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Box Joins Marsh UK Board
Marsh has appointed Peter Box, a former partner at PricewaterhouseCoopers, as a non-executive independent director on the firm#39;s UK board of directors. He retired from PwC on 30 June, and will ...
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Best Affirms Ratings for Northbridge (Fairfax) Operating Companies
A.M. Best Co. has affirmed the financial strength ratings (FSR) of #39;A#39; (Excellent) and issuer credit ratings (ICR) of #34;a#34; of Markel Insurance Company of Canada, Federated Insurance Company of ...
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What ‘Plan B’ for Copenhagen Climate Change Conference Might Look Like
Negotiators are already talking about #34;plan B#34; for the Copenhagen climate talks in December, with uncertainty growing that nations will be able to agree in time on a tougher and broader U.N. ...
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Manulife Buys Pottruff Smith; Now Canada’s No. 2 Travel Insurer
Manulife Financial, Canada#39;s biggest life insurer, announced on Thursday that it has acquired Pottruff #38; Smith Travel Insurance Brokers Inc. in an all cash deal that will make it Canada#39;s No. 2 ...
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Obama to survey New Orleans hurricane recovery
President Barack Obama visits New Orleans for the first time as U.S. president on Thursday to review federal efforts to rebuild the city after Hurricane Katrina hit in 2005.
The Bush administration was criticized for its slow, botched response to Katrina, which flooded 80 percent of the city and killed 1,500 ...
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Agents’ EO: What Do YOU Know? Participate In Insurance Journal Survey Now
It#39;s time again for Insurance Journal to find out what#39;s been going on with Insurance Agents#39; Errors #38; Omissions Insurance. IJ#39;s annual survey solicits the experiences and opinions of ...
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Ratings Recap: AMI, HDI-Gerling
A.M. Best Co. has affirmed the financial strength rating of #39;A+#39; (Superior) and issuer credit rating of #34;aa-#34; of New Zealand#39;s AMI Insurance Limited, both with stable outlooks. The ratings are ...
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Willis Names Powell CEO – Latin America, Willis Facultative
Willis Group Holdings announced the appointment of Hugh Powell as CEO, Latin America, for Willis Facultative. He will have responsibility for Willis#39; facultative reinsurance business across the ...
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Catlin Survey Predicts Arctic Ocean Ice Free Summers within 10 Years
The Catlin Group Limited#39;s Arctic Survey has released findings in London, which show that Arctic Ocean sea ice is thinning rapidly and the region will most likely be largely ice-free during the ...
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Marsh: UK Communication, Tech Firms Continue to Secure ‘Price Reductions’
According to Marsh, the UK#39;s largest communication and technology firms are continuing to enjoy price reductions on their professional indemnity (PI) insurance during the recession, due to ...
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Judge Tosses Michigan Dog Bite Suit
A Detroit-area judge has tossed out a dog bite lawsuit that initially named a German shepherd as a defendant.
The suit brought by Inez Starks was dismissed by Macomb County Circuit Judge David ...
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Willis Re in Global Reorganization
Willis Re, the reinsurance arm of global insurance broker Willis Group Holdings Limited, has announced a series of management changes and a new organizational structure #34;designed to respond to the ...
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Aon Expands UK-based Renewable Energy Practice
Aon announced that it has recruited Peter Lewis to the Renewable Energy Practice, within Aon Power. He will join the team, led by Tom Sexton, in early 2010. Lewis moves over to Aon from Marsh ...
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Ratings Recap: Singapore Re, AGF, Ansvar, White Mountains Re, Oriental, Jupiter
A.M. Best Co. has affirmed the financial strength rating of #39;A-#39; (Excellent) and the issuer credit rating of #34;a-#34; of Singapore Reinsurance Corporation Limited, both with stable outlooks. The ...
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SP Takes Rating Actions on Endurance Specialty and Subsidiaries
Standard #38; Poor#39;s Ratings Services has assigned its #39;A#39; counterparty credit and financial strength ratings to Endurance American Insurance Co. (EAIC), American Merchants Casualty Co. (AMCC), and ...
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Best Affirms Generali’s ‘A+’ Ratings
A.M. Best Co. has affirmed the financial strength rating of #39;A+#39; (Superior) and the issuer credit rating of #34;aa-#34; of Italy#39;s Assicurazioni Generali S.p.A., both with stable outlooks. Best also ...
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