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Endurance premiums rise on specialty growth
Endurance Specialty Holdings Ltd booked year-on-year premium growth in excess of 10 percent as it reported 2006 net profits of $498.1mn and record annual return on equity (ROE) of 25.6 percent.
12 February 2007
Beazley launches US commercial property business
Lloyd's insurer Beazley Group plc has announced that it will begin underwriting US commercial property business on an admitted basis.
12 February 2007
Internet trading launched with Easy Placement
Market information and analysis firm Advisen Ltd has teamed up with messaging specialist Web Connectivity Ltd to launch, Easy Placement, a web-based software programme that enables brokers to...
12 February 2007
Eckert retires from ZFS
Giant Swiss insurer Zurich Financial Services Group (ZFS) has announced Peter Eckert, the group’s chief operating officer, is to retire at the end of the month.
12 February 2007
White appointed as new Lloyd’s deputy chairman
Veteran London market figure Graham White was appointed as the new deputy chairman of Lloyd's by the Council of Lloyd's on 5 February.
12 February 2007
AIG unit boosts terrorism capacity
Giant US insurer American International Group's (AIG) Lexington Insurance Co has increased its capacity of commercial domestic property terrorism insurance to $250mn from $100mn.
12 February 2007
‘Gold-plated’ reinsurance key to Equitas deal
"Gold-plated" reinsurance was key to the landmark $7bn deal between Equitas and Berkshire Hathaway according to Scott Moser, CEO of the Lloyd's run-off vehicle.
12 February 2007
Benfield continues to bolster Fac team
Reinsurance broker Benfield Group has bolstered its Fac team again with the appointment of Michael Lazarus as head for Australia, New Zealand and South Africa.
12 February 2007
Guy Carp appoints Junnarkar as CFO
Reinsurance broker Guy Carpenter has appointed Ajay Junnarkar as its chief financial officer as it seeks to "further its capital markets capabilities".
12 February 2007
JLT stock rises despite sell status
Numis Securities lowered its earnings forecast on the UK-headquartered broker Jardine Lloyd Thompson Group plc (JLT) and reiterated its sell recommendation on the company's stock.
12 February 2007
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