September 13, 2007
Aon Corporation has appointed Hamish Roberts as Global Practice Leader for its power business. He will lead the global power strategy with an immediate focus on building Aon’s strength and capabilities in the industry sector in the UK and the …
September 12, 2007
London-based service provider RI3K announced the completion of its new message service for the insurance and reinsurance industry, following extensive trials to assure that “it is scalable, secure and fit for purpose,” said the bulletin. The RI3K Message Service offers …
September 12, 2007
In a new report, issued as one of several in conjunction with the annual Reinsurance Rendezvous in Monte Carlo, Standard & Poor’s Ratings Services examines the efforts of global reinsurers to diversify their portfolios. The report titled “Reinsurer Diversification: A …
September 12, 2007
Standard & Poor’s Ratings Services has published a commentary, titled, “Bermuda Class Of 2001: Five Years On,” which examines the present state of recent Bermuda reinsurance start-ups. S&P’s report notes that the new Bermuda companies – the majority were formed …
September 11, 2007
Bermuda’s XL Capital Ltd. has appointed Kirstin Romann Gould as General Counsel of the Company, taking over from Charley Barr who will be leaving XL this month. In addition to her new role, Gould will continue to carry out her …
September 11, 2007
Standard & Poor’s Ratings Services’ new report – “Asia-Pacific Reinsurance Markets Remain Stable Despite Softening” – indicates that ratings on global and domestic reinsurers in the Asia-Pacific markets are expected to remain stable, “reflecting regional market growth, satisfactory underwriting results, …
September 10, 2007
Standard & Poor’s Rating Services has issued a series of reports on the global reinsurance industry, timed to appear as the annual Reinsurance Rendezvous opens its doors in Monte Carlo. The meeting, which features three days of talking, networking, deal …
September 7, 2007
Lloyd’s held its fifth “Annual City Dinner” on Wednesday night, Sept. 5. A cross section of business and government leaders in attendance heard from Lloyd’s Chairman Lord Levene and the Secretary General of NATO Jaap de Hoop Scheffer. In his …
September 7, 2007
The Bermuda – based Catlin Group Limited announced from its London offices that income before tax for the first half of 2007 was $190 million after acquisition effects. Net income was $162 million. The earnings announcement cited the following highlights: …
September 7, 2007
Keith Allan, Her Majesty’s Consul General of Miami, invited Florida Chief Financial Officer Alex Sink to meet with British leaders in London in early November. Sink will meet with experts at the London School of Economics and the Royal Bank …