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News (as sourced by BestWire News)

The following news stories cover the European market as followed by our BestWire news service. Complete access to the articles listed below is available to subscribers of our BestWeek news publication.

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Robertson Promoted to Chief Underwriting Officer at XL Insurance: XL Insurance, the global insurance operations of XL Capital Ltd., said Neil Robertson has been promoted to chief underwriting officer for its global specialty ...
Date: 7/2/2009    Source: BestWire
Zurich North America Commercial Names Head of Management Solutions Group: Zurich North America Commercial said it has named Michael Karmilowicz as head of the management solutions group in Zurich’s specialties business ...
Date: 7/2/2009    Source: BestWire
IPC Talking to Flagstone, Validus and Unnamed Others About Possible Sale: IPC Holdings Ltd. said it would review the acquisition offer from Flagstone Reinsurance Holdings Ltd. -- the third company to come forward with a public bid to ...
Date: 7/2/2009    Source: BestWire
Prettejohn to Leave Top Job at Prudential U.K., Europe: Nick Prettejohn, chief executive of Prudential U.K. and Europe for the U.K.-based international financial services group, is to leave his job in ...
Date: 7/2/2009    Source: BestWire
BestWeek: As Contaminated Drywall Problem Grows, So Does Industry Response: Contaminated drywall made in China may still be entering the United States, months after the insurance and construction industries and government agencies ...
Date: 7/2/2009    Source: BestWire
Amlin Shareholders Approve Fortis Corporate Insurance Purchase: Lloyd’s underwriter Amlin plc’s shareholders have formally given the go-ahead for the company’s acquisition of Fortis Corporate Insurance N.V. The ...
Date: 7/2/2009    Source: BestWire
Flagstone Re Enters Bidding War for Reinsurer IPC: Flagstone Reinsurance Holdings Ltd. has entered the fray as the third reinsurer to bid to acquire Bermuda property catastrophe reinsurer IPC Holdings ...
Date: 7/2/2009    Source: BestWire
PMA Capital Corp. Leads Wednesday's AMBG as Global Insurance Index Rises 1.42%: The AMBG closed Wednesday, July 1, at 669.48 (+1.42%). Of the 15 A.M. Best stock indexes, 14 rose and one declined. Leading A.M. Best's Global Insurance ...
Date: 7/2/2009    Source: BestWire
Swiss Re: Financial Crisis Hurt Insurers in 2008: Swiss Re said performance was down for the world insurance market in 2008, as the global financial crisis cut into premiums in industrialized countries, ...
Date: 7/2/2009    Source: BestWire
Brit Names Beane Chief Operations Officer: Malcolm Beane, former chief processing officer at XL Capital, has been named chief operations officer of U.K.-based insurer and reinsurer Brit Insurance ...
Date: 7/2/2009    Source: BestWire
Ergo Seeks Expansion in South Korea: German insurer and Munich Re subsidiary Ergo Insurance Group said it intends to enter the South Korean market in an effort to expand its reach in ...
Date: 7/1/2009    Source: BestWire
IPC to Schedule Special Shareholder Meeting: IPC Holdings Ltd. said it would schedule a special shareholder meeting as requisitioned by Validus Holdings Ltd. -- which has a proposal to buy IPC -- but was ...
Date: 7/1/2009    Source: BestWire
July Reinsurance Renewals Hold Firm, U.S. Cat Rates Rise 15%: Brokers are reporting that July 1 reinsurance renewals have shown a market in good shape, as capacity remained tight due to the global financial crisis but ...
Date: 7/1/2009    Source: BestWire
BestDay Audio for Wednesday, July 1: Insurance and Michael Jackson's Death; Aflac's Charney on Marketing Campaign: BestDay Audio for Wednesday, July 1: David Foreman, group director of underwriting for Ark Syndicate Management Ltd., discusses the insurance implications of ...
Date: 7/1/2009    Source: BestWire
BestDay Video for Wednesday, July 1: Insurer Seeks to Mitigate Hurricane Damage: BestDay Video for Wednesday, July 1: Victor Gordon, assistant vice president of technical services for Zurich North America, discusses a new video the company ...
Date: 7/1/2009    Source: BestWire
Flagstone Reassurance Suisse Names Chief Underwriting Officer: Guy Swayne, chief executive officer of Flagstone Reassurance Suisse SA, will return to Bermuda from Switzerland on July 1 to head up the parent company's ...
Date: 6/30/2009    Source: BestWire
Airbus That Crashed Into Indian Ocean Was Self Insured: The Airbus 310-300 that crashed off the coast of the Comoros Islands June 30 was insured by the airline itself, according to broker Guy ...
Date: 6/30/2009    Source: BestWire
C.V. Starr Forms Consortium to Seek U.S. Infrastructure Business: C.V. Starr & Co. Inc. has created a consortium with Talbot Underwriting Ltd. and Australian-based QBE Insurance Group to seek construction insurance business ...
Date: 6/30/2009    Source: BestWire
Michael Jackson's High-Risk Profile, Tight Market Limit Insurer Exposure: Lloyd’s is not expecting major losses as a result of the sudden death of Michael Jackson, in part because London market underwriters considered the pop star a ...
Date: 6/30/2009    Source: BestWire
Hannover Re's Zeller Retires: Industry veteran Wilhelm Zeller stepped down as planned from his post as chief executive officer of Hannover Re on June 30. Zeller led the company for ...
Date: 6/30/2009    Source: BestWire
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