The Zurich Financial Services Group announced that after a 33-year career with the company, Paul N. Hopkins will retire as a member of the Group Executive Committee, regional chairman of the Americas for Zurich, and chairman of the board of …
A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of UK-based Brit Insurance Limited (BIL). Best also removed …
Munich Re’s annual general meeting (AGM) produced some good news for the shareholders of the world’s largest reinsurer. It announced a dividend increase to €6.25 [$9.138] per share for the financial year 2010, up from €5.75 [$8.40] last year, more …
Voyager, a niche insurance specialist in the UK, has published the top ten reasons why couples claim on their wedding insurance on or prior to their big day. The bulletin noted that “unlike the era in which previous royal weddings …
Britain is probing investment banks over insurer Prudential Plc’s failed $35.5 billion bid for rival AIG’s Asian business, AIA, last year, two people familiar with the matter said. The probe, ordered by the Financial Services Authority (FSA), would examine the …
The ACE group has announced the appointment of Nadia Cote to the position of Financial Lines Manager for Continental Europe (CE) and Central and Eastern Europe (CEE). She will report to Serge Osouf, Executive Vice-President CE/CEE and Senior Advisor Emerging …
Marsh & McLennan Companies announced several changes to its senior management team, including the appointment of Daniel S. Glaser, 50, to the newly created position of group president and chief operating officer, Marsh & McLennan Companies. Glaser had previously been …
A 42-year-old upstate New York man has been hospitalized after the 55-gallon drum he was cutting up exploded and shot into the air, hitting him on the head. The Lewis County Sheriff’s Office says Ricky Poore was using a cutting …
America First Insurance, a Liberty Mutual Agency Corp. regional company, has expanded its small commercial appetite with the addition of more than 60 business classes to its Commercial Protector BOP product. The majority of the additional classes are in wholesale/retail, …
