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HCC files $1bn shelf registration
US insurer HCC Insurance Holdings filed a $1bn "Universal Shelf" Registration Statement with the Securities and Exchange Commission (SEC) last Friday (26 May).
30 May 2006
Lloyd's insurers upbeat on trading statements
The London market is enjoying strong rate rises in 2006, according to trading statements from three leading quoted Lloyd's (re)insurers.
30 May 2006
Benfield potential factored into stock, says analyst
Analysts from Merrill Lynch have downgraded shares in broker Benfield to neutral noting that, although they believe the company is "entering a phase of rapid earnings growth", this is largely reflected in the current share price.
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
Marsh parts company with Carnegie-Brown
Bruce Carnegie-Brown resigned unexpectedly as president and CEO of the Europe and Middle East region of Marsh Inc last week, after just three years at the firm.
30 May 2006
Quanta goes into run-off
Embattled Bermudian (re)insurer Quanta Capital Holdings will move most lines of business into run-off, the company announced today (26 May).
26 May 2006
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.
26 May 2006
Carnegie-Brown quits Marsh
Bruce Carnegie-Brown has resigned suddenly as president and CEO of the Europe and Middle East region of Marsh Inc after just three years at the firm.
25 May 2006
Alexander Forbes in R380mn “bulking” settlement
Alexander Forbes Group Ltd has announced a Rand380mn (£31mn) settlement with South African regulators over its practice of “bulking” pension funds and said the package will reduce its 2005 earnings by 20 percent.
25 May 2006
Lloyd’s insurers upbeat on trading statements
The London market is enjoying strong rate rises in 2006, according to trading statements from three leading quoted Lloyd’s (re)insurers.
25 May 2006
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