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HCC wins Syndicate 4040 auction
International specialty (re)insurer HCC Insurance Holdings has succeeded in a knock-out bid for the remaining third-party capacity on its £54mn Lloyd's Syndicate 4040.
28 August 2009
Employers Re head predicts new era
Ron Pressman, the chairman and president of Employers Re, predicted a new era for the reinsurer as it looks to the future after the debilitating losses of recent years.
14 June 2004
Aon’s shares surge on strong quarter
The honeymoon period for new Aon chief executive Gregory Case continued last week after shares in the broking giant soared 17 percent following a strong second quarter.
08 August 2005
Start-up wholesaler hires senior VP
Start-up US wholesale broker Mercator Risk Services Inc has hired Michael Connelly as senior vice president and manager of its Midwest Casualty operation.
22 May 2006
Everest Re sets tone for Bermuda’s reinsurers
Everest Re Group Ltd opened the mid-year reporting season for the Bermudian (re)insurers on the 24 July and set an upbeat tone with a strong set of figures.
26 July 2006
Bartley to step down as MMC CFO
Marsh & McLennan Companies (MMC) announced that CFO Matthew Bartley will become the latest senior executive to leave the company.
09 June 2008
Management reshuffle at PartnerRe
Bermudian reinsurer PartnerRe has announced a number of senior management changes in its global (non-US) operations.
09 June 2008
Alea falls to heavy loss on investments
Run-off (re)insurer Alea Group booked a net loss of $44.7mn in the first six months of 2009, compared to the small profit of $819,000 in the first half of 2008.
07 September 2009
XL super charge prompts rating downgrades
Bermudian giant XL Capital followed its surprise third quarter $184mn pre-tax reserve charge with a higher than expected $694mn pre-tax charge in the fourth quarter prompting ratings downgrades from Moody’s and Standard & Poor’s (S&P).
19 January 2004
Omni Whittington captures Talbot run-off
UK run-off firm Omni Whittington Capital Management Ltd will manage the affairs of Talbot’s loss-struck Syndicate 376 when a novation of the managing agent’s agreements occurs later this year.
26 January 2004
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