Boston-based financial research and consulting firm Celent, a part of Oliver Wyman and ultimately a division of MarshMac, has announced the expansion of its Asian Financial Services Group, with new offices in Seoul, Hong Kong, and Singapore. Celent already has …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp, has released the latest edition of its “Fac Quarterly report,” which provides an analysis of trends witnessed in the facultative reinsurance market during the first quarter of 2011. …
London-based United Insurance Brokers and Space Partnership International have recently placed insurance for commercial payloads flying on the penultimate STS Shuttle mission (STS134), currently scheduled for the 29th April. The coverages for the mission have been underwritten by Starr Aviation …
North Carolina legislators have agreed to exempt adult drivers of all-terrain vehicles from helmet and eye protection requirements while riding on private property. The Senate this week approved a bill loosening protections in a 2005 law for ATVs 45 minutes …
A.M. Best Europe – Rating Services Limited has commented that the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 1084 the ICR of “bbb” of the UK’s Chaucer Holdings PLC (CHP) are …
Federal Emergency Management Agency Director Craig Fugate this week stressed how important it is for newly elected public officials to learn how to respond during hurricanes and other powerful storms and that a bad economy is no excuse not to …
London-based broker Cooper Gay announced that it has “restructured its operations in Latin American into four sub regions in order to drive growth and efficiencies in this key market. “The new sub regions are: Central America (Mexico, Central America and …
World Trade Organization members face a somber Easter Sunday because of a fight over manufacturing trade between the United States and major emerging economies like China, India and Brazil that could finally kill 10-year-old world trade talks. WTO Director General …
A barrage of court claims pitting BP Plc against its partners in the Gulf of Mexico oil spill could lay the groundwork for billions of dollars in settlements to spread the costs of the disaster. BP has sued Transocean Ltd, …
Lockton has announced the launch of a package of risk management solutions called “Enterprise Disruption Contingency Insurance designed to help companies cope with previously ‘uninsurable’ risks.” Lockton said the coverage “offers an innovative ‘umbrella solution’ for such grey area risks …
