Markel International has appointed Simon Wilson to the role of director, international development. He joins Markel International from Lloyd’s. For the last three years, he was Lloyd’s general representative in Singapore and managing director of Lloyd’s Asia. Wilson oversaw the …
London-based Miller Insurance Services Limited announced that Brian Connolly has joined its Energy, Property & Casualty business unit. He has more than 30 years’ experience in the insurance market, previously as an underwriter and since 1992 as a broker, “in …
A massive undersea earthquake is long overdue beneath the Mentawai islands in Indonesia and could trigger another deadly tsunami, say scientists mapping one of the world’s most quake-prone zones. Unlike the 2004 Indian Ocean tsunami, which killed around 226,000 people, …
Beecher Carlson expanded its National Energy practice by appointing Jacklyn Kearns senior vice president. Kearns has 28 years of insurance and risk management experience. She joins Charlie Pierpont in Beecher Carlson’s Darien, Conn., office. Prior to that, she served as …
Marsh announced that it has concluded an agreement to acquire HSBC Insurance Brokers Ltd (HIBL), a wholly owned subsidiary of the HSBC Banking Group. The total consideration is valued at £135 million ($218 million), to be paid with a “mixture …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Hong Kong-based NIPPONKOA Insurance Company (Asia) Limited, both with stable outlooks for both ratings is stable. “The ratings reflect NIPPONKOA …
Willis Group Holdings announced that Michiel Bakker has been appointed Managing Director and Head of Europe for its Willis Capital Markets and Advisory unit, formed earlier this year to expand the broker’s capital markets and merger and acquisitions advisory services …
The Marine insurance market continues to face “choppy seas in the wake of the global economic crisis, with a sharp decline in international trade crippling certain sectors of the shipping community, piracy spreading to new regions, and stalled capital markets …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of South Korea’s Dongbu Insurance Company, Ltd., both with stable outlooks. “The ratings reflect Dongbu’s solid market profile, sound underwriting performance and …
U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action. Some argued that legal technicalities might otherwise …
