News

Chicago-based insurance broker Aon's Aon Private Risk Management (APRM) group said it has opened an office in Geneva for the ultra high net worth sector.

Maurice Greenberg's reputation and pride took a bigger hit than his wallet in his deal with the SEC to settle charges of accounting fraud at AIG, says NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapBox.com.

Partner Reinsurance was the champion in an 11-team Insurance Industry Charitable Foundation (IICF) softball tournament, hosted by Aon Benfield, it was announced.

Producers should be able to collect annuity sales commissions even when they have not recommended the transactions, insurance industry commenters say.

An Aug. 8 article concerning Maurice Greenberg's settlement with the Securities and Exchange Commission stated incorrectly that the SEC made securities fraud allegations against him.

Markel Corporation has named Henry Lopez as president for Markel Midwest, the Richmond, Va.-based specialty insurer said.