Gustav’s Winds are Felt, With Some Relief, in London: As seen from London, Hurricane Gustav, which hit the U.S. Gulf Coast last week, offered some relief to insurers in that it failed to live up to predictions of ...
Date: 9/5/2008 Source: BestWire
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Max Capital Group Hires New Chief Risk Officer: Kevin Werle has been named executive vice president and chief risk officer for Max Capital Group Ltd.
Werle, 45, will assume his new posts with ...
Date: 9/4/2008 Source: BestWire
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Marsh & McLennan Names New Human Resources Senior V.P.: Orlando Ashford has joined Marsh & McLennan Cos. as senior vice president for human resources.
Ashford will take up his post with the New York-based ...
Date: 9/4/2008 Source: BestWire
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Aon's Construction Group Names New Executive V.P.: Aon Corp. has named Karen Mildenhall executive vice president for the company's construction services group.
Mildenhall takes up her new post with the ...
Date: 9/4/2008 Source: BestWire
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Aon’s Benfield Acquisition Could Diminish Chilton’s Profile: For some, the most startling feature of the 935 million pound (1.17 billion euro) acquisition by Aon Corp. of London-based reinsurance broker Benfield Group ...
Date: 9/1/2008 Source: BestWire
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Aon Hires New Construction Services Senior Vice President: Aon Corp. has named Karen Reutter as senior vice president of its construction services group.
Reutter, in a newly created position, will work out of ...
Date: 8/25/2008 Source: BestWire
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Swiss Re Touts Public-Private Approach to Climate-Related Disaster Coverage: A Swiss Re executive said new forms of public-private partnerships will be needed to deal with risks related to climate change.
Speaking at the ...
Date: 8/25/2008 Source: BestWire
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Bermuda Sees Decrease in Number of New Reinsurers, Insurers: Ten new insurance and reinsurance companies were established in the Bermuda market during the first quarter of 2008, which is a decline from the same period in ...
Date: 8/20/2008 Source: BestWire
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Karen Clark Introduces New Wind Scale Designed for Insurers: About one year after starting her own risk management services firm, Karen Clark has announced a new tool for determining insured loss caused by tropical ...
Date: 8/19/2008 Source: BestWire
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Perspectives: Challenges Ahead, but Captive Industry Is Poised to Grow: The captive insurance industry isn’t unlike synchronized swimming. You don’t succeed on endurance alone, but timing and flexibility. It’s one thing to be able ...
Date: 8/18/2008 Source: BestWire
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Reinsurance or the Capital Markets? Benfield Chooses Both: Increasing levels of retention by primary insurers and the growing importance of the capital markets have raised questions in recent years about the long-term ...
Date: 8/18/2008 Source: BestWire
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Farmers Insurance to Leave N.C. Homeowners Market: Farmers Insurance Group said it will stop writing homeowners insurance in North Carolina because it risks paying out about double what it collects in premium ...
Date: 8/15/2008 Source: BestWire
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Assurant Lifts Two Executives to New Senior V.P. Posts: Two Assurant Inc. executives have been named to senior vice presidencies with the company.
Jane Meyer has been tapped to serve as senior vice ...
Date: 8/15/2008 Source: BestWire
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Captives in High Severity Lines Tap Reinsurance to Smooth Earnings: Captive insurers – particularly those in the casualty space – are buying a lot more reinsurance to protect against severe losses.
One reason for this ...
Date: 8/14/2008 Source: BestWire
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Hungry Fronting Carriers Expand Niche, but Stay Disciplined: Insurers that provide fronting for captive insurance companies have broadened their niches in an effort to win new business.
Just two years ago, the ...
Date: 8/14/2008 Source: BestWire
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Credit Fears Force Fronts to Scrutinize Captives' Investments, Collateral: A direct effect of the credit crisis on captive insurance companies has been that fronting insurers have increased collateral requirements and are more closely ...
Date: 8/13/2008 Source: BestWire
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Daybook for Thursday, Aug. 14, 2008: Vermont Captives Conference Concludes: The Vermont Captive Insurance Association wraps up its 2008 Annual Conference at the Sheraton Hotel and Conference Center in Burlington, Vt.
A.M. ...
Date: 8/13/2008 Source: BestWire
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Ace Sees Slow Start, Big Opportunities for New Delaware Protected Cell: It hasn’t officially launched, but Bermuda insurance giant Ace’s newly formed rent-a-captive facility is already positioning itself for when the market turns ...
Date: 8/13/2008 Source: BestWire
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Daybook for Wednesday, Aug. 13, 2008: ING Canada, Storebrand to Release Second-Quarter Earnings: Property/casualty insurer ING Canada Inc. and Norwegian insurer Storebrand ASA are scheduled to release their respective second-quarter earnings reports by the ...
Date: 8/12/2008 Source: BestWire
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A.M. Best Releases Video Coverage, Transcript of Webinar on Captive Insurance Issues: A.M. Best Co. has released video and a transcript of the July 31 webinar presented by A.M. Best analysts on the state of the U.S. and world captive insurance ...
Date: 8/12/2008 Source: BestWire
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