Oklahoma Insurance Commissioner Carroll Fisher is a big guy with a mission. In a recent conversation with the Insurance Journal, he spoke of his role as a voice for the industry within the National Association of Insurance Commissioners (NAIC), his …
Oakland-based EQECAT has been selected by the Insurance Bureau of Canada (IBC) to participate in a major industry study that will revise and redraw the Canadian CRESTA zone seismic boundaries. The study plans to use EQECAT’s WORLDCATenterpriseTM to redefine the …
California-based Risk Management Solutions (RMS) has expanded its catastrophe modeling capabilities to include windstorm risk in Ireland and Sweden, and earthquake risk in Turkey and the Philippines. The expansion brings the total number of territories in the RMS suite of …
EQECAT Inc., an ABS Consulting company, has been selected by the National Council on Compensation Insurance (NCCI) to provide the modeling of workers’ compensation catastrophe losses. The selection of EQECAT was announced at the NCCI Annual Issues Symposium, held in …
EQECAT Inc., an ABS Consulting company, has been selected by the National Council on Compensation Insurance (NCCI) to provide the modeling of workers’ compensation catastrophe losses. The selection of EQECAT was announced at the NCCI Annual Issues Symposium, held in …
Dutch financial services giant ING Group has concluded a “strategic alliance” with Greece’s Piraeus Bank which will enlarge its operations in the country, and give it a firm base for further expansion in the region. The two companies announced agreement …
Lloyd’s of London yesterday confirmed previously published reports that it would have losses exceeding $3 billion for the years 1998-99 with a projected loss in 1999 of nearly $2 billion. 2000 figures are expected to show some improvement with losses …
New York Life Insurance Company has agreed in principle with plaintiff’s attorneys wherein the company has agreed to pay all valid claims in relation to Armenian policies written by the company in the Ottoman Empire nearly a century ago. The …
Commentary By Peter van Aartrijk Jr. Come on, people, he’s personally lost $1 billion as Reliance Group’s majority shareholder. I couldn’t unearth any sorrow. Former Reliance employees are unhappy with their old CEO. Investors have been feisty since last year; …
Zurich U.S., the American subsidiary of Anglo-Swiss multinational insurer Zurich Financial Services, announced that it has placed a political risk policy in Turkey, covering $20 million worth of private placement bonds. The Zurich U.S. policy enabled a Turkish newspaper company …
