Selected earnings highlights from Bermuda-based Aspen Insurance Holdings for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $666.6 mn $582.2 mn Net premiums earned ———– $513.4 mn …
UK-based RSA has appointed Clive Harrington-Rutterford as Global Portfolio Leader for its Construction & Engineering (C&E) business within its Global Specialty Lines (GSL) unit. He will be responsible for leading and developing the Construction & Engineering portfolios across RSA’s global …
The latest report on the insurance-linked securities (ILS) market from Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, reveals that “catastrophe bond issuance for the period reached $2.1billion, as investors continued to …
The Bermuda-based Arch Capital Group Ltd. announced that Mark D. Lyons will assume the position of Executive Vice President and CFO of the Company, effective September 1, 2012. He joined Arch in 2002 and currently serves as Chairman and CEO …
Ironshore Inc. has launched a specialty commercial crime product to be offered by its Lloyd’s Pembroke Syndicate 4000, based in London. Offering coverage limits up to GBP 20 million, Ironshore’s commercial crime coverage indemnifies an organization for losses resulting from …
A federal lawsuit filed on behalf of seven women accuses Virginia College’s Jackson branch of fraud, breach of contract and negligence in its medical assistants program. The lawsuit was filed last week in U.S. District Court in Jackson. It claims …
Becky Jackson of Austin, Texas, has been appointed by the Texas Department of Insurance to serve as a public representative member on the governing committee of the Texas Automobile Insurance Plan Association. Jackson was recommended by Office of Public Insurance …
Illinois-based insurance brokerage, Assurance, has added Avi Lev to its growing property/casualty insurance team as a vice president. Lev brings over five years of experience in the insurance industry with a special focus in real estate. He advises, strategizes and …
Fireman’s Fund Insurance Co. has appointed Leslie Rippley as commercial insurance zone executive for the West. She is based in the company’s Chicago office. Rippley will have underwriting responsibility and leadership for Fireman’s Fund’s middle market and small business in …
A Kern County jury has awarded $5.5 million to a woman who sued the manufacturer of a type of surgical mesh often used to treat urinary incontinence in women of post child-bearing age. The Bakersfield Californian reported that the jury …
