A group of 70 policyholdersabout 10 percent of the accounts whose coverages are reinsured by Energi Reare so committed to Energis business plan that they collectively have taken a 36-percent investment stake in the parent company, according to Brian K. McCarthy, the companys founder, president and CEO.
Fuelcell energy inc. designs, manufactures, installs and services onsite power generators for schools, hotels, prisons, manufacturers, waste-water treatment plants and utilities around the world.
A group of 70 policyholdersabout 10 percent of the accounts whose coverages are reinsured by Energi Reare so committed to Energis business plan that they collectively have taken a 36-percent investment stake in the parent company, according to Brian K. McCarthy, the companys founder, president and CEO.
In response to the Liability crisis of the mid-1980s, during which capacity halved and premiums doubled, a pair of insurance companies formed to create new coverage solutionsand they ultimately grew into two of the largest insurance players in the world: Ace and XL.
In response to the Liability crisis of the mid-1980s, during which capacity halved and premiums doubled, a pair of insurance companies formed to create new coverage solutionsand they ultimately grew into two of the largest insurance players in the world: Ace and XL.
When it comes to environmental losses, one clear trend is we are seeing a lot more claims, says Chris Smy, a managing director and the global Environmental practice leader at Marsh. Historically, Environmental insurance is perceived to be a high-severity, low-frequency [risk]. But as the business has moved toward more...
One recent development that would not seem to paint a rosy loss picture for the Pollution insurance market: The $700 million addition to Environmental reserves that AIG made over seven quarters between 2011 and 2012.