ACE Limited reported net income for the quarter ended March 31, 2015, of $681 million, or $2.05 per share, compared with $734 million or $2.14 per share in Q1 2014. Operating income was $745 million, or $2.25 per share, compared …
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JLT Re, the London-based provider of reinsurance broking and capital solutions, announced that Russell Walters has joined as a partner. Bradley Maltese, deputy CEO of UK & Europe, said, “Russell joins JLT Re with over 30 years of reinsurance experience …
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Burns & Wilcox Brokerage has opened a Scottsdale, Ariz. office. Managing Director Marc Adler will oversee operations, as well as providing expert brokerage services. Adler has more than 25 years of experience, most recently in construction and environmental brokerage at …
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Global insurers who oversee more than $6 trillion in assets plan to invest capital in commercial mortgage loans and private equity this year to generate higher returns, a Goldman Sachs Asset Management survey showed. Thirty-five percent of insurance executives said …
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Five years after the worst U.S. offshore oil spill, the industry is working on drilling even further into the risky depths beneath the Gulf of Mexico to tap massive deposits once thought unreachable. But critics say energy companies haven’t developed …
The article 5 Years After Gulf Oil Spill: Is Drilling Engineering Outpacing Safety Again? appeared first on Insurance Journal.
More new firefighters are volunteering in New York state after years of declining membership, though companies are still seeking recruits to meet more calls. Fire companies statewide attracted 12,665 new volunteers in 2011 and 2012 amid aggressive recruiting efforts, according …
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The Hartford has named Kathy Bromage as chief marketing and communications officer. Robinson succeeds current General Counsel Alan Kreczko. Robinson will report to The Hartford’s Chairman and CEO Christopher Swift. Bromage joined The Hartford in 2004 as chief marketing and …
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The Qatar Insurance Company (QIC) posted strong growth in the first quarter of 2014 with gross written premiums rising 28 percent to $527 million, comparted to $412 million in Q1 2013. Net income for the period, however, declined by 12 …
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The former Chattanooga State Community College director of police services has filed lawsuit claiming she was discriminated against by one of her former bosses and eventually fired on trumped up charges. The lawsuit says Assistant Vice President of Plant Operations …
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Arthur J. Gallagher – the international broking division of Arthur J. Gallagher & Co. outside of the United States – announced that it has “deepened its investment in Latin America by purchasing a majority shareholding in independent Chilean retail broker …
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