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Gallagher confirms new $500mn credit facility
AJ Gallagher said last week it had entered into a new $500mn unsecured credit facility to replace one expiring later this year.
19 July 2010
Guy Carp brings in market veteran to replace defecting marine MD
Reinsurance broker Guy Carpenter has hired Walsham Brothers veteran Martin Pepper to replace Jack Stephenson as head of its London-based marine and energy practice.
19 July 2010
Head of Willis London P&C operation to go it alone
Mark Parker, the head of one of Willis’s international P&C London market operations, has left the broker, The Insurance Insider has learnt.
19 July 2010
Swett & Crawford without an exec at the top table
The UK-registered holding company created as part of the merger between Cooper Gay and Swett & Crawford has no representatives from the latter's executive management team, The Insurance Insider can reveal.
19 July 2010
HRH veterans re-emerge with new US broker
Two years after Willis acquired rival broker Hilb Rogal Hobbs (HRH), senior former HRH executives have emerged at the head of a new US broker consolidator The Hilb Group.
19 July 2010
Ryan makes first acquisition
R-T Specialty, the wholesale arm of Pat Ryan's broking start-up, has made its first acquisition, picking up California-based wholesaler Chartwell Independent Insurance Brokers.
19 July 2010
Talent – the ultimate contrarian indicator
It's a headhunters' market out there.
19 July 2010
Chaucer sets up Latin American fac operation
Lloyd's insurer Chaucer is opening a new office in Buenos Aires to write facultative property business, as it looks to exploit hardening rates in the wake of the Chile earthquake.
19 July 2010
Levene insists he can combine bank and Lloyd’s roles
Lord Levene is adamant that he can continue to fulfil his responsibilities as Lloyd's chairman despite his new role as executive chairman of an unnamed start-up looking to muscle its way into the UK consumer banking sector.
19 July 2010
Duo to replace HCC Global chief
HCC Global has appointed joint CEOs to head up the firm's international operations, replacing Matthew Fairfield.
19 July 2010
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