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Guy Carpenter swoops for Converium D&O executive
Guy Carpenter has appointed Bill Henriques from embattled reinsurer Converium as a senior vice-president in its Professional Liability Specialty Practice.
01 November 2004
Chaucer’s S&P fillip
Rating agency Standard & Poor's has raised its Lloyd's Syndicate Assessment (LSA) on Chaucer Syndicate 1084 to '3' from '3-'.
01 November 2004
AIRMIC sets the European standard
AIRMIC has announced its risk management standard is to be taken on by risk managers across Europe.
23 June 2003
London market looks at Hull wordings
The Joint Hull Committee, a London market initiative representing hull underwriters from Lloyd’s and the companies market, has begun a review of the International Hull clauses launched last November.
16 June 2003
JLT opens Dubai base
UK headquartered broker JLT Risk Solutions has opened an office in Dubai’s International Financial Centre.
18 October 2004
Benfield launches D&O report
Reinsurance broker Benfield launched a new report devoted to the global D&O and Financial Lines last Wednesday (13 October).
18 October 2004
St. Paul's: cuts back reinsurance operations, takes $900m charge
In an effort to boost profitability St Paul's is planning a dramatic reduction in its International underwriting operations, which may include its non-Lloyd's UK operation, and to greatly reduce its reinsurance business including dropping Aviation and Cre
01 February 2002
XL replaces Lusardi
XL Capital has replaced Rob Lusardi, the head of one of its three core business units, with Paul Giordano.
11 October 2004
Kendrick benefits from ACE reshuffle
ACE's Syndicate 2488 underwriter Andrew Kendrick has been promoted to the role of president and chief executive officer of ACE Bermuda, replacing the current incumbent Mark Herman. Currently president of ACE Global Markets and a director of ACE INA UK
01 October 2003
Enron: Insurers claim JP Morgan "tricked" them
Insurers have claimed JP Morgan Chase “tricked, deceived and defrauded” them into underwriting approximately $2bn of finance deals with Enron, as the much-anticipated New York federal court trial finally got underway on 2 December.
01 December 2002
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