The UK’s Royal & Sun Alliance Insurance Group plc has acquired the Fyfe Group, a UK retail and wholesale intermediary specializing in motor trade products for small businesses. “In 2007 it delivered £10.1 million [$19.7 million] of gross written premiums …
Munich Re announced that, following the opening of the Brazilian reinsurance market (See IJ web site – https://www.insurancejournal.com/news/international/2007/12/27/85928.htm), it plans to establish a subsidiary in São Paulo. The reinsurer noted that choosing this site “is the solution that secures the …
Bermuda’s Endurance Specialty Holdings Ltd. reported net income of $152.5 million and $2.18 per diluted common share for the fourth quarter of 2007, compared to $198.8 million and $2.70 per diluted common share in the fourth quarter of 2006. For …
Global broker Willis Group Holdings reported fourth quarter and full year revenues that were slightly less than those posted in 2006, even though gross revenues from commissions and fees were somewhat higher. Net income for the quarter ended December 31, …
The subprime mortgage crisis that has dragged down the profits of many insurers, especially in the fourth quarter of 2007, doesn’t seem to have affected Aspen Insurance Holdings Limited. The Bermuda-based Company announced fourth quarter net income of $135.2 million, …
Brooke Capital Corp. recently announced the election of James R. Zuhlke as executive vice president for its insurance company operations. Zuhlke, 61, is responsible for Brooke Capital Corp.’s auto insurance company operations and is the company’s counterpart to Dane Devlin, …
QuotesAuction.com is offering high quality insurance leads by separating them into individual categories. North Hollywood, CA – February 7, 2008 – QuotesAuction.com specializes in partnering with agents and brokers who purchase leads to increase business. By offering high quality leads …
Encompass Insurance is offering Nevada agents a new product, Encompass Edge, that combines accident forgiveness and more discounts with sophisticated rating tiers to help keep rates competitive. “Producers are delighted by the new rates and the ability to write a …
Lockton, a large privately held insurance brokerage firm headquartered in Kansas City, Mo., has opened a Phoenix office. The new office marks its twentieth in the United States and its forty-sixth location globally. Todd Newton, senior vice president and a …
Ronald Jamero has been appointed claims manager for the California State Fund’s State Contract Services, Rohnert Park. Jamero began his State Fund career when he was hired in 1991 as a claims adjuster for the organization’s Santa Rosa district office. …
