Bermuda-based White Mountains Insurance Group, Ltd. announced the formation of White Mountains Re Group, Ltd., a Bermuda-based holding company, and the appointment of Steven Fass as its President and CEO. White Mountains Re will combine Folksamerica Re, Fund American Re …
Assurex Global, the world’s largest privately held risk management, commercial insurance and employee benefits broker group, announced the launch of new software to enhance communication and information-sharing among its independent broker partners and commercial clients around the world at the …
AIR Worldwide Corporation announced the launch of Catastrophe Risk Engineering, described as “a new consultative service that analyzes high value or strategically significant properties to estimate potential human, financial and property losses in the event of a catastrophe.” AIR said …
Everest Re Group, Ltd. reported from its Barbados headquarters that first quarter 2004 after-tax operating income, which excludes realized capital gains and losses, was $151.5 million, or $2.67 per diluted share, a 45.6 percent increase compared to $104.1 million, or …
Standard & Poor’s Ratings Services announced that it will hold a telephone conference call on Tuesday April 20th, 2004, at 2:00 p.m. UK Time, 3:00 CET and 9:00 EDT to discuss the 2004 outlook for European insurance and reinsurance groups. …
Already writing $3.1 billion in premium, the 1,400 member independent insurance agency network Strategic Independent Agents Alliance, better known as SIAA, sees itself expanding to as many as 4,000 to 5,000 agencies nationwide over the next five to 10 years. …
Michael Mattoch Michael Mattoch and Peter Conlin were hired by the lobbying firm of Sacramento, Calif.-based Norwood & Associates. Mattoch will become a partner in the firm, which will change its name to Norwood & Mattoch. Mattoch was a chief …
William Moraw Houston-based Encore Bank named William Reed Moraw to manage its insurance agency operations. He becomes agency president upon completion of the bank’s acquisition of Town & Country Insurance Agency Inc. Moraw has more than a dozen years of …
John Oxendine The National Association of Insurance Commissioners (NAIC) recently announced that Georgia Insurance Commissioner John Oxendine has been named the NAIC liaison to the Hague Conference. In this role he will attend Hague Conventions throughout the year that focus …
Marita Zuraitis Worcestmer, Mass.-based insurer Allmerica Financial Corp. announced that Marita Zuraitis has been named president of Allmerica’s property/casualty companies, effective April 19. As president, Zuraitis will be responsible for the personal and commercial lines operations at Citizens Insurance Company …
