AXA ART Names Teixeira Country Manager for Brazil November 5, 2013 AXA ART Americas Corporation announced the appointment of Roberto Emilio Teixeira as Country Manager for its Brazilian activities. He “will...
Willis Unit Places $300 Million Cat Bond for Catlin November 5, 2013 Willis Capital Markets & Advisory (WCMA), the capital markets and advisory business of Willis Group Holdings, the global risk advisor,...
Mayes Joins ANV to Lead New Technology E&O and Intangible Risk Team November 5, 2013 Netherlands-based ANV Holdings BV announced that Phil Mayes will lead its new Technology E&O and Intangible Risk Underwriting team. He...
Review of Zurich Finance Chief’s Suicide Clears Ackermann November 5, 2013 By Alice Baghdjian and Paul Arnold Zurich Insurance finance chief Pierre Wauthier did not come under “undue pressure” before his suicide, the firm said on Monday,...
Pirate Money Promotes Global Criminal Activity: World Bank Report November 4, 2013 Pirates hijacking ships off the Horn of Africa and Somalia from 2005 to 2012 garnered well over a quarter of...
Cobalt CEO Says London Meeting Islamic Underwriting Needs November 4, 2013 Islamic business leaders have been told London has the ability to deliver highly rated re/insurance capacity to meet their desire...
Travelers Completes Dominion of Canada Acquisition November 4, 2013 The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L...
South Africa’s MMI to Buy Alexander Forbes’ Insurance Business November 4, 2013 By Jaco Visser MMI Holdings Ltd., South Africa’s third-largest insurer, agreed to pay 1.6 billion rand ($157 million) for Alexander Forbes Ltd.’s insurance...
U.S. Says Japan Signing Liability Pact Would Aid Nuclear Cleanup November 4, 2013 By Jacob Adelman Japan will receive international help with the cleanup at the Fukushima atomic station once it joins an existing treaty that...
Lockton Names Marsh’s Saada as CEO for Middle East-North Africa Region November 3, 2013 Lockton (MENA) Ltd. has named Tony Saada as chief executive officer. He will be responsible for developing and serving Lockton’s...