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Frankland takes over Guy Carp’s UK operations
Nick Frankland, has been appointed as CEO of reinsurance broker Guy Carpenter’s UK operations following David Priebe’s return to the US as head of Global Specialty Group.
22 January 2007
Validus Re and Greenlight Re confirm IPO plans
Validus Holdings Ltd and Greenlight Capital Re Ltd have become the third and fourth reinsurers formed after Hurricane Katrina to confirm plans for initial public offerings (IPO).
17 January 2007
Omega launches $30mn offshore energy account
Bermudian-domiciled (re)insurer is to launch a $30mn offshore energy account for its Lloyd’s Syndicate 958 this year, it announced in a trading statement yesterday (16 January).
17 January 2007
Hannover Re boosts 'K5' securitisation
Hannover Re has re-visited the capital markets in order to boost its Kaith Re "K5" securitisation to $520mn and expand the reinsurer’s underwriting capacity.
17 January 2007
Deloitte boosts insurance team
Mark Adams has joined "big four" accounting firm Deloitte as a partner in the Reorganisation Services practice where he will lead the insurance restructuring team.
15 January 2007
Ex Lloyd’s finance chief to head Aviva
Andrew Moss, the former Lloyd’s finance director, was the surprise choice to replace retiring Aviva chief executive Richard Harvey later this year.
15 January 2007
ACE Europe undergoes management makeover
ACE European Group announced a series of changes to its management personnel and structure on 10 January.
15 January 2007
Lloyd’s exec joins expanding Lockton International
After nine years at the Corporation, Lloyd’s director of Worldwide Markets, Julian James, is returning to the broking industry after announcing he is to join Lockton International.
15 January 2007
Swiss Re launches $700mn mortality cat bond Vita III
Affirming Swiss Re's position as a leading distributor of risk to the capital markets is the Vita Capital III securitisation which saw the reinsurer recently issue $700mn of mortality catastrophe notes.
15 January 2007
Vaughan succeeds Singer at Tawa
Run-off company Tawa Management Ltd, part of the Tawa Group, has announced that David Vaughan succeeded Philip Singer as its CEO on 1 January.
15 January 2007
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