Bermuda-based Montpelier Re Holdings reported net income of $9.9 million ($0.13 per share) for the first quarter of 2010, and an operating loss of $23 million (-$0.31 per share). The reinsurer posted a $94 million loss, net of reinstatement premiums, …
Aon Benfield announced the launch of its latest innovative platform, named “MarketReView.” The bulletin described the new platform as a “secure, web-based portal” that “provides insurers with comprehensive information on reinsurers and the reinsurance market.” It “combines the most recently …
Zurich’s Global Energy group has expanded its market capacity for power generation business. Effective May 1, 2010, the unit will increase line size to $250 million from its previous $100 million capacity for the power generation segment of the unit’s …
NIF Group, Inc., a program administrator, MGA and specialty brokerage firm, has created a product for homeowners. The program is available in New York, New Jersey, Rhode Island, Connecticut and Massachusetts and focuses on coastal risks. An HO-3 and HO-8 …
Van Nuys, Calif.-based Momentous Insurance Brokerage Inc. has named Ryan Trent a sale executive. Trent joins Momentous from the insurance division of ADP, a payroll service provider. Trent has more than 10 years of experience in client service and relationship …
Chartis has introduced Premier Excess II, an excess policy designed to ease placement of follow form financial lines coverages by providing efficient replication of underlying terms and conditions at high limits of coverage. Developed by Chartis’ Cat Excess Liability Division, …
Victor O. Schinnerer & Co. Inc. has created a new kidnap and ransom program for houses of worship. Schinnerer’s Houses of Worship program is available to churches and religious organizations of any size or denomination. Insured persons can include directors, …
Recently, Leads360 published a breakthrough study explaining how many times your company should be calling each of leads that it purchases or generates. We received a lot of great feedback, but one of the questions that commonly came up was, …
Rockhill’s National Environmental Coverage Corp. (NECC) environmental unit has released a new lead safe contractors professional liability (CPL) program in response to new rules from the Environmental Protection Agency (EPA) that requires contractors performing work on homes, schools, or child-care …
EPIC (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, announced that Dana Liedel, who joined EPIC as principal and corporate development officer in November 2009, will assume the executive leadership role in the firm’s Employee …
