Willis Group Holdings Limited (NYSE: WSH), the global insurance broker, today reported results for the quarter and six months ended June 30, 2007, including net income of $78 million compared to $72 million a year ago, an increase of 8 …
Bermuda-based Validus Holdings, Ltd. has successfully completed its initial public offering of 15,244,888 common shares at $22.00 per share. The offering resulted in net proceeds to the Company of approximately $314 million. The IPO follows the closing of Validus’ acquisition …
British bank Lloyds TSB Group said that its Scottish Widows subsidiary will sell Abbey Life Assurance Co. to Deutsche Bank AG for 977 million pounds ($1.98 billion) in cash as the German bank expands its insurance operation. Abbey Life managed …
In Nashville, Tenn., two insurance industry veterans announced the formation of Synercon Insurance Holdings, a venture that will acquire and link leading independent insurance agencies. David D. Haynes, serving as CEO of Synercon, is the founder and former chairman and …
Guy Carpenter Developing New London Flood Model for Insurers Model Will Provide the Most Accurate Solution Available To Insurers for London Flooding Global insurance and risk specialist Guy Carpenter & Co., LLC, reported that its Instrat unit, which provides quantitative …
Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary Web-based technology platform for online application …
Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and truckers’ liability. Dollars: $10,000 to $250,000. p:Carrier: Rated “A” by …
Willis, InsuranceNoodle Willis Group Holdings Limited, the global insurance broker, has acquired Chicago-based InsuranceNoodle, an Internet distributor of U.S. small business insurance. Terms of the transaction were not disclosed. InsuranceNoodle offers Willis a proprietary Web-based technology platform for online application …
In previous articles on this subject I have preached the virtues of watching out for the four “C’s” of insurance protection for the oil and gas operator — contracts, coverages, costs and claims — and they remain as important areas …
Truckers, Motor Truck Cargo Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of motor truck cargo, and offers physical damage and truckers’ liability. Dollars: $10,000 to $250,000 Carrier: Rated “A” by …
