White Mountains Solutions Holding Company has signed a definitive agreement with American International Group, for purchase of two subsidiaries of American General. As part of the agreement, White Mountains Solutions, a specialist runoff ...
Tags: White Mountains, Holding Company, definitive agreement
US-based commercial insurance holding company, W R Berkley has promoted Andrew Tuma as the new president of Berkley Surety Group with immediate effect. Tuma recently served as the company's executive vice president and chief operating ...
Tags: commercial insurance, surety, contract surety, commercial surety
Towers Watson, a global professional services company has hired Ross Howard as global brokerage leader for its insurance and reinsurance brokerage business and will succeed Bill Eyre. Bill Eyre will focus on client and market relationship ...
Greenlight Reinsurance Ireland, a subsidiary of Greenlight Capital Re has named Caryl Traynor as general manager and operating from the company's Dublin office. Traynor appointment will be effective from 1 June 2012, and he will be ...
Tags: reinsurance, insurance, general manager, market segment
US insurers' reserve redundancy during the year 2011 was estimated to be $11.7bn, or 2% of total booked reserves compared to $22bn during the same period last fiscal. According to a research report compiled by Aon Benfield, the global ...
Sapiens International has unveiled business intelligence (BI) module to provide enhanced reporting and decision-making capabilities for Sapiens Reinsurance solution. Provided as an add-on module to Sapiens Reinsurance, the Reinsurance BI ...
Tags: Sapiens, Business Intelligence, Reinsurance
Validus Holdings has announced a number of Validus Reinsurance (Validus Re) senior management promotions. The current Validus Re chief underwriting officer, Kean Driscoll has been appointed as Validus Re chief executive officer. Validus ...
Tags: Service
Bermuda-based specialty lines insurance and treaty reinsurance provider AXIS Capital Holdings has appointed Joseph Henry as its new chief financial officer, effective from 18 June 2012. Henry, who will report to AXIS Capital's president ...
Brown & Brown Insurance, a subsidiary of Brown & Brown has acquired certain assets of Insurcorp and Maalouf Benefit Resources, which has been integrated under the name "Insurcorp." Brown & Brown regional president Roy Bridges, who is also ...
Tags: Brown&Brown, assets of Insurcorp, Maalouf Benefit Resources
Allied World Bermuda, a part of Allied World Assurance Company Holdings (AWH) has introduced Executive ForceField, a new directors and officers liability policy. Available as either an excess or primary basis, the newly launched policy is ...
Tags: Allied World Bermuda, Executive ForceField, liability policy
W. R. Berkley has appointed Scott Mansolillo as vice president –chief compliance officer, to provide technical expertise and advice on a consultative basis to the firm's operating units. Mansolillo will provide technical expertise ...
Tags: W.R.Berkley, vice president, insurance holding, specialty insurance
Arch Reinsurance Europe Underwriting (Arch Re Europe) has appointed Maamoun Rajeh as president and chief executive officer (CEO), effective from 1 July 2012. Rajeh will succeed Helmut Söhler, who will assume vice chairman position in ...
Tags: Arch Reinsurance, Maamoun Rajeh, US Property