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A combination of new entrants and more capacity committed by existing players has contributed to increased competition and pressure on rates in the upstream energy market, according to broker JLT. 21 May 2014
Insurance
Standard & Poor’s has upgraded the financial strength and counterparty credit ratings of ACE Limited’s core operating insurance companies to AA from AA- citing the company’s strong balance sheet and track record of superior operating performance relative to its peers. 20 May 2014
Insurance
ACE has introduced an enhanced insurance cover for the life science industry in continental Europe as it continues to build its specialty casualty offering for middle-market and multinational businesses across the region. 20 May 2014
Insurance
Easy access to decision makers, the quick production of policy documentation, better information on underwriter risk appetite and global coverage were some of the themes top of brokers’ wish lists when dealing with insurers, according to a survey by ACE. 19 May 2014
Insurance
Novae Group, the specialist listed Lloyd’s insurer, has strengthened its European property team with the appointment of Mervyn Albon as class underwriter UK & European property. 19 May 2014
Insurance
The Chubb Group of Insurance Companies has created the Fine Art Practice, bringing together the expertise of its fine art resources worldwide in underwriting, loss prevention, appraisal and claims to respond to the evolving needs of its personal insurance clients with large and valuable collections. 19 May 2014
Insurance
Insurer Arthur J. Gallagher (AJG) has appointed Curtis Anderson, Sarah DiLorenzo, Richard Tallo and Thomas Tropp as corporate vice presidents (VP). 14 May 2014
Insurance
Arthur J. Gallagher (AJG) has appointed Richard Tallo, formerly of ACE, as chief marketing & communications officer. 13 May 2014
Insurance
AXIS Insurance has expanded the responsibility of the chief executive of AXIS Specialty Europe giving him responsibility for underwriting in its international division. 12 May 2014
Insurance
ACE Group has appointed Adi Darmaputra as accident & health and bancassurance director for its general insurance operations in Indonesia. 7 May 2014
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