February 2005/4

Fast growing post-9/11 start-up Endurance last Wednesday (16 February) reported 2004 profits well up on the previous year as it shrugged off the impact of the season's catastrophe losses.

Heath Lambert Group has announced the appointment of Nigel Godwin as executive director within its Major Accounts Group.

A strong final quarter from “Class of 2001” alumni Montpelier Re failed to prevent its full year profits from slumping from $407.1mn in 2003 to $240.3mn in 2004.

Influential rating agency Standard & Poor’s (S&P) announced on 17 February that it was placing the ratings of Swiss financial services giant Zurich Financial Services (ZFS) on CreditWatch with negative implications, following the revelation that the compa

The final round of a legal marathon got underway last week, with the appearance in a Los Angeles court of French holding company Artemis in relation to its 1991 acquisition of the Executive Life insurance company.

The sudden departure of Marie-Louise Rossi from the International Association of Underwriting (IUA) has led to suggestions her parting was less than amicable – a view the IUA refused to contradict.

Broker Marsh looks set to announce more job redundancies as the result of an ongoing cost-cutting programme.