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Peter S. Rawlings, a well-known leader in the field of corporate finance, will head U.S. RE Securities, LLC. The Company has also been admitted to membership in the National Association of Securities ... |
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Lewis & Clark LTC RRG, Inc., a provider of General and Professional Liability insurance to operators of long-term care facilities in 33 states, recently obtained reinsurance coverage in the London mar... |
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Eastern Europe is emerging as a significant growth market for the insurance/reinsur-ance industry. The recent International Insurance-Reinsurance Forum in Sinaia, Romania, brought together more than 5... |
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Members of Congress facing a decision on extending the Terrorism Risk Insurance Act of 2002 (TRIA) should think hard about how failure to renew would affect the U.S. economy. Ramani Ayer, CEO of The H... |
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The Act, which expires December 31, 2005, provides a safety net for American business by assuring availability of terrorism insurance and assuming responsibility for insured losses beyond the ability ... |
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The U.S. 2005 reinsurance industry outlook is stable despite some softening in the market, Standard & Poor's Rating Service reports in its mid-year assessment. "U.S. reinsurers are enjoying substantia... |
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Debate over extending the Terrorism Risk Insurance Act of 2002 (TRIA) is heating up in Congress, the insurance industry, and the business community. Legislation to extend the act for two years beyond ... |
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A global survey of 240 senior executives "shows widespread neglect of business continuity planning despite the fact that senior management can now be held liable for any losses that could reasonably b... |
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U.S. RE has placed two new programs with the Markel Group of Richmond, Virginia. Working with Markel subsidiary, SMART (Specialized Market Alternative Risk Transfer), Paul Dzielinski, U.S. RE Vice Pre... |
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Outlook
Hurricane guru William Gray, head of Colorado State University's Tropical Meteorology Project, predicts that 2005 will bring 15 Atlantic storms, eight of which will become hurricanes. Warme... |
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U.S. RE is growing talent from within through a concentrated management training program that gives young brokers hands-on experience in the marketplace.
"It's exciting to work here because we have... |
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More than 730,000 people in the United States filed compensation claims for injuries related to asbestos from the early 1970's through 2002 at a cost of more than $70 billion to businesses and insuran... |
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Basel, Switzerland - Henrik Skafte has joined U.S. RE - Europe as Assistant Vice President, Mark Lucas, Managing Director, announced. Skafte has held executive posts in the Danish life insurance indus... |
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Recent enactment of the "Reinsurance Directive" moved the European Union (EU) toward long-debated uniform reinsurance regulation. However, the proposed body of standardized laws and regulations adopte... |
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The economic recovery is driving up demand for commercial insurance but price competition is expected to reduce net gains in 2005, according to the average forecast of 13 leading analysts compiled by ... |
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Basel, Switzerland - Windstorm Erwin, which struck Denmark and Sweden last January, is expected to cause rate increases at the next renewal, reports Mark Lucas, Managing Director, U.S.RE-Europe. With ... |
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"Demystifying Reinsurance" was the theme of a recent Reinsurance Association of America (RAA) seminar at Chicago's Drake Hotel. Joe Fedor, Executive Vice President of U.S. RE, served on a panel coveri... |
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The proliferation of state insurance departments issuing subpoenas to insurance companies in the current wave of industry investigations is wasteful, costly, and inconsistent with efforts to achieve u... |
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· Reinsurance protection for all lines of property/casualty insurance including: Property, Aviation, Business Insurance, Commercial Auto, Credit Enhancement, General Liability, Energy, Financial Guar... |
