Monthly Archives: <span>February 2007</span>

Trigg to Head Marsh EMEA RMP

Marsh UK has appointed Bruce Trigg to head its Risk Management Practice (RMP) in continental Europe, the Middle East and Africa (EMEA). “The practice is responsible for providing bespoke and sophisticated solutions to Marsh’s largest and most complex retail clients …

ICAP and JLT Announce Joint Venture

ICAP plc, a leading interdealer broker, and UK-based broker Jardine Lloyd Thompson have agreed to establish a joint venture company owned equally by the two groups. They plan to “operate in areas where the market for insurance, financial derivatives and …

Markel Names Smith as V.P. for Marketing

Markel Insurance Co. has named Thomas K. “Smitty” Smith as vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond branch of Riggs, Counselman, Michaels & Downes, which he established. …

Ping An to List Shares in Shanghai

Ping An Insurance (Group) Company of China Ltd. must be aware of the old Chinese curse – “May you live in interesting times -” but it has nonetheless chosen to begin listing its A-Shares on the Shanghai Stock Exchange as …

Lloyd’s Hardy Licenses Use of AIR’s Cat Models

Boston-based AIR Worldwide Corporation announced that Hardy (Underwriting Agencies) Limited, a subsidiary of Hardy Underwriting Group plc, has licensed AIR’s catastrophe risk management systems. Hardy, a prominent Lloyd’s underwriter, specializes in several different lines of business, including both Treaty and …

Canada’s Sovereign Signs ‘Alliance Agreement’ with OneBeacon

Canada’s Sovereign General Insurance Company and OneBeacon Insurance Company announced the signing of a Strategic Alliance Agreement. The deal will facilitate the “introduction of products to Canada for certain commercial segments,” said the bulletin. “Policies will be written under Sovereign’s …

Industry: Federal Terrorism Insurance Still Vital to National Security

Insurance industry advocates urged Congress today to ensure the availability of terrorism risk insurance through a continued federal government role and to examine long-term solutions before the current backstop legislation, the Terrorism Risk Insurance Extension Act (TRIEA) of 2005, expires …

Safer Schools Seminar Coming to Tenn. on March 7

Indiana Insurance, a member of Liberty Mutual Group, will host its second of four free, day-long Safer Schools Seminars on March 7 at Middle Tennessee State University in Murfreesboro, Tennessee. School violence and sexual abuse are pressing concerns for school …

Man Blames Cell Phone Use for Fatal Crash

The Boulder, Colo., man charged with vehicular homicide while under the influence in a fatal crash that happened in Montana told police he failed to halt at a stop sign because he was trying to use his cell phone. Shawn …

Four Buildings Evacuated after San Francisco Landslide

A landslide of rocks and boulders tumbled down onto a San Francisco apartment building early Tuesday, sending 150 residents of the North Beach district into the streets. No injuries were reported, but at least four buildings were evacuated after the …