnionBanc Investment Services, LLC, and chairman and CEO of UBOC Insurance Inc., has been promoted to executive vice president for Los Angeles-based Union Bank of …
AEGON-CNOOC Life Insurance Company Ltd., the 50/50 joint venture of AEGON with China National Offshore Oil Corporation (CNOOC), has signed national cooperation agreements with two leading banks in the People’s Republic of China: the Industrial and Commercial Bank of China …
Luke Nolan Luke J. Nolan Jr., director of Aon Construction Services Group, was elected president of the Dallas/Fort Worth chapter of the Construction Financial Management Association (CFMA). His election marks the first time in the association’s 20-year history an insurance …
Troy Key Luke J. Nolan Jr., director of Aon Construction Services Group, was elected president of the Dallas/Fort Worth chapter of the Construction Financial Management Association (CFMA). His election marks the first time in the association’s 20-year history an insurance …
