October 5, 2009
Willis, Ireland Willis Group Holdings Limited wants to change the company’s place of incorporation from Bermuda to Ireland. Shareholders will vote on the measure at a meeting in three or four months. The change also requires the approval of the …
October 5, 2009
Guy Carpenter & Co., LLC, a global risk and reinsurance specialist, has agreed to buy London-based reinsurance broker Rattner Mackenzie Limited (RML) from HCC Insurance Holdings, Inc. HCC is a specialty insurance group headquartered in Houston, Texas, with offices in …
October 5, 2009
Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s” – London’s financial and …
October 5, 2009
Systems Changes, Technology, Talent Pool Position London Market for the Future London’s insurance market comprises general carriers, specialty carriers, reinsurers, brokers, underwriters, claims handlers, lawyers, accountants and their adjuncts, who work together to sell “The City’s”— London’s financial and insurance …
October 1, 2009
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited , Australia’s QBE Insurance (International) Limited and QBE Reinsurance (Europe) Limited, which is based …
September 29, 2009
The Dublin International Insurance & Management Association (DIMA), the representative body for the international re/insurance industry in Ireland, has announced “another record year of premium income growth,” despite the serious economic effects of the current recession on the overall Irish …
September 25, 2009
The ACE European Group has announced a new operating structure in the UK and Ireland with the creation of two distinct business segments, a new senior regional management structure and the launch of a suite of cross-class products targeting a …
September 21, 2009
Willis Group Holdings Limited has announced that its Board of Directors has approved changing the company’s place of incorporation from Bermuda to Ireland. Willis’ shareholders will vote on the measure to change the place of incorporation, also known as a …
September 10, 2009
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength ratings of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Validus Reinsurance, as well as IPCRe Limited (Bermuda) and IPCRe Europe …
September 4, 2009
Patrick J. Burke has been appointed as a senior vice president with Stephens Insurance LLC, based in Little Rock, Ark. Burke has spent the last 30 years advising select utilities and utilities mutual insurance companies. He has designed risk coverage …