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Manning joins Canopius
Canopius has announced the appointment of Lloyd’s recently departed head of risk management Stephen Manning as its new chief risk officer.
22 August 2005
Integro hires former chairman of Frank B Hall
Broking start-up Integro has announced the appointment of John F McCaffrey, formerly chairman of Frank B Hall Consulting Co. and most recently head of market relations at Arthur J Gallagher & Co, as managing principal.
22 August 2005
Lloyd’s syndicate leads Venezuelan plane crash
The passenger plane that crashed in Venezuela on 16 August killing all 160 on board was insured out of Lloyd’s of London.
22 August 2005
AM Best upgrades ACE
Ratings agency AM Best has upgraded the financial strength ratings (FSR) on a number of ACE Ltd subsidiaries.
22 August 2005
Hiscox acquires fine art book
AIG-backed Lloyd’s insurer Ascot has withdrawn from fine art underwriting, it emerged last week.
22 August 2005
Fitch upgrades ZFS financial strength
Giant insurer Zurich Financial Services Group (ZFS) reported a strong set of half-year results last Thursday (18 August), prompting ratings agency Fitch to upgrade its financial strength ratings from “A” to “A+”.
22 August 2005
GoshawK profits warning refocuses attention on activist shareholder
GoshawK – the parent company of Bermudian reinsurer Rosemont Re – issued a profits warning last week as exposures from recent catastrophe losses continue to grow.
22 August 2005
Wellington to ‘exceed market expectations’ in H1 ‘05
In a trading update released to the London Stock Exchange this morning (22 August) Lloyd’s insurer Wellington Underwriting has said it expects to exceed market expectations for the first half of 2005.
22 August 2005
Chaucer forecasts improve
Lloyd’s insurer Chaucer revealed improved syndicate forecasts for both the 2003 and 2004 years of account, together with positive progress on the current year of account, as it released a trading update last Thursday (18 August).
22 August 2005
Brit reveals bullish trading statement
UK insurer Brit Insurance Holdings plc followed rivals Hiscox and Amlin in releasing a bullish trading statement last Friday (19 August), revealing its forthcoming half-year results will be "materially ahead" of expectations.
22 August 2005
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