To identify and prepare for natural and manmade catastrophes, countries should take risk management steps including measures to finance losses before an event and creation of a national risk officer,
Mr. Ot?vio Sampaio joined Willis in 1989 as a risk surveyor, and in 1995 took over as general manager for Willis' Rio de Janeiro branch. In 1997, he was nominated statutory director for Willis Brazil,
Mr. Burns was senior vice president of Multinational Employee Benefits at Willis. Prior to joining Willis in 2006, he was a principal at Mercer. Mr. Burns spent more than 12 years in several senior i
Minneapolis-based Collins reinsurance brokerage and Brazil's newly-formed reinsurance brokerage Especializada Re announced yesterday that the two companies have an agreement to serve as exclusive corr
Multiline insurer the Hartford Insurance Group announced today it had given a stake in the firm to competitor Allianz AG for a $2.5 billion cash infusion and informed investors it will take a huge cha
Although the London market is unique, trends challenging the world's oldest insurance center--softening prices, increasing competition, pressure to cut expenses--mirror those around the globe, with the
Navigators Group Inc., a New York-based specialty insurance holding company, announced today that its principal insurance company subsidiary has received approval to underwrite reinsurance in the newl
Group net income for the quarter fell 40.5 percent to EUR100.8 million ($154.7 million) from EUR169.4 million ($260 million--a decrease of EUR68.6 million ($105.3 million). For the half-year group net was do
WASHINGTON--Collapse of the latest discussions at the so-called Doha round of trade talks under the auspices of the World Trade Organization is a "lost opportunity for the world's economy, especially t
Zurich Participac?es also entered into a long-term exclusive distribution agreement with Banco Mercantil for the distribution of life and general insurance products of Zurich Brasil Seguros S.A. and t