April 30, 2007
The Main Street America Group announced that Steve Berry has joined the super regional property-casualty insurance carrier as president of its New England Region. Berry, who has background leading property/casualty sales operations in the New England marketplace, will report to …
April 30, 2007
The National Association of Professional Insurance Agents has introduced the newest additions to its compelling PIA Branding Program, “Local Agents Serving Main Street America.” Both ads concentrate on commercial lines insurance and feature female business owners. “These new ads designed …
April 30, 2007
Bermuda-based AXIS Capital Holdings Limited expects to release financial results for the first quarter ended March 31, 2007, today, April 30, 2007, after the close of the financial markets. John Charman, CEO and President, and David Greenfield, CFO, will host …
April 30, 2007
The costs of cutting greenhouse gases and who will pay for doing it are likely to be the key issues at a major U.N.-backed climate change meeting of scientists and diplomats in the Thai capital this week, participants said Sunday. …
April 30, 2007
A moderate earthquake rattled parts of southeast England Saturday morning, toppling chimneys from houses and rousing residents from their beds. Several thousand people were left without power after the quake in the county of Kent. The only reported casualty was …
April 30, 2007
Transatlantic Holdings, Inc. reported that its net income for the first quarter of 2007 increased 5.2 percent to $107.2 million, or $1.61 per common share (diluted), compared to $102.0 million, or $1.54 per common share (diluted), in the first quarter …
April 30, 2007
Standard & Poor’s Ratings Services reacted to the announcement of the joint venture agreement between Ceska pojistovna a.s. (Ceska) and Italy’s Generali Group (See IJ web site April 27) by placing the Czech insurer’s “BBB” counterparty credit and insurer financial …
April 30, 2007
Swiss Re announced that it has successfully settled its first Australian dollar bond today with a perpetual subordinated step-up notes transaction, totaling A$750 million (US$620 million). Swiss Re noted that the “two-tranche transaction represents one of the first issues of …
April 30, 2007
Germany’s Allianz SE (Societas Europaea) announced that upon the closing of the tender offer for the outstanding shares of its French subsidiary AGF, it will hold (directly and through its subsidiary Allianz Holding France SAS) 178,030,698 shares – representing 92.18 …
April 30, 2007
Bermuda-based Aspen Insurance Holdings Limited announced that Nathan Warde has been appointed President of Aspen Insurance U.S., with immediate effect. He will report directly to Chris O’Kane, Aspen’s CEO. Warde assumes responsibility for Aspen’s insurance operations in the United States …