All Company articles – Page 31
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Argo Group appoints Jay Bullock CFO
Bullock was formerly head of Bear Stearns’ Insurance Investment Banking Group
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S&P affirms Berkshire’s “AAA”
Derivative loss of $1.6bn is contained within the $281bn in total assets at the end of Q1
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RMS promotes Grant to group exec
Matthew Grant has been appointed group executive of global client development at RMS
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Arch Europe appoints president and CEO
James Weatherstone joins as president & chief executive officer with effect from 1 May 2008
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Hiscox names Gould COO
Michael Gould joins Hiscox from Aon where he was COO of the corporate division
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Endurance income drops; GWP leaps 51.5%
Premiums grew due to the acquisition of an agriculture insurance company, says LeStrange
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Talbot contributes to Validus’ Q1 profit growth
Net income was up 17% to $66.5m for Q1, compared to $56.7m a year ago
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Gen Re names Cholnoky president
John Cholnoky has been promoted to president of General Re and manager of its property and casualty division
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Bear Stearns CEO is named new Willis director
Jeffrey Lane has been named to its board of directors and will be a member of the Compensation Committee
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Willis reports slight dip in Q1 income
Revenue boosted by organic growth, but takings were impacted by severance charges
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Catlin leads coverage for Far East Land Bridge
The Land Bridge is for goods transported by a new rail container service linking Europe with China
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Glacier Re makes senior appointments
The Swiss reinsurer has named Eddie Harte as operations and finance manager and Pascal Gabathuler as risk manager
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Montpelier Re reveals $1.8m Q1 loss
The reinsurer's profits were dented by cat losses, including European windstorm Emma
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Aspen Q1 income falls to $81.2m
"We wrote less business this quarter because of declines in rates", says O'Kane
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Munich Re buys US marine insurer for $52.5m
Roanoke will report to Mark Watkins who also manages the Watkins Syndicate and related service companies
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Florida opts to change collateral rules
Florida regulator proposes scrapping 100% collateral requirements for foreign reinsurers
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ACE reveals $650m Q1 credit crunch loss
"Unprecedented financial market volatility" impacted net income and book value, says ACE
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Share buybacks could slow in 2008
Moody's expects share buyback activity to slow during 2008 given the credit environment
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RenRe profits dip in Q1
Reinsurer will continue to actively manage capital and remain disciplined in underwriting, insists CEO Currie