The early morning earthquake that struck Market Rasen in Lincolnshire recently was literally a wake-up call for many people. (See IJ web site – https://www.insurancejournal.com/news/international/2008/02/28/87725.htm). With likely insured losses of between £15 million and £30 million, the magnitude 5.2 ‘quake …
A motorcyclist from Keene, New Hampshire is nursing broken bones after a wild turkey flew into him and knocked him off his bike during the weekend. State police said the turkey flew out of the woods and struck 62-year-old Frank …
Atlanta-based broker just keeps going and going while striving to maintain service excellence The “Energizer Bunny” of property/casualty insurance brokerages worldwide — that seems an apt description for Atlanta-based Beecher Carlson, which is ranked as the seventh-largest privately-held independent agency …
Business lobbyists from the United States will descend on the World Trade Organisation (WTO) in Geneva next week to push for favorable terms in a new trade deal, a source familiar with the visits said on Friday. The visits by …
Zurich Financial Services Group said it has completed the acquisition of 100 percent of Turkish general insurer TEB Sigorta A.S. from TEB Mali Yatirimlar A.S. (See IJ web site – https://www.insurancejournal.com/news/international/2008/01/24/86671.htm). In a separate bulletin Zurich said its subsidiary Zurich …
Millions of Floridians sweated. Restaurant owners tossed out their food. Motorists battled each other even more than usual. And all for something that should have been just a blip on the electrical grid. An equipment malfunction in a substation near …
France’s AXA Group announced that it has entered into an agreement to acquire its Turkish partner OYAK’s fifty percent share in AXA OYAK Holding A.S., a company they established jointly in 1999. AXA said it will pay a purchase price …
FERMA conference highlights growing importance of risk management in complex global business environment The insurance industry’s “traditional model” has become outdated and is so abstruse that the industry’s ability to compete is being jeopardized. European risk managers face the same …
Zurich Financial Services Group has signed an agreement to acquire 100 percent of Turkish general insurer TEB Sigorta A.S. from TEB Mali Yatirimlar A.S. Zurich said the newly acquired Company would “maintain distribution arrangements with various TEB Mali subsidiaries for …
Ian Bremmer, President of Eurasia Group, recently outlined the consulting company’s selection of the “top 9 ” particularly acute political risks around the world in the coming year. The report also listed a number of “Red Herrings,” i.e. “countries the …
