Insurance Journal » international http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Thu, 23 May 2013 20:03:37 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 XL Group to Offer Shariah Complaint Insurance Coverage http://www.insurancejournal.com/news/international/2013/05/08/291306.htm Wed, 08 May 2013 16:50:14 +0000 http://www.insurancejournal.com/?p=291306 XL Group has launched Shariah compliant insurance cover for large corporate and middle market clients. Initially it will focus on property cover, with a maximum capacity of up to $300 million. The coveragevfinacntargets markets worldwide, with the exception of the …

The article XL Group to Offer Shariah Complaint Insurance Coverage appeared first on Insurance Journal.

]]> ACE International Expands Travel Risk Coverage to Renewable Energy Industry http://www.insurancejournal.com/news/international/2013/04/23/289480.htm Tue, 23 Apr 2013 16:23:44 +0000 http://www.insurancejournal.com/?p=289480 ACE Commercial Risk Services, the U.S.-based small business insurance division of the ACE Group, has added additional capability enhancements to its portal www.ACEAdvantage.NET, the Internet-based rating system of its ACE International Advantage® division. The portal now includes international trip/travel coverage …

The article ACE International Expands Travel Risk Coverage to Renewable Energy Industry appeared first on Insurance Journal.

]]> Marsh Creates Large, Mid-Size Corporate Division in UK & Ireland http://www.insurancejournal.com/news/international/2013/03/07/284017.htm Thu, 07 Mar 2013 17:37:16 +0000 http://www.insurancejournal.com/?p=284017 Marsh has announced a new corporate division within its UK & Ireland business. Bringing together its National Corporate and Risk Management Practices across the region as well as Marsh Risk Consulting, the corporate division will serve mid-size and large corporates …

The article Marsh Creates Large, Mid-Size Corporate Division in UK & Ireland appeared first on Insurance Journal.

]]> Argo Group Establishes New Sidecar, Harambee Re http://www.insurancejournal.com/news/international/2013/01/08/276642.htm Tue, 08 Jan 2013 17:54:05 +0000 http://www.insurancejournal.com/?p=276642 Argo Group International Holdings, Ltd. has established Harambee Re 2013-1 Ltd for the 2013 accident year. This is the first sidecar established by Argo Group. Unlike other sidecars, which typically write either reinsurance or retrocession business, Harambee Re will support …

The article Argo Group Establishes New Sidecar, Harambee Re appeared first on Insurance Journal.

]]> Allied World Europe Expands Primary Professional Liability Product Suite http://www.insurancejournal.com/news/international/2012/11/20/271281.htm Tue, 20 Nov 2012 20:30:17 +0000 http://www.insurancejournal.com/?p=271281 Allied World Europe has enhanced its suite of professional liability products to include primary capabilities. The new offering, Allied World Secure, consists of five products which cover a range of primary and excess liabilities, including Allied World Secure Warranty & …

The article Allied World Europe Expands Primary Professional Liability Product Suite appeared first on Insurance Journal.

]]> Argo International’s Lloyd’s Syndicate Adds Casualty Treaty Reinsurance Class http://www.insurancejournal.com/news/international/2012/10/24/267807.htm Wed, 24 Oct 2012 16:14:13 +0000 http://www.insurancejournal.com/?p=267807 Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products, will expand its offerings in the international casualty marketplace to include treaty reinsurance business written through Lloyd’s of London. This new capability adds to Argo Group’s …

The article Argo International’s Lloyd’s Syndicate Adds Casualty Treaty Reinsurance Class appeared first on Insurance Journal.

]]> Best Affirms Sirius International Group’s Ratings; Outlook Stable http://www.insurancejournal.com/news/international/2012/10/08/265876.htm Mon, 08 Oct 2012 10:04:35 +0000 http://www.insurancejournal.com/?p=265876 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Sweden’s Sirius International Insurance Corporation (publ). Best also affirmed the ICR of “bbb” and …

The article Best Affirms Sirius International Group’s Ratings; Outlook Stable appeared first on Insurance Journal.

]]> Allied World Europe Launches Corporate Property Line of Business http://www.insurancejournal.com/news/international/2012/10/01/264868.htm Mon, 01 Oct 2012 10:00:10 +0000 http://www.insurancejournal.com/?p=264868 Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled companies writing lead, co-insured and layered programs. Richard Nathan, Vice President, European Corporate Property Manager, will oversee the line of …

The article Allied World Europe Launches Corporate Property Line of Business appeared first on Insurance Journal.

]]> Mapfre to Provide Travel Insurance to African Airline Passengers http://www.insurancejournal.com/news/international/2012/09/11/262690.htm Tue, 11 Sep 2012 16:53:18 +0000 http://www.insurancejournal.com/?p=262690 International insurer Mapfre Assistance has agreed to provide travel insurance to all passengers of ASKY Airlines. The airline, with headquarters in Lomé (Togo), operates in Western and Central Africa and it has forecast that it will serve a half million …

The article Mapfre to Provide Travel Insurance to African Airline Passengers appeared first on Insurance Journal.

]]> ACE USA Expands International Advantage Coverage http://www.insurancejournal.com/news/international/2012/06/26/252999.htm Tue, 26 Jun 2012 16:49:08 +0000 http://www.insurancejournal.com/?p=252999 ACE USA has expanded its International Advantage product to offer enhanced coverages for the risks faced by professional services employees doing business overseas. Three foreign package offerings designed for accountants & lawyers, business consultants, and architects & engineers are designed …

The article ACE USA Expands International Advantage Coverage appeared first on Insurance Journal.

]]> ACE Appoints Page Division President for Int’l. Personal & Business Operations http://www.insurancejournal.com/news/international/2012/06/21/252399.htm Thu, 21 Jun 2012 09:59:36 +0000 http://www.insurancejournal.com/?p=252399 The ACE Group announced that Darryl Page has been named Division President, International Personal and Business Insurance. He will lead ACE’s personal lines and small and mid-size commercial insurance operations in Asia Pacific and Japan, Latin America, and Europe, the Middle …

The article ACE Appoints Page Division President for Int’l. Personal & Business Operations appeared first on Insurance Journal.

]]> Starr Companies Appoint Childs CFO for International Operations http://www.insurancejournal.com/news/international/2012/06/19/252128.htm Tue, 19 Jun 2012 14:24:29 +0000 http://www.insurancejournal.com/?p=252128 Starr Companies announced the appointment of Nigel Childs as Chief Financial Officer for the company’s foreign operations.  He will be responsible for the financial planning and reporting for Starr’s growing international insurance operations. Childs will report directly to Ed Navarro, Chief …

The article Starr Companies Appoint Childs CFO for International Operations appeared first on Insurance Journal.

]]> CPCU Society Names Nadeem as First International Ambassador http://www.insurancejournal.com/news/international/2012/06/13/251148.htm Wed, 13 Jun 2012 10:40:35 +0000 http://www.insurancejournal.com/?p=251148 The CPCU Society has named Shahid Nadeem as its first international ambassador. He will attend the CPCU Society Annual Meeting and Seminars in Washington, D.C., September 8-11, 2012. Nadeem works at “Gulf General Cooperative Insurance Company as an underwriting manager …

The article CPCU Society Names Nadeem as First International Ambassador appeared first on Insurance Journal.

]]> Olympic Travel Leads to Surge in Travel Insurance Sales http://www.insurancejournal.com/news/international/2012/06/04/249984.htm Mon, 04 Jun 2012 16:48:28 +0000 http://www.insurancejournal.com/?p=249984 The 2012 Summer Olympics have provided a welcome boost for airlines, hotels and other travel suppliers that will benefit from an expected jump of more than 30 percent in the number of global travelers going to London compared to the …

The article Olympic Travel Leads to Surge in Travel Insurance Sales appeared first on Insurance Journal.

]]> ACE USA Enhances International Casualty Coverage http://www.insurancejournal.com/news/international/2012/05/25/248966.htm Fri, 25 May 2012 16:12:10 +0000 http://www.insurancejournal.com/?p=248966 ACE USA, the U.S.-based retail operations of the ACE Group, has enhanced its international casualty coverage, ACE ATLAS CMP. The coverage is specifically designed to provide coverage for U.S.-based multinational organizations with complex exposures in targeted industries, including construction, energy, …

The article ACE USA Enhances International Casualty Coverage appeared first on Insurance Journal.

]]> Fireman’s Fund, Allianz Global Expand Entertainment Division into Canada http://www.insurancejournal.com/news/international/2012/04/11/242969.htm Wed, 11 Apr 2012 16:20:39 +0000 http://www.insurancejournal.com/?p=242969 Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty, an Allianz affiliate company in Canada, has added an underwriting team to further expand its entertainment division and capabilities in North America. Led by Lynne Pepper, an entertainment …

The article Fireman’s Fund, Allianz Global Expand Entertainment Division into Canada appeared first on Insurance Journal.

]]> Aon Benfield, Build Assure Launch Latent Defects Product for Builders Federation http://www.insurancejournal.com/news/international/2012/03/20/240123.htm Tue, 20 Mar 2012 16:18:57 +0000 http://www.insurancejournal.com/?p=240123 Build Assure, a trading name of the National Register of Warranted Builders, a subsidiary of the Federation of Master Builders (FMB), has launched a new insurance product to protect its members and general developers against financial loss arising from latent …

The article Aon Benfield, Build Assure Launch Latent Defects Product for Builders Federation appeared first on Insurance Journal.

]]> Willis Re Appoints Melia as CEO Willis Re International http://www.insurancejournal.com/news/international/2012/02/13/235220.htm Mon, 13 Feb 2012 18:13:47 +0000 http://www.insurancejournal.com/?p=235220 Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Tony Melia as CEO of Willis Re International, effective immediately. He has been with Willis Re since 1988, and will lead the International Business Unit, which covers …

The article Willis Re Appoints Melia as CEO Willis Re International appeared first on Insurance Journal.

]]> Beazley Simplifies D&O Purchases for U.S. Multinational Companies http://www.insurancejournal.com/news/national/2012/02/08/234752.htm Wed, 08 Feb 2012 19:26:52 +0000 http://www.insurancejournal.com/?p=234752 Beazley Group plc has introduced Beazley Bridge, a product that will allow U.S. multinational companies to cover executives outside the country through a single contract. The single policy will protect directors and officers in all territories where Lloyd’s is licensed, …

The article Beazley Simplifies D&O Purchases for U.S. Multinational Companies appeared first on Insurance Journal.

]]> Lloyds TSB Adds Travel Disruption Insurance http://www.insurancejournal.com/news/international/2012/02/06/234246.htm Mon, 06 Feb 2012 14:51:34 +0000 http://www.insurancejournal.com/?p=234246 All Lloyds TSB silver, gold, platinum and premier customers will be automatically covered for disruptions to their travel as part of the company’s travel insurance policy. The company added this policy at the beginning of February. The bank says this …

The article Lloyds TSB Adds Travel Disruption Insurance appeared first on Insurance Journal.

]]> Chubb System Helps Expedite Clinical Trials in China and Brazil http://www.insurancejournal.com/news/international/2012/02/01/233596.htm Wed, 01 Feb 2012 17:26:56 +0000 http://www.insurancejournal.com/?p=233596 An online system from Chubb Group of Insurance Cos. can now be used to instantly obtain specimen policy language for trials in many countries where ethics committees require the review of insurance contract terms and conditions. Life sciences companies can …

The article Chubb System Helps Expedite Clinical Trials in China and Brazil appeared first on Insurance Journal.

]]> Markel Enters Germany Through Joint Venture with Anglo Underwriting http://www.insurancejournal.com/news/international/2012/01/23/232312.htm Mon, 23 Jan 2012 16:58:14 +0000 http://www.insurancejournal.com/?p=232312 Markel International has made a move to start writing business in Germany through a joint venture with Anglo Underwriting. With Markel’s support, Anglo’s primary focus will be to increase opportunities in specialty and private lines. As part of the focus on …

The article Markel Enters Germany Through Joint Venture with Anglo Underwriting appeared first on Insurance Journal.

]]> Starr Expands Offerings Through Acquisition http://www.insurancejournal.com/news/international/2011/12/20/228136.htm Tue, 20 Dec 2011 14:53:13 +0000 http://www.insurancejournal.com/?p=228136 Starr International Co. has acquired Assist-Card International Holdings S.A. and expanded its offerings to include travel and emergency assistant services. Assist-Card provides these travel services to more than 7 million people through a network of providers spanning 107 countries. “This …

The article Starr Expands Offerings Through Acquisition appeared first on Insurance Journal.

]]> OPIC Offers New Political Risk Insurance http://www.insurancejournal.com/news/national/2011/12/19/227952.htm Mon, 19 Dec 2011 13:36:37 +0000 http://www.insurancejournal.com/?p=227952 The Overseas Private Investment Corp. (OPIC) has arranged new political risk insurance for private equity fund investments in emerging markets. OPIC, the U.S. government’s development finance institution, sees investor prospect growing much faster in the emerging markets than developed markets …

The article OPIC Offers New Political Risk Insurance appeared first on Insurance Journal.

]]> Willis Strengthens So. Africa Role with Pickering Appointment http://www.insurancejournal.com/news/international/2011/12/05/226197.htm Mon, 05 Dec 2011 11:25:37 +0000 http://www.insurancejournal.com/?p=226197 Willis Group Holdings announced the appointment of Scott Pickering, President, Willis Asia Pacific, Middle East and Africa, as CEO of Willis South Africa in a move it described as a “response to increasing opportunities in South Africa and throughout the …

The article Willis Strengthens So. Africa Role with Pickering Appointment appeared first on Insurance Journal.

]]> Dobelbower Joins Lockton’s International Benefits Practice in Washington, D.C. http://www.insurancejournal.com/news/international/2011/11/17/224399.htm Thu, 17 Nov 2011 11:33:25 +0000 http://www.insurancejournal.com/?p=224399 Lockton Benefit Group of Lockton Companies announced the expansion of its International Benefits Services practice with the addition of Nicholas Dobelbower, Ph.D., as Senior Consultant. His primary role “is to provide strategic international employee benefits guidance to Lockton’s clients around …

The article Dobelbower Joins Lockton’s International Benefits Practice in Washington, D.C. appeared first on Insurance Journal.

]]> Ironshore Australia Launches Affirmative Defense Cost http://www.insurancejournal.com/news/international/2011/11/01/222398.htm Tue, 01 Nov 2011 16:47:09 +0000 http://www.insurancejournal.com/?p=222398 Ironshore Australia has enhanced its professional liability policies for defense cost coverage in response to the recent decision of the High Court of New Zealand.  Ironshore Australia insurance solutions are tailored to provide affirmative defense cost coverage on policies that …

The article Ironshore Australia Launches Affirmative Defense Cost appeared first on Insurance Journal.

]]> Willis Names Maurette as Regional CEO for Latin America http://www.insurancejournal.com/news/international/2011/10/24/221244.htm Mon, 24 Oct 2011 10:27:13 +0000 http://www.insurancejournal.com/?p=221244 Willis Group Holdings plc announced that Luis Maurette has been appointed Regional CEO of its Latin American operations. He is based in São Paulo, Brazil, and reports to Tim Wright, who this week was named CEO of Willis International. “Latin …

The article Willis Names Maurette as Regional CEO for Latin America appeared first on Insurance Journal.

]]> Cooper Gay Restructures Business into Three Core Trading Units http://www.insurancejournal.com/news/international/2011/05/18/199002.htm Wed, 18 May 2011 10:22:15 +0000 http://www.insurancejournal.com/?p=199002 London-based broker Cooper Gay announced that it has restructured its UK business, Cooper Gay & Co Ltd, into three core trading units to form a stronger and more streamlined platform for growth. The UK business is part of Cooper Gay/Swett …

The article Cooper Gay Restructures Business into Three Core Trading Units appeared first on Insurance Journal.

]]> Ironshore Canada Launches Specialty Casualty Division http://www.insurancejournal.com/news/international/2011/03/28/191964.htm Mon, 28 Mar 2011 16:05:52 +0000 http://www.insurancejournal.com/?p=191964 Ironshore Canada Ltd. created a specialty casualty division to underwrite insurance coverages for general liability, as well as umbrella and excess liability programs.  Stephen Stewart has been named vice president to head the division, reporting to Michael Wills, president and …

The article Ironshore Canada Launches Specialty Casualty Division appeared first on Insurance Journal.

]]>