The United States excess and surplus lines market presents opportunities that are not lost on the rest of the world. Lloyd’s is the second largest U.S. surplus lines writer with a 14 percent market share. Direct written premiums were $4.675 …
The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 …
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 …
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 …
Guy Carpenter & Company, LLC has published its annual, comprehensive study of the global property catastrophe reinsurance market – “The World Catastrophe Reinsurance Market: New Capital Stabilizes Market.” The report covers 23 countries and four regions, representing more than 90 …
International specialty insurance group HCC Insurance Holdings Inc., headquartered in Houston, Texas, appointed Bernard H. White as vice president of Investor Relations, according to a company announcement. White has over 25 years’ experience in media and investor relations, corporate communications …
Jeffrey M. Mohr of Lewis Mohr Real Estate and Insurance Agency LLC in Baton Rouge, La., was named president of the Independent Insurance Agents and Brokers of Louisiana. Mohr previously served as president-elect and secretary-treasurer, and was on the IIABL …
Citi, BISYS Citi completed its previously announced acquisition of The BISYS Group Inc. for approximately $1.44 billion in an all-cash transaction. In the transaction BISYS shareholders will receive merger consideration of $11.85 per share, and a special dividend of $0.15 …
Jeffrey M. Mohr of Lewis Mohr Real Estate and Insurance Agency LLC in Baton Rouge, La., was named president of the Independent Insurance Agents and Brokers of Louisiana. Mohr previously served as president-elect and secretary-treasurer, and was on the IIABL …
Standard & Poor’s Ratings Services has revised its outlook on U.K.-based P/C insurer Congregational & General Insurance PLC to negative from stable, “due to a swift and significant deterioration in its capital adequacy as a result of heavy operating losses …
