TLLA, Crawford Claims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined Crawford’s Global Technical Services organization, Crawford announced. TLAA, established in May …
A.M. Best Co. has affirmed the financial strength rating of’ A+’ (Superior) and issuer credit rating of “aa-” of Bermuda-based Tokio Millennium Re Ltd. (TMR), both with stable outlooks. Best noted that TMR is a wholly owned subsidiary of Tokio …
AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia. AXA SA, Europe’s second-largest insurer it would raise …
Beazley is expanding its U.S. property insurance business with the creation of a dedicated Builders’ Risk team to be located in Chicago, Ill. Colin Rose, a senior underwriter from the London Construction and Engineering team, will move to Chicago to …
Willis Group Holdings announced that Pauline Margrett has been appointed Chief Operating Officer for its Global Captive Practice. She is based in London and will report to Tom Coughlin, the Global Captive Practice leader. The announcement notes that Margrett’s career …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Singapore Reinsurance Corporation Limited, both with stable outlooks. The ratings reflect Singapore Re’s “superior risk-adjusted capitalization level, increasing presence in …
Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s”— London’s financial and insurance …
Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s” – London’s financial and …
Rescuers dug feverishly on Friday through the rubble of a school and other buildings toppled by an earthquake in the Indonesian port of Padang, but few victims were being found alive two days after the tremor. The United Nations said …
Not long after the Samoan earthquake and tsunami struck in the South Pacific, a major earthquake occurred 9500 kms (5900 miles) away off Sumatra in western Indonesia. Latest news bulletins have raised the initial death toll from the disaster to …
