UK Terrorism Reinsurer Pool Re Has over $7 Billion for Olympic Games Coverage April 30, 2012 By Myles Neligan Pool Re, the state-backed British reinsurer that covers terror attack-related commercial property losses, has £4.5 billion ($7.327 billion) of assets...
Civil Unrest Leads Aon to Downgrade 37 Countries on Political Risk Map April 25, 2012 Aon Risk Solutions, the global risk management business of Aon plc, has just issued its latest political risk map, which...
Ironshore Brings Lloyd’s Political Risk Coverage to U.S. Market February 15, 2012 Ironshore Insurance Services has received extension of class approval from Lloyd’s to underwrite insurance coverage for the Pembroke Syndicate 4000...
New York Judge Drops Binladen Group as 9/11 Defendant January 13, 2012 A Manhattan judge has dismissed a construction company founded by Osama bin Laden’s father as a defendant in Sept. 11...
Aon Benfield Launches Updated UK Terrorism Cat Model November 15, 2011 Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., announced that it has updated its UK terrorism...
New York Judge: Al-Qaida Owes $9.3 Billion for 9/11 Harm October 16, 2011 A magistrate judge in New York has recommended that al-Qaida be assessed $9.3 billion for the damage done to properties...
Port Authority Cleared of Negligence Claims in ’93 WTC Bombing September 28, 2011 By Young Ha Last week, New York State’s high court cleared Port Authority of New York and New Jersey of negligence claims in...
Citing Scope of 9/11, N.Y. Judge Tosses WTC Suit September 26, 2011 By Larry Neumeister In tossing out a negligence lawsuit, a judge last Friday cited the “strange, improbable” events that destroyed a 47-story World...
Willis Chief Tells Asian CEO’s Insurance ‘Not Just About Coverage’ September 22, 2011 Joe Plumeri, the Chairman and CEO of Willis Group Holdings, told more than 100 leading Asian CEOs’ that ‘insurance is...
Lloyd’s Syndicate Withdraws 9/11 Lawsuit Against Saudi Arabia September 20, 2011 Lloyd’s London’s Syndicate 3500 filed a notice on Monday, Sept. 19, to voluntarily dismiss its federal lawsuit against Saudi Arabia...