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Insurance specialist joins BLG
Law firm Barlow Lyde & Gilbert (BLG) announced today that insurance dispute specialist Maurice Kenton will join the firm as a partner.
22 January 2007
AIR estimates $5-10bn in European storm losses
Catastrophe risk modelling firm AIR Worldwide has estimated insured losses from windstorm Kyrill will be $5.2-10.4bn.
22 January 2007
Barrette replaces White Mountains execs
Bermudian (re)insurer White Mountains Insurance Group announced today (22 January) that Ray Barrette has taken over from Steve Fass as CEO and Jack Byrne as chairman.
22 January 2007
R&SA defends spin-off decision
UK insurer Royal & Sun Alliance Group plc's (R&SA) attempt to cut itself free from its US run-off business was heard at a public meeting last Friday (19 January).
22 January 2007
Goodman departs Cooper Gay
London-based reinsurance broker Cooper Gay has announced that Jeremy Goodman, the managing director of its US-based Cooper Gay Steele reinsurance broking operation, will leave the company for personal reasons.
22 January 2007
Levene welcomes Indian proposals
Lloyd's has welcomed news from India that its Finance Minister may open the country further to international investment.
22 January 2007
Omega launches $30mn offshore energy account
Bermudian-domiciled (re)insurer Omega Insurance Holdings is to launch a $30mn offshore energy account for its Lloyd's Syndicate 958 this year, it announced in a trading statement last week (16 January).
22 January 2007
‘No wind, no problem’ for reinsurers
It was a case of "no wind, no problem" for reinsurers during the recent renewal season, according to a report published last week by reinsurance broker Benfield Group.
22 January 2007
US cat losses down to $9bn last year
Insured US catastrophe losses were down to $9bn last year, according to figures published by ISO’s Property Claim Services (PCS) on 16 January.
22 January 2007
Hannover Re boosts 'K5' sidecar
Hannover Re has re-visited the capital markets in order to boost its Kaith Re "K5" securitisation to $520mn and expand its underwriting capacity.
22 January 2007
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