August 2007/3

UK Bank HBOS plc has appointed the Aon UK chief operating officer Philip Gore-Randall to join the firm as part of a wider restructuring of its management.

Berkley Insurance Co, a subsidiary of US (re)insurer WR Berkley, is opening an Australian operation to write casualty facultative and treaty reinsurance.

Bermudian firm White Mountains Re has appointed Dwight Evans, the former head of Arch Worldwide, as executive vice president.

Consultancy Towers Perrin has announced that its chairman, John Goldsmith, is to step down from the post and retire.

Reinsurance broker Guy Carpenter has appointed Rupert Bedford as head of broking for the UK operations of GCFac, the firm's dedicated facultative reinsurance unit

The average premium per airline renewal this year has dropped $1mn in comparison with last year, according to a report by Aon Aviation.

Giant US insurer American International Group (AIG) has entered into an agreement to acquire Wurttembergische und Badische Versicherungs-AG (Wuba), its subsidiaries including DARAG Deutsche Versicherungs- und Ruckversicherungs-AG (DARAG) from associates o

Forecaster Tropical Storm Risk (TSR) has lowered its latest North Atlantic hurricane season prediction from 40 percent above normal activity to 35 percent.

Broker Aon Corp has confirmed that Geoff Bromley, the former chairman of Guy Carpenter’s European and Asian operations, will join Aon Re Global as vice chairman, as first revealed by The Insurance Insider.

Broking giant Marsh is set to resume taking fees from insurers for some of the services it provides customers.

Andrew Carrier, the former active underwriter of Kiln’s Lloyd’s Syndicate 557 and the reinsurance division of its Syndicate 510, will join Bermudian firm Peleus Re later this year.

“Class of 2005” start-up Flagstone Reinsurance Holdings Ltd reported Q2 profits hit by $31mn losses from the UK floods in June and $23.5mn from the Australian storm and flooding.