A bulletin from Aon Global Risk Consulting, the risk management arm of Aon plc, using responses from 100 senior risk industry professionals at its annual Client Symposium, indicates that “organizations in Central and Eastern Europe and additional emerging markets are keen …
The Dubai Group has sold its Turkish insurance arm to Starr Insurance and Reinsurance Ltd., a company owned by former AIG chief executive Maurice “Hank” Greenberg, and to a unit of Dubai lender Mashreq Bank, as the state investment firm …
Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Kieran Angelini-Hurll as Regional Director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations, a newly created post within the group. He will be based …
Catastrophe modeling firm AIR Worldwide estimates that insured losses from the magnitude 7.2 earthquake that struck eastern Turkey Sunday, October 23rd, near the city of Van, will be between 100 million TRY ($56.5 million) and 300 million TRY ($170 million). …
As rescue workers continued their efforts to find survivors in the debris from collapsed buildings, the death toll from Monday’s earthquake continues to rise. Local officials have said that 279 bodies have been recovered so far, but many more are …
The latest news reports have put the death toll at more than 200 with over 1,000 injured as a strong magnitude 7.2 earthquake struck eastern Turkey at 10:41 UTC (1.41 pm local time) near the city of Van in Eastern …
A Cargill Inc. unit is being sued by an Oregon family who said their young daughter was hospitalized after eating Salmonella-contaminated turkey, the subject of one of the largest U.S. meat recalls ever. The lawsuit is one of the first …
Zurich Financial Services Group announced that its Turkish subsidiary Zurich Sigorta A.S. has signed an agreement with Fortis Bank A.S. for the exclusive distribution of general insurance products through Fortis in Turkey. “This agreement is in anticipation of the planned …
A federal appeals court last Friday reversed itself and now says the heirs of Armenians killed in the Turkish Ottoman Empire can seek payment from companies that sold their relatives life insurance. The 9th U.S. Circuit Court of Appeals in …
A huge forest fire killed about 40 people in Israel on Thursday, including young prison guard cadets trapped in a bus while heading to help inmates flee the flames, officials said. More than 12,000 people were evacuated from towns and …
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