insurance broker

• NATO Summit Has Chicago-Area Risk Managers Tuning-up Disaster Plans

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 17, 2012

  Just in case this weekend’s NATO summit in Chicago leads to violence and rioting, as has happened in other cities hosting world leaders, at least one insurer is reminding risk managers to prepare for the worst and hope for the best.

• Cat Bond Placements Reach Q1 Record

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 14, 2012

  Cat bond activity reached record levels in the first quarter of this year, exceeding last year’s placements by more than $300 million, says a leading reinsurance broker.

• Aon to Broker World’s Tallest Solar Station in Arizona

  By Anya Khalamayzer, PropertyCasualty360.com  |  May 14, 2012

  Aon Risk Solutions has teamed with Australian renewable-energy developer EnviroMission Ltd. to provide insurance and risk consulting for the La Paz Solar Tower station development in Arizona.

• The Long, Lethal Shadow of Asbestos

  By Ben Berkowitz, Reuters  |  May 11, 2012

  As anyone in the United States with a TV or Internet connection probably knows, lawyers want you if you've been exposed to asbestos, and they're paying to get you.

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  Marsh: 2011 Cats Provide Lessons for Policyholders

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 10, 2012

  The catastrophes of 2011 were notable for their frequency and severity, and insureds should take away lessons from the year regarding what to look for in insurance policies to maximize coverage for future events, insurance broker Marsh says.

• Aon Net Income Off 3% on Expense & Investment

  By Mark E. Ruquet, PropertyCasualty360.com  |  May 4, 2012

  Aon reports net income dropped 3 percent for the first quarter of this year as foreign exchange translation and investment in internal operations impacted the results.

• Lockton Acquires its Minority Stake in Foreign Operations

  By Staff Writer  |  May 1, 2012

  Lockton says it has acquired the minority stake in its operations outside the United States held by Trident III, L.P., an investment fund managed by Stone Point Capital LLC

• Airline & Aviation Insurance Market Turns a Profit in 2011

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 30, 2012

  The airline and aviation insurance markets report a profit for the first time in five years as airline losses and passenger fatalities dropped to all-time lows, says a report from insurance-broker Willis.

• Willis Group Profit Beats Estimates; Withdraws Forecast

  By Reuters  |  April 27, 2012

  Willis Group Holdings posted a higher first-quarter profit that topped Wall Street estimates, as it earned more from commissions and fees, but the insurance broker withdrew its previous forecasts due to uncertainty in some operations.

• Trust but Verify

  By Barry Zalma  |  April 25, 2012

  Agents shouldn’t represent foreign insurers that can’t pay claims