Oil Insurance Seminar in Tehran Will Feature Foreign Insurance Representatives, Iran Says: Foreign insurance entities, including U.S. broker Marsh, are scheduled to participate in a conference on insurance in the oil, gas and petrochemical industries ...
Date: 7/3/2008 Source: BestWire
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Bahrain Grants License to ACR Re Takaful: The Central Bank of Bahrain has granted a license for the establishment of ACR ReTakaful to do business in the Persian Gulf state.
ACR ReTakaful is a ...
Date: 7/3/2008 Source: BestWire
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CEA Criticizes EC Health Care Plan: The CEA has warned that the European Commission’s plan to introduce European Union-wide compulsory health insurance would not guarantee consumers certainty or ...
Date: 7/3/2008 Source: BestWire
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U.K. Auto Insurance Fraud in 2007 Cost 260 Million Pounds: Fraud directed by customers against U.K. auto insurers in 2007 totaled 260 million pounds (325.5 million euros), or 5 million pounds a week, according to the ...
Date: 7/3/2008 Source: BestWire
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Hallmark Financial Services Leads Tuesday's AMBG as Global Insurance Index Declines 0.88%: The AMBG closed Tuesday, July 1, at 1035.38 (-0.88%). Of the 15 A.M. Best stock indexes, six rose and nine declined. Leading A.M. Best's Global Insurance ...
Date: 7/2/2008 Source: BestWire
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U.N. Official: Climate Change Creating Broad Opportunities for Insurers: Climate change is creating openings for the insurance industry in areas ranging from natural resources to energy consumption and microinsurance, according to ...
Date: 7/2/2008 Source: BestWire
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Swiss Life Announces Deal With Bank Zweiplus: Life insurer Swiss Life said it signed a cooperation agreement for the Swiss market with bank zweiplus.
According to Swiss Life, the deal will enable ...
Date: 7/2/2008 Source: BestWire
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Axis Capital Names Chief Investment Officer: Axis Capital Holdings Ltd. has named Dean Benner as its executive vice president and chief investment officer.
Effective June 30, Benner took up his ...
Date: 7/1/2008 Source: BestWire
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Alabama Commissioner Walter Bell Joins Bermuda Monetary Authority as Director: Alabama Insurance Commissioner Walter Bell has been appointed to the board of the Bermuda Monetary Authority.
Bell, an immediate past president of the ...
Date: 7/1/2008 Source: BestWire
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Daybook for Wednesday, July 2, 2008: Scor Hosts Investors' Day: France-based reinsurer Scor SE holds its annual Investors' Day at its Paris headquarters. Chaired by Scor Group Chief Executive Denis Kessler, the event ...
Date: 7/1/2008 Source: BestWire
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A.M. Best Comments on Announced Acquisition of Pembroke Managing Agency Ltd. by Ironshore Inc.: A.M. Best Co. has commented that the ratings of Ironshore Inc. (Ironshore) (Cayman Islands) and its operating subsidiaries are unchanged following its recently ...
Date: 7/1/2008 Source: BestWire
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BestDay Audio for Tuesday, July 1: Lloyd’s Sean McGovern on the Market’s Help Desk: The Tuesday, July 1, edition of BestDay Audio includes an interview with Sean McGovern, legal director at Lloyd's, regarding the market’s help desk. ...
Date: 7/1/2008 Source: BestWire
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Italy's Generali to Acquire Two Romanian Insurers: Italy's Assicurazioni Generali SpA closed a deal with PPF Investments to acquire control of two Romanian insurance companies.
Generali said the ...
Date: 7/1/2008 Source: BestWire
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Swiss Re Securitizes $150 Million In Catastrophe Protection: Swiss Re has obtained $150 million (95.18 million euros) in protection against a number of possible natural catastrophes through a catastrophe ...
Date: 7/1/2008 Source: BestWire
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Chaucer Sells Stake in Lloyd’s Insurer Pembroke to Ironshore: Chaucer Holdings plc has sold its stake in Lloyd’s insurer Pembroke JV Ltd. to global commercial property and casualty insurer Ironshore Inc. for 14.9 million ...
Date: 7/1/2008 Source: BestWire
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Lloyd's' Lord Levene to Host Frankfurt Seminar: The following world meeting will take place on Wednesday, July 9:
— Lloyd's Chairman Lord Peter Levene hosts a 9 a.m. (Central Europe Standard Time) ...
Date: 6/30/2008 Source: BestWire
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Allied World to Buy Darwin Professional Underwriters for $500 Million: Allied World Assurance Co. is acquiring Connecticut-based specialty insurer Darwin Professional Underwriters for $550 million in cash.
The $32 ...
Date: 6/30/2008 Source: BestWire
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Scor Admitted to Brazil Life Reinsurance Market: Brazil’s reinsurance authority has admitted Scor as a life reinsurer in the country's market.
The French reinsurer said it is appointing Ronald ...
Date: 6/30/2008 Source: BestWire
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Marsh Launches International Placement Unit Bowring Marsh: Marsh Ltd. has created Bowring Marsh as its specialist international placement broker for property, including terrorism, and casualty risks.
The ...
Date: 6/30/2008 Source: BestWire
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U.K. Survey: Credit Crunch Hitting Financial Services Profits: The credit crunch has brought the sharpest falls in business volumes for 17 years to the United Kingdom’s financial services sector, according to the ...
Date: 6/30/2008 Source: BestWire
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