international News

ACE Appoints Page Division President for Int’l. Personal & Business Operations

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 …

Starr Companies Appoint Childs CFO for International Operations

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 …

CPCU Society Names Nadeem as First International Ambassador

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 …

Olympic Travel Leads to Surge in Travel Insurance Sales

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 …

ACE USA Enhances International Casualty Coverage

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, …

Fireman’s Fund, Allianz Global Expand Entertainment Division into Canada

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 …

Aon Benfield, Build Assure Launch Latent Defects Product for Builders Federation

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 …

Willis Re Appoints Melia as CEO Willis Re International

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 …

Beazley Simplifies D&O Purchases for U.S. Multinational Companies

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, …

Lloyds TSB Adds Travel Disruption Insurance

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 …