April 23, 2007
What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in 2005. Lloyd’s also achieved an extremely good combined ratio of 83.1 percent, compared …
April 23, 2007
Globalization of directors and officers (D&O) liability products has opened up a whole new world of “what ifs” and “spiraling concerns” for the insurance industry. For starters, insurers, brokers and their clients are asking what is involved in the need …
April 23, 2007
International business expansions deliver new exposures, new concerns Globalization of directors and officers (D&O) liability products has opened up a whole new world of “what ifs” and “spiraling concerns” for the insurance industry. For starters, insurers, brokers and their clients …
April 23, 2007
Lloyd’s posts more than $7 billion in record pre-tax profit What a difference a year makes. On March 29, Lloyd’s announced pretax profits for 2006 of $7.2 billion compared to the $202 million loss it posted in 2005. Lloyd’s also …
April 23, 2007
Bermuda-based Aspen Insurance Holdings Limited has appointed Matthew Yeldham as Head of International Insurance, a new role within the Company. He assumes responsibility for “all specialty and insurance products sold outside the United States,” said the bulletin Yeldham is currently …
April 23, 2007
Integro Ltd. announced that Charles Waddington will join its recently formed insurance and reinsurance business unit based in London, together with Julian Samengo-Turner, Ron Whyte and Marcus Hopkins. He will take over responsibility for managing the Casualty Practice of the …
April 23, 2007
When Lloyd’s officially opened its Chinese reinsurer, Lloyd’s Reinsurance Company (China) Ltd. (LRCCL) (See IJ web site April 17), it left the slipcases behind in London. But it brought along David Andrews, CEO of Xchanging and Alex Letts, chief executive …
April 23, 2007
The Property Casualty Insurers Association of Americahired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office.Previously, McKay served as chief of staff for U.S. Rep. Katherine Harris, R-Fla. McKay also served for …
April 23, 2007
Directors and Officers Liability Nuts & Bolts: Navigators Pro is offering directors and officers liability and employment practices liability for all industry sectors. Deductible is minimum, $10,000. Minimum premium is $5,000. Maximum premium is $500,000. Dollars: $1 million to $10 …
April 23, 2007
The Property Casualty Insurers Association of America hired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office. Previously, McKay served as chief of staff for U.S. Rep. Katherine Harris, R-Fla. McKay also …