Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the costs are likely to be huge. …
Harleysville Insurance, headquartered in Harleysville, Pa., appointed Jenifer L. Rinehart as senior vice president of human resources. According to the company, she will be responsible for the design, planning and administration of all human resources and training programs for Harleysville’s …
AIG WorldSource(R), a division of the property and casualty insurance subsidiaries of American International Group, Inc. announced it is offering Accel Elite — employers’ liability coverage for U.S. companies with operations in the United Kingdom. Accel Elite provides for professional …
Aon Re Global announced the appointment of Mike Reynolds to the position of chief financial officer. He replaces former CFO Jack Roby, who passed away in March. Reynolds joined Aon in 1996, serving in senior financial positions with Aon Captive …
What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in 2005. Lloyd’s also achieved an extremely good combined ratio of 83.1 percent, compared …
AXIS Capital, Media/Pro AXIS Capital, a global specialty commercial property and casualty insurer and reinsurer, has agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing general underwriter specializing in professional liability lines of business, from Aon …
Integro Ltd. announced that Charles Waddington will join its recently formed insurance and reinsurance business unit based in London, together with Julian Samengo-Turner, Ron Whyte and Marcus Hopkins. He will take over responsibility for managing the Casualty Practice of the …
AXIS Capital, Media/Pro AXIS Capital, a global specialty commercial property and casualty insurer and reinsurer, has agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing general underwriter specializing in professional liability lines of business, from Aon …
Lloyd’s posts more than $7 billion in record pre-tax profit What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in 2005. Lloyd’s also …
A.M. Best Co. announced that Roger Sellek will be joining the rating agency as Managing Director – Global Financial Services for A.M. Best Europe in early May. He will work from Best’s London offices and will report directly to Larry …
