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European stocks well valued after good run
2005 was a terrific year for European insurance stocks, but investors should now prefer the life sector, over property & casualty, warned analysts at Merrill Lynch.
16 January 2006
Nissan takes $1bn in Fortress Re losses
Nissan Fire & Marine now estimated its aviation losses in connection with reinsurance contracts written by managing agent Fortress Re now total 128.8bn yen ($1.035bn).
01 June 2002
XL Re appoints Hindle
Reinsurer XL Re has announced the appointment of Jeremy Hindle as ceded reinsurance and underwriting risk manager.
12 July 2004
AXIS officially opens Dublin headquarters
Fast growing Bermudian post-9/11 start-up AXIS capital saw its new European headquarters officially opened in Dublin last Wednesday (8 July) by Irish finance minister Charlie McCreevy TD.
12 July 2004
SVB appoint compliance head
Lloyd’s insurer SVB has appointed Stephen Heming as head of Group Compliance and a director of underwriting. Previously Heming was compliance officer and company secretary at Illium Managing Agency and he has also held compliance posts...
30 January 2006
Willis poaches JLT D&O team
Willis Group has confirmed that it has recruited a team of Jardine Lloyd Thompson's (JLT) Financial and Professional lines brokers led by Julian Martin, the recent leader of JLT's UK D&O team.
11 August 2006
Wallace - permanent Lloyd's ban
Andrew Wallace, the former Chief Executive of Crowe Syndicate Management and active underwriter for Syndicate 963 has been banned from Lloyd’s after admitting to charges of misconduct.
01 February 2002
Eklund leaves RenRe – start of a trend?
Bermudian reinsurer RenaissanceRe revealed last Wednesday (23 June) that stalwart and chief underwriting officer David Eklund has resigned from the group “to pursue personal interests”.
28 June 2004
Two more join Integro
Fast-growing start-up broker Integro has announced two more new appointments in the last week.
30 May 2006
Benfield moves towards electronic documentation
Reinsurance broker Benfield has announced that it can now provide all technical documentation (including claims advice, claims settlement, premium credit closing and treaty balance), in a paperless, electronic format.
21 June 2004
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