W. R. Berkley Corporation announced that it has agreed in principle to purchase the 20 percent minority interest in W. R. Berkley Insurance (Europe), Limited held by Kiln Ltd. for approximately $50.1 million (£24.5 million), subject to the approval of …
Guy Carpenter & Company announced that Mark Newman, Hugh Powell and John Trace have been named Co-Leaders of GCFac ®, Guy Carpenter’ s dedicated global facultative reinsurance unit. Britt Newhouse, President of Guy Carpenter’ s Americas Operations, indicated that the …
The Hartford Financial Services Group announced that it is expanding its existing international professional liability underwriting capabilities with the opening of a new office in London. Following the success of its U.S. professional liability program, launched in 2001, Hartford sought …
Bermuda-based Validus Holdings Limited reported net income for the quarter ended September 30, 2007 of $136.5 million, or $1.90 per diluted common share, compared with $69.7 million, or $1.19 per diluted common share, for the quarter ended September 30, 2006. …
Guy Carpenter & Company, LLC, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has announced the appointment of Chris Klein to head its newly formed Business Intelligence Group/Research & Development Group. He will be based in …
Navigators Pro, a division of Navigators Management Company, has introduced the Broker InNAVation Securities Broker/Dealer Professional Liability policy. The Broker InNAVation policy provides coverage for securities broker/dealers, their officers, directors, registered representatives and employees legally obligated to pay covered damages …
Integro Ltd., announced that John Millar and Andrzej Danyluk have both joined its recently launched insurance and reinsurance group based in London (See IJ web site April 5). Both men join Integro from Guy Carpenter. Millar has nine years experience …
Threats from terrorists have become a subject nobody can ignore – least of all the insurance industry. To meet those threats requires knowing who the terrorists are and how they operate. Lloyd’s recent seminar “Sharing Lessons on Terrorism” in New …
AmWINS, London American General AmWINS Group Inc., a national wholesale insurance broker based in Charlotte, N.C., reports it has acquired London American General Agency Inc. Based in San Diego, Calif., London American is a managing general agent and program underwriter …
Valiant Insurance Group Inc. announced that John N. DiBlanda has joined its U.S. property and casualty insurance operations as chief financial officer and chief operating officer. Prior to joining Valiant, DiBlanda served as CFO of Delos Insurance, where he was …
