August 15, 2012
The Bermuda-based Catlin Group Limited announced that Daniel Curran has been appointed Head of Casualty for Catlin’s London based underwriting operations. He will have responsibility for “a wide range of business classes underwritten by the Catlin Syndicate at Lloyd’s and …
July 24, 2012
Pioneer Underwriting, which conducts business in partnership with Liberty Syndicates, has launched a new specialty unit, Pioneer PI that will commence underwriting on August 1, 2012. The new platform will be a Lloyd’s registered consortium and will write both international …
July 20, 2012
Bermuda-based Montpelier Re Holdings Ltd., which specializes in short-tail reinsurance and other specialty lines, announced that John Dalton has been appointed President of Montpelier Underwriting Inc. (MUI), effective immediately. He will report to Richard Chattock, Chief Underwriting Officer at Montpelier …
July 13, 2012
“Insurance is, arguably, only as effective as the way it pays claims,” says a bulletin from Lloyd’s of London, marking the first anniversary of its Claims Transformation Program, which, it noted, is “changing the way in which Lloyd’s handles claims.” …
July 13, 2012
Global insurer RSA has become the latest member of the London-based Managing General Agents’ Association (MGAA), which now has 50 members with a combined underwriting capacity of £1.4 billion [$2.33 billion] in gross written premiums per annum. Reg Brown, chairman …
July 11, 2012
Fitch Ratings has affirmed Lloyd’s of London’s Insurer Financial Strength (IFS) rating at ‘A+’, and the Society of Lloyd’s Long-term Issuer Default Rating (IDR) at ‘A’ as well as Lloyd’s Insurance Company (China) Ltd’s IFS rating at ‘A+’. All three …
July 9, 2012
Florida Gov. Rick Scott is jetting off for foreign soil again — this time to the United Kingdom. Scott and his entourage left Saturday on a five-day trip that will include a visit to the world’s leading market for specialist …
July 3, 2012
Chicago-based CNA Financial Corporation and Hardy Underwriting Bermuda Limited announced the successful completion of CNA’s acquisition of Hardy, which was approved by Hardy shareholders in April 2012. The bulletin also said that “regulatory approvals for the transaction, including from Lloyd’s …
June 28, 2012
Lloyd’s insurer Marketform Managing Agency Ltd announced that Interim CEO John O’Neill has been appointed CEO with immediate effect. Marketform’s Chairman John Mumford noted that the “board, together with its majority shareholders Great American, were greatly encouraged by O’Neill’s leadership …
June 25, 2012
Lloyd’s has published a roundup of the environmental issues inherent in as the world grows warmer. The recently concluded Rio +20 Conference was an attempt – 20 years after the first conference – “to try to reach agreement on sustainable …