Google Captive in Hawaii on Track January 18, 2012 By Don Jergler Web search giant Google Inc. has been granted tentative approval from the Department of Labor to form a captive insurance...
AXIS Estimates Thai Flood Losses at $48 Million; Updates 2011 Loss Estimates January 18, 2012 Bermuda-based AXIS Capital Holdings Limited announced that the net financial impact of the severe flooding in Thailand on the Company’s...
Alterra Receives Approval to for Local Reinsurance Company in Brazil January 18, 2012 Bermuda-based Alterra Capital Holdings Limited announced that the Brazilian insurance and reinsurance regulator, Superintendencia de Seguros Privados (SUSEP), has given...
PartnerRe Estimates Thai Flood Losses at $120 Million January 18, 2012 Bermuda-based PartnerRe Ltd. announced that it “expects to record a charge of approximately $120 million, pre-tax and net of retrocession...
S&P Follows up on Euro Zone Rating Actions January 18, 2012 By Charles E. Boyle Standard & Poor’s Ratings Services has followed up on the rating actions it announced in December concerning a number of...
Virginia Man Accused of Faking Death to Get Insurance January 18, 2012 A Virginia man has been charged with faking his death to collect on a $750,000 life insurance policy. A federal...
Who’s Worth What in the Independent Agency System? Find Out … Join IJ’s Survey January 18, 2012 By Andrea Wells Insurance Journal is polling insurance agents and brokers nationwide in its annual search to find out who’s worth what in...
More Than $25.2M in Virginia Quake Aid OK’d January 18, 2012 More than $25.2 million in federal disaster aid has been approved to help residents, businesses and local governments in Virginia...
Chartis Realigns Global Business Units Amid Departure of Key Executive January 18, 2012 By Young Ha Chartis said it is streamlining its geographic structure to add greater focus on its growth economies initiatives. The move comes...
Florida’s Citizens Eyes Risk Transfer While Lawmakers Plot Changes January 18, 2012 By Michael Adams Florida’s largest homeowners’ insurer has set the goal of moving at least $1 billion in risk back to the private...