Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s”— London’s financial and insurance …
Like many Californians who put down roots in earthquake country, Robin Rudisill knows the “Big One” could strike without warning. Yet from her Venice beachfront duplex, Rudisill worries about a different massive blow from Mother Nature — a tsunami. Her …
Are professional sports the next terrorist targets? The terrorist attack on Sri Lanka’s cricket team in Lahore (Pakistan) “highlights the vulnerability of sporting events to terrorist disruption,” warned Dr. Gordon Woo, terrorism risk expert at Risk Management Solutions (www.rms.com). “A …
“The terrorist attack on the Sri Lanka cricket team in Lahore [Pakistan] highlights the vulnerability of sporting events to terrorist disruption,” warned Dr. Gordon Woo, terrorism risk expert at Risk Management Solutions. “A characteristic of terrorist behavior is learning from …
Back-office firm WNS (Holdings) Ltd said it acquired insurer Aviva’s business process offshoring (BPO) business for about $228 million, a deal that will give the company $1 billion worth of outsourced work over a period of eight years. WNS also …
Zurich’s Emerging Markets Unit has provided political risk insurance for a hydroelectric power plant in Sri Lanka. “This project was developed in cooperation with the Overseas Private Investment Corporation (OPIC), which will provide financing and reinsurance for the plant,” said …
A powerful earthquake off western Indonesia triggered warnings of a potentially destructive tsunami across much of the Indian Ocean region Wednesday, meteorological agencies said. [IJ Ed. Note: Several powerful aftershocks also triggered Tsunami warnings, but as of 7:00 a.m. EDT, …
Editor’s Note: An earlier version of this article quoted Chris Palmer of Aon. Palmer is no longer with Aon, but instead is employed by CMM Entertainment. Insurance Journal regrets the error. Economic and political situations in a number of countries …
Two suspects in California have been arrested in connection with staging automobile accidents and filing insurance claims for medical treatment they falsely claimed to have received in other countries, according to the California Department of Insurance. According to investigators, Ron …
The world’s largest insurers continue to bring the threats posed by global warming/climate change home to the rest of the world, and to press for remedial action. A report earlier this week found that much of the world would probably …
