November 3, 2009
State-controlled Royal Bank of Scotland Group PLC said Monday that European Union regulators will require it to sell more assets than originally expected, part of an industry shakeup announced by the government this weekend. Treasury chief Alistair Darling on Sunday …
November 2, 2009
Beazley is expanding its U.S. property insurance business with the creation of a dedicated Builders’ Risk team to be located in Chicago, Ill. Colin Rose, a senior underwriter from the London Construction and Engineering team, will move to Chicago to …
November 1, 2009
AmTrust, American Capital AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately $42.5 million. …
November 1, 2009
Eagan Insurance Agency, based in Metairie, La., has added six insurance professionals to its staff. Joining the family business are Andrew Eagan and David Strassel, both members of the fifth generation of the Eagan family to actively participate in the …
November 1, 2009
AmTrust, American Capital, GMAC AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately $42.5 …
November 1, 2009
The Independent Insurance Agents & Brokers of New Hampshire (IIANH) has elected new officers and directors. They are: Chairman Edwin Duvall, president of Lakeside Insurance Agency Inc./C&G Insurance; Chairman-Elect Robin Logel, marketing manager of Noyes Insurance Agency; Vice Chairman Ryan …
November 1, 2009
AmTrust, American Capital New York-based AmTrust Financial Services, Inc. is making an investment in American Capital Acquisition Corp. in connection with the acquisition by ACAC of GMAC’s U.S. consumer property/ casualty insurance business. AmTrust said it will initially invest approximately …
October 30, 2009
Marsh has appointed Simon Curtis as Chief Operating Officer (COO) of Marsh UK. He is based in London, and will report to Martin South, CEO Marsh UK. Curtis succeeds Ian Clarke, who has accepted a senior management position within Marsh’s …
October 29, 2009
According to a bulletin from Marsh’s London office the “increase in the number of companies considering an initial public offering (IPO) or general capital raising is behind a surge in interest in taking out directors’ and officers’ liability and specialist …
October 28, 2009
Marsh’s London office announced the appointment of Simon Markey as Chief Executive of its UK Affinity business. He is based in London and will report directly to Martin South, CEO of Marsh UK. Markey was most recently Managing Director of …