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Hammond joins Alexander Forbes
Alexander Forbes has appointed Mike Hammond, the former Marsh UK chief executive and JLT Risk Solutions chief executive, as the deputy chairman of its International Risk Services business.
30 May 2006
Converium back in black from declining income
Swiss reinsurer Converium reported its net income of $61.6mn in its first quarter results, taking the company back to a profit after a $5.5mn loss in the prior-year period.
30 May 2006
RenRe elects Klehm to board
Bermudian reinsurer RenaissanceRe has elected Henry Klehm III to its board of directors - bringing the total on the board to 11 of which nine are independent.
30 May 2006
Two more join Integro
Fast-growing start-up broker Integro has announced two more new appointments in the last week.
30 May 2006
Windsor completes acquisition of Argonaut
UK broker Windsor plc has acquired the remaining minority interests in Argonaut Indemnity to become the sole owner of the company.
30 May 2006
Glencairn opens Moscow office
London market broker Glencairn Ltd today (30 May) announced the opening of its Moscow office.
30 May 2006
BP Marsh continues to grow
BP Marsh & Partners plc, the London-based investor in specialist insurance and other financial services related companies, grew its net asset value by 16.3 percent last year.
30 May 2006
Alea sells US arm to Hannover Re subsidiary
The run-off (re)insurance group Alea Group Holdings Ltd has sold its US insurance arm to a unit of Praetorian Financial Group Inc, the US specialty arm of Hannover Re.
30 May 2006
London Market welcomes contract documentation initiative
Key parties in the London Market, including the London Market Association (LMA), the G6 and Xchanging have welcomed Lloyd's CEO Richard Ward's contract documentation initiative, which was announced last Monday (22 May).
30 May 2006
Heritage still aims for IPO despite Rock loss
Heritage Underwriting Agency plc is still keen to proceed with its planned Alternative Investment Market (AIM) flotation despite the sudden resignation of its renowned underwriter, Les Rock.
30 May 2006
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