CME Clearing Europe,CME Group's European clearing house,announced that it has added two new over the counter OTC Iron Ore contracts for clearing:Iron Ore 62%CFR China Calendar Swaps and Iron Ore 62%CFR China Average Price Options beginning ...
Tags: CME, construction industry, OTC Iron Ore, clearing
Guided Therapeutics has completed one of two major third-party electromagnetic compatibility testings of its non-invasive cervical scan device. Using the company's patented biophotonic technology, LuViva advanced cervical scan detects ...
Insurance brokerage and risk management firm Marsh & McLennan Agency (MMA) has acquired Brower Insurance Agency, an independent firm in Ohio, for an undisclosed sum. Following the transaction, the acquired enterprise will act as MMA's ...
Tags: insurance brokerage, risk management firm, independent firm
Brown & Brown of Florida has purchased certain assets of Behnke & Associates, a personal lines property and casualty insurance provider, for an undisclosed sum. Under terms of the agreement, Behnke & Associates' Hollywood office will join ...
Tags: property and casualty insurance provider, various insurance
UK based Willis Group Holdings will open a new superyacht insurance broking office at the MB92 shipyard in Barcelona, Spain in September 2012. Willis Global Marine managing director Neil Macnaughtan said that the European large yacht ...
Tags: Willis Group Holdings, superyacht insurance, risk management
OSC, the financial risk management and insurance services company, has selected Kirk A Stephens as senior vice president and chief compliance officer. OSC is owned by Breckenridge Insurance Group, an underwriting manager, insurance ...
Tags: OSC, risk management, insurance, Kirk A Stephens, senior vice president
Illinois-based insurance brokerage Arthur J. Gallagher & Co. (AJG) has completed the acquisition of Ohio-based retail insurance broker Schiff, Kreidler-Shell Insurance and Risk Services (SKS). As part of the acquisition, SKS chairman and ...
Tags: insurance brokerage, Arthur J.Gallagher, insurance broker
Arthur J Gallagher & Co has posted a 72% increase in its second quarter of 2012 net earnings, which were $71.7m or $0.59 per share, compared to $41.7m or $0.37 per share in the prior year quarter, backed by robust performance of brokerage ...
Tags: Arthur J Gallagher, net earnings, risk-management, net income
Aon has introduced a fully probabilistic flood catastrophe model for Thailand, aimed to assist global insurers in better understanding risk management exposures. The new model features improved key drivers for understanding flood risk in ...
Tags: global insurers, risk management, Aon, flood catastrophe model
US-based global insurance brokerage and risk management services firm Arthur J Gallagher & Co has purchased 78.5% interest in Insurance Dialogue of Bournemouth (IDL), England. The amount of transitions and terms of the agreement have not ...
Tags: insurance brokerage, risk management, Arthur J Gallagher
Allied World Assurance has introduced a new liability coverage service to meet the requirements of Accountable Care Organization (ACO). As new emerging healthcare organizations, ACOs are characterized by a payment and care delivery model ...
Tags: new liability coverage, emerging healthcare, Allied World Assurance
Arthur J. Gallagher & Co (AJG), an insurance brokerage and risk management services firm has acquired Grossman & Associates in Beachwood, Ohio. Comenting on the expansion of the business, Arthur J. Gallagher & Co chairman, president and ...
Tags: Arthur J.Gallagher, insurance brokerage, risk management services
Arthur J. Gallagher & Co. (AJG) has acquired Texas-based Professional Claims Managers (PCM), a full service third party administrator specializing in multi-jurisdictional litigation and claims management, for an undisclosed amount. AJG ...
New York based Marsh & McLennan Agency (MMA) has purchased Howalt+McDowell Insurance, an independent agency in South Dakota, in an undisclosed deal. As per terms of the agreement, Howalt+McDowell's CEO Jeff Scherschligt and his staff will ...
US based underwriter Marsh & McLennan Agency (MMA), a subsidiary of broker Marsh, has acquired Progressive Benefit Solutions (PBS) for undisclosed terms and transactions. As per the deal agreed between both the parties, PBS will trade as ...
Tags: MMA, PBS, Raleigh market