Switzerland News

Assurex Global Adds New Partners in Europe and Pacific Rim

Columbus, Ohio-based Assurex Global has added new partners in Australia, Switzerland and Austria. OAMPS Insurance Brokers, Ltd. in Australia; GWP Insurance Brokers in Switzerland; and Assurance Partners Versicherungsmakler – ­und beratung GmbH in Austria were named Assurex Global Partners. OAMPS …

Guy Carpenter, AIR Develop Earthquake Cat Model for Switzerland

Guy Carpenter & Company, Inc., Marsh Mac’s global risk and reinsurance specialist, and catastrophe risk modeler AIR Worldwide Corporation, jointly announced an initiative to develop a detailed catastrophe model focusing on earthquake exposures in Switzerland. “The fully probabilistic model will …

Zurich Board of Directors Extends CEO Schiro’s Contract through 2009

Zurich Financial Services’ Board of Directors has extended the contact of the group’s CEO James J. Schiro to December 2009. “We are pleased that James Schiro has agreed to extend his tenure,” said Manfred Gentz, Zurich’s Chairman of Board. “Now …

Three Promotions Announced by Winterthur U.S. Holdings Inc.

Three employees were recently promoted at Winterthur U.S. Holdings Inc., parent company of regional property and casualty insurers General Casualty, Sun Prairie, Wis. and Unigard, Bellevue, Wash. Geoff Barker was named assistant vice president of reinsurance management. Barker recommends coverage …

Clarke to Leave Converium’s Board

Converium announced from its headquarters in Zug, Switzerland that Terry G. Clarke will step down from its Board of Directors. Clarke took over from Dirk Lohmann as Converium’s CEO last year (See IJ Website Feb. 24, 2005), following the reinsurer’s …

Liberty Seguros Portugal in Alliance with Portuguese Insurer Acoreana

The Liberty Mutual Group announced form its Boston headquarters that its Portuguese subsidiary, Liberty Seguros Portugal, has signed a memorandum of understanding with insurer Acoreana to form a strategic alliance in the Portuguese insurance business. Liberty said that once the …

Swiss Re Names Strebel Head to Lead Latin American Unit

Swiss Re announced the appointment of Beat Strebel to head its Latin American unit. Strebel, who is based in Armonk, New York, is responsible for all of Swiss Re’s Property & Casualty and Life & Health reinsurance business in Latin …

Lloyd’s Leaders Participate in Davos Panel Discussion on Global Risks

The Lloyd’s delegation, currently attending the World Economic Forum in Davos, Switzerland, will be part of a panel discussion examining one of the “three main themes of the event -” the rise in global risks and how to manage them. …

Swiss Re Survey Finds Gap Between Assessing and Mitigating Risks

Swiss Re announced the results of a survey of top business leaders, conducted in December 2005, at the World Economic Forum’s Annual Meeting in Davos, Switzerland, which opened today. “The study found that, while risk assessment is becoming a more …

Conn. Official Wins Bias Claim

Connecticut Public Works Commissioner James Fleming has been awarded more than $146,000 in a lawsuit that accused his former employer of discriminating against him when he was a state lawmaker in the 1990s. Fleming, a longtime Republican representative and senator …