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  • Guy Carpenter has appointed Bill Henriques from embattled reinsurer Converium as a senior vice-president in its Professional Liability Specialty Practice.
  • Rating agency Standard & Poor's has raised its Lloyd's Syndicate Assessment (LSA) on Chaucer Syndicate 1084 to '3' from '3-'.
  • AIRMIC has announced its risk management standard is to be taken on by risk managers across Europe.
  • 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.
  • UK headquartered broker JLT Risk Solutions has opened an office in Dubai’s International Financial Centre.
  • Reinsurance broker Benfield launched a new report devoted to the global D&O and Financial Lines last Wednesday (13 October).
  • 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
  • XL Capital has replaced Rob Lusardi, the head of one of its three core business units, with Paul Giordano.
  • 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
  • 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.