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Oct
07

Willis Predicts Insurance Market in Mexico Will Grow

The newly appointed CEO of Willis Mexico, Hilaire Damiron, believes the insurance market is poised for growth in the coming years, despite the many problems the country currently faces. Among the many maladies compounding the current situation in Mexico are; the detrimental impact to the economy by the global financial crisis, a flu pandemic, a drug war and natural disasters, including several hurricanes that have caused extensive damage to important highways and rail-road links.

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Oct
06

RSA Acquires GCAN from Ontario Teachers

RSA, the parent company of Royal & Sun Alliance, has recently acquired GCAN Insurance from the Ontario Teachers' Pension Plan Board in a cash deal worth US$420 million (EUR 303 million). With this acquisition, RSA effectively expands its foothold in the Canadian commercial insurance sector.

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