HCC Insurance Holdings announced the promotion of Simon Button to Chief Underwriting Officer for HCC International Insurance Company PLC and Lloyd’s Syndicate 4141 (known collectively as HCC International). He reports to HCC International’s CEO Barry J. Cook, who expressed his …
HCC Insurance Holdings Inc. has p[romoted of Simon Button to chief underwriting officer for HCC International Insurance Co. PLC and Lloyd’s Syndicate 4141, reporting to HCC International’s Chief Executive Officer Barry J. Cook. Button started with HCC in 2000. He …
The losses insurers face from the worst flooding in central Europe since 2002 may be lower than those resulting from the deluge 11 years ago even as the toll on local economies looms larger. Insured losses may reach 2 billion …
Safety management at the Chinese firm whose poultry slaughterhouse caught fire earlier this week killing 120 people was a “total mess” and two senior executives have been detained by the authorities, state media said on Thursday. The local government is …
A presentation from the Geneva Association (GA), the international insurance think tank for strategically important insurance and risk management issues, calls for a long awaited dialogue between the industry and all levels of government in the face of the rising …
Insurance broker Marsh has agreed to acquire Franco & Acra Tecniseguros, an insurance adviser in the Dominican Republic that has been acting as Marsh’s local correspondent broker since 1977. Terms of the transaction were not disclosed. The firm will operate …
Most U.K. financial-services employees say some within their companies are paid too much amid negative public sentiment toward the industry, according to a survey by the Chartered Institute of Personnel & Development. Three-quarters of those surveyed said some colleagues are …
Firefighters, soldiers and volunteers in eastern Germany toiled through the night to defend against floods that have submerged towns, villages and farmlands for the second time in 11 years. Crews in Dresden, home to the 18th century Frauenkirche that was …
China’s top Internet security official says he has “mountains of data” pointing to extensive U.S. hacking aimed at China, but it would be irresponsible to blame Washington for such attacks, and called for greater cooperation to fight hacking. Cyber security …
As the people of Prague started to clean up after three days of flooding, residents in the eastern German cities of Dresden, Halle and Meissen were bolstering their defenses against the torrents of water still surging from the Vltava, Mulde …
