Alliant Emerging Markets announced the expansion of its risk analytics and advisory services by launching a source of political and economic risk indices and ratings available to banks, investments banks, private equity, F500 and hedge funds. Alliant’s risk analytics began …
Global insurance broker Willis Group Holdings said it has acquired 100 percent of Willis Kft, its joint-venture operation in Hungary, by purchasing the 20 percent stake of its local broker partner, Erix. The deal was completed on June 30, 2008. …
Risk Management Solutions released preliminary loss estimates, following an analysis of the insured exposure from Windstorm Emma (See IJ web site – https://www.insurancejournal.com/news/international/2008/03/04/87878.htm) RMS indicated that they would probably range from €300 million ($458 million) to €700 million ($1.068 billion). …
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of risk management in complex global business environment The insurance industry’s “traditional model” has become outdated and is so abstruse that the industry’s ability to compete is being jeopardized.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 …
Guy Carpenter & Company, LLC announced that its Instrat ® unit has introduced a new, fully probabilistic flood model for the Czech Republic. “The model provides insurers with a reliable, high-quality set of tools for managing potential exposures in one …
More than 1200 participants assembled Monday morning at Geneva’s International Conference Center for the fifth Forum of the Federation of European Risk Management Associations (FERMA). Delegates were welcomed by Pierre-François Unger, president of the State Council of the State of …
Massive fires raged out of control across Greece on Thursday, after killing three people overnight in the south, burning through villages and forests and stretching firefighting services to the limit. Greek Prime Minister Costas Karamanlis appealed to Russian President Vladimir …
Cadence, Strategic Independent Agents Alliance Cadence Insurance Services of Colorado Springs, Colo., became a member of the Strategic Independent Agents Alliance, a network of independent insurance agencies. Cadence Insurance Services joined the ICA Agency Alliance Master Agency network in Colorado …
The ACE European Group has opened two new offices in Budapest, Hungary and Prague, Czech Republic, as part of its expansion plan for Central and Eastern Europe. Peter Dudas will head ACE’s Hungarian operation as General Manager for the country. …
Italy’s Generali Group has concluded an agreement with PPF Group N.V., an international financial group, headquartered in Amsterdam, Netherlands, which is 95 percent controlled by Petr Kellner, a Czech entrepreneur with a strong track record of success. PPF Group in …
