June 2004/3

Moody’s and AM Best have respectively assigned A3 and BBB+ ratings to ACE INA’s proposed $500mn senior unsecured debt issue, announced last Wednesday (3 June).

SVB Holdings has appointed Stuart Quinlan to the newly-created post of underwriting development director at its specialist liability subsidiary, Novae Underwriting.

Disgraced broking group Stirling Cooke Brown (SCB) – now renamed AlpahStar Insurance Group - is considering suing co-founder Nicholas Brown for his involvement in the group’s collapse.

UK broker Jardine Lloyd Thompson (JLT) has been voted European Commercial Broker of the Year, in a poll of more than 2,000 UK and European risk managers.