Guy Carpenter & Company announced that it has named Henry Keeling as President & Chief Executive Officer of International Operations, effective August 1, 2009. He will also chair Guy Carpenter’s International Board and will be responsible for its operations in …
Bermuda-based Flagstone Reinsurance Holdings Limited has tossed its hat into the ring of potential merger partners for IPC Re. The company announced that it has made an offer to the Board of IPC Re to acquire all of the company’s …
Atlanta-based commercial insurance brokerage and consulting firm Beecher Carlson has appointed Kevin Grady as managing director based in its Nashville, Tenn., office. Grady, who has 20 years of experience in analytics, will focus on the management of Beecher Carlson’s ZOOM …
A.M. Best Co. has commented that the financial strength rating of ‘A ‘(Excellent) and issuer credit ratings of “a” of Bermuda-based IPCRe Limited and IPCRe Europe Limited (Dublin, Ireland), both reinsurance subsidiaries of IPC Holdings Ltd. “remain under review with …
It was to be the comeback of the young century: Michael Jackson using the “This is It” tour to retake his throne as King of Pop, lord of the dance and darling of the masses. What grander stage than London …
A.M. Best Co. commented that the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Tower Group Companies and its pooled members, the FSR of ‘A-‘ (Excellent) and ICR of “a-” of Bermuda-based CastlePoint …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Wind River Reinsurance Company, Ltd. and its U.S. subsidiaries. Best also affirmed the ICR of “bbb” of the …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its U.S. subsidiaries. Best also affirmed the ICR of “bbb” of the parent holding company, …
Wholesale commercial insurance brokerage NAPCO has relocated its corporate headquarters to an 11,000-square foot office inside the Woodbridge Hotel and Conference Center complex in Iselin, New Jersey. NAPCO says the move was prompted by steady growth in the catastrophic coverage …
With many insurers and financial institutions looking to fund potential capital shortfalls by divesting non-core insurance businesses at attractive valuations, strategic buyers and sovereign wealth funds may be able to expand into new markets through acquisition, according to Deloitte’s “The …
