August 27, 2007
Pat Arthur, a partner at McQueary Henry Bowles Troy L.L.P. (MHBT) was recently installed as president of the Board of Directors for the Independent Insurance Agents of Dallas (IIAD). Arthur has been a member of the IIAD’s board of directors …
August 20, 2007
If the reinsurance industry were a game of golf, one would say that after three rounds — the two halves of 2006 and the first half of 2007 — it tops the leader board. But as any golf buff knows …
August 20, 2007
Record earnings, capitalization and profits deliver new challenges for reinsurers If the reinsurance industry were a game of golf, one would say that after three rounds — the two halves of 2006 and the first half of 2007 — it …
August 14, 2007
ACE Overseas General has formed a new international construction practice group to address the world’s growing regional commercial construction and infrastructure activity. Vice President David Walters, based in London will lead ACE International Construction, reporting to Paul McNamee, Senior Vice …
August 13, 2007
Aon Corporation announced from its offices in London and Chicago that Geoffrey (Geoff) Bromley will join the company as vice chairman of Aon Re Global. He will “lead Aon Re’s operations in the United Kingdom, Europe, Africa and Middle East …
August 9, 2007
ACE Overseas General has appointed Edward Levin, currently Regional Executive Vice President, Accident & Health (A&H), ACE Europe, to the position of Executive Vice President, International A&H. Andy Hollenberg, currently Vice President, A&H, ACE Far East, has been named Senior …
August 6, 2007
Michael Heagerty, president and CEO of The Harry W. Gorst Co. based in Chatsworth, Calif., recently announced that Bryan Clark, senior vice president/underwriting, is the new chair for AAMGA’s Under Forty Organization (UFO). Clark’s appointment was made official at the …
August 3, 2007
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Macau-based Luen Fung Hang Insurance Company Limited (LFH) with a stable outlook. “The rating affirmations reflect LFH’s solid risk-based …
August 2, 2007
Bermuda-based RenaissanceRe Holdings Ltd. posted $193.741 million after tax income for the second quarter of 2007. Net income available to common shareholders was $183.166 million or $2.53 per diluted common share in the quarter, compared to net income available to …
July 30, 2007
The June and July floods that gripped parts of the U.K. could cost insurers between £2.25 billion and £3.25 billion in total, according to latest estimates by Risk Management Solutions (RMS). Insured losses from the July flood are likely to …