Bermuda-based Alterra Capital Holdings Limited reported net income of $82.8 million, or $0.70 per diluted share, for the third quarter of 2010, compared to net income of $95.3 million, or $1.64 per diluted share, for the same quarter of 2009. …
Marsh’s London office announced the appointment of Cath Whitaker to the position of senior vice president in the International Division of its Global Market Relationship Management team. She joins Marsh from Willis, where she was acting managing director of its …
Marsh’s London office announced the appointment of Mike Rogers as head of Marsh ProBroker, its UK community of independent brokers. He joins Marsh from Towergate’s Broker Network where he was Head of Business Development, managing the business development teams across …
Pioneering “This new lab is a tangible, dramatic, generous demonstration of the property insurance industry’s deep commitment to reducing and preventing losses that disrupt the lives of millions of home and business owners each year.” —Julie Rochman, Institute for Building …
Former Louisiana State University offensive lineman Ciron Black is seeking $4 million in a lawsuit claiming that underwriters at Lloyd’s of London did not pay an insurance policy he bought before a career-ending knee injury. In a federal lawsuit filed …
London-based Oxygen Insurance Brokers announced that it has “further strengthened its broking and risk management services to architects, engineers and surveyors with the appointment of two new senior brokers, part of its plan to target further growth in the construction …
Underwriting capacity remains plentiful across most lines of commercial insurance and there are no significant insurance coverage restrictions, despite major losses associated with the Deepwater Horizon spill and the Chilean earthquake, according to a recent market report. In its Market …
Halliburton Co. used flawed cement in BP Plc’sdoomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a White House panel said Thursday. Halliburton’s shares tumbled as much …
German insurer Allianz has tapped Britain’s largest private pension fund and one that invests the pensions of Canada’s Mounties to make a joint bid for Britain’s sole high-speed railway, sources said. Final bids were due on Friday for the 186-mph …
French reinsurer SCOR Group and Reinsurance Group of America (RGA) are in the race to buy Dutch insurer Aegon NV’s Transamerica Reinsurance unit, sources familiar with the matter said. The auction, which started after Aegon said in June it might …
