March 10, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Tattoo & Body Piercing Nuts & Bolts: Professional Program Insurance Brokerage has enhanced its tattoo …
March 10, 2008
Nanotechnology presents great opportunity, but the impact on insurance is still unknown Insurance professionals gathered in the oak-paneled Old Library of Lloyd’s of London this past December to learn more about a risk that the institution’s 17th century founders could …
March 7, 2008
The Bermuda-based Catlin Group Limited, which does business in the UK, the Lloyd’s market and the U.S., reported a 4 percent rise in pretax net income for 2007 to $543 million, compared to $520.5 million for 2006. Other financial highlights …
March 6, 2008
Willis Group Holdings has appointed Nigel Brunning as senior vice president and regional partner for Willis of Louisiana Inc., the company announced. Brunning’s responsibilities include branch management of Willis’ operations in Louisiana while expanding the existing client base in both …
March 5, 2008
ATLANTA, March 5, 2008 – Insurance Specialty Group, LLC (“ISG”) is the holding company, which owns Pacific Wholesale Insurance Brokers, LLC (“PWIB”). ISG is pleased to announce the change of business name of its wholesale brokering operations from PWIB to …
March 5, 2008
Florida-based Brown & Brown Inc. opened a London-based wholesale brokerage, Decus Insurance Brokers, Limited (D.I.B.) on March 1. According to Regional Executive Vice President Anthony T. Strianese, D.I.B. is Brown & Brown’s first operation based outside of the U.S. D.I.B.’s …
March 5, 2008
AXA Advisory Holdings announced that it has made a formal offer to purchase 100 percent of the share capital of SBJ Group. The offer has been unanimously recommended by the Board of SBJ and will be submitted to its shareholders. …
March 5, 2008
Bermuda-based Aspen Insurance Holdings Limited has promoted Simon Mason to the role of Deputy Head of Marine & Energy, International Insurance, effective immediately. He will take on greater management responsibilities, and will continue to report to John Henderson, Head of …
March 4, 2008
Bermuda-based Hiscox Ltd. posted a strong profit gain in 2007. Results, released yesterday, March 3, showed a record setting £237.2 million ($471 million) pretax profit, compared to £201.1 million ($399.5 million) in 2006. Other financial highlights included the following: — …
March 4, 2008
Standard & Poor’s Ratings Services has revised its outlook on U.K.-based Novae – Syndicate 2007 to positive from stable. S&P also affirmed its Lloyd’s Syndicate Assessment (LSA) of ‘2+’ (high dependency) on the syndicate. The revision reflects S& P’s “expectation …