Continuing heavy rains have caused serious flooding in southern France and throughout Italy, with little letup in sight. In western England an horrendous crash on the M25 motorway in Somerset, involving 34 cars and trucks, left seven people dead and …
UK Prime Minister David Cameron announced plans to amend British law to allow UK registered vessels to employ armed guards as security, when they are transiting dangerous waters – mainly those off the coast of Somalia. Cameron’s initiative marks a …
Willis Group Holdings plc announced the appointment of Daniel Wilkinson as CEO, Willis United Kingdom & Ireland (WUKI), effective immediately. Willis also named Brendan McCafferty to the newly created post of WUKI President. Wilkinson has been with Willis for 16 …
UK-based global insurer RSA announced the appointment of Ian Hood as Group E-Business Director. He will be responsible for “driving growth and efficiency across RSA with electronic tools and systems, such as direct selling capabilities and broker self servicing options,” …
A.M. Best Europe – Ratings Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Aspen Insurance Limited (AIL) (Bermuda). Best also affirmed the …
A panel of insurance technology experts has assessed the challenges national and multinational insurers face and how IT (information technology) can best be used to achieve maximum benefit from standardization. The panel, convened at the annual Insurance Technology Congress, sponsored …
The UK-based Pioneer Underwriting Ltd, the MGA subsidiary of the independent specialist broker BMS Group, announced the appointment of Peter Coles as its new Senior Underwriter. He has 25 years of insurance experience and expertise, specializing in Personal Accident and …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited, QBE Insurance (International) Limited (Australia) and QBE Reinsurance (Europe) …
Aon Risk Solutions, the risk management business of Aon Corp., announced the appointment of Andrew Tunnicliffe to the position of chief executive officer, Aon Global Risk Consulting (AGRC), effective October1, 2011. He has more than 30 years of industry experience …
On October 3, the UK’s Financial Services Authority (FSA) announced a revision to the dates on which it plans to implement the provisions of the European Union’s Solvency II regulations governing the insurance industry, moving the date for companies back …
