News – Page 490
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Markel moves into Asia
Markel International will launch an energy and casualty business in Singapore
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Solid outlook for Converium
S&P have affirmed “BBB” rating on Converium Holdings North America
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Endurance profits double in Q2
Endurance has reported Q2 net income of $135.3m - but premiums are down for first six months of year
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Markel reports strong Q2 despite drop in premiums
Markel Corporation has reported a 33% increase in net income for the second quarter of 2007
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New CEO for Marsh US
Marsh has announced the appointment of Mark Feuer as CEO of its US business
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RenRe profits up despite UK flooding
RenaissanceRe has revealed a strong second quarter with gross premiums up $103m
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Arch makes senior surety hire
Mark Vonnahme has joined Arch Insurance Group as executive vice president
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Hilb Rogal & Hobbs acquire Brown/Raynor
Company acquire property casualty agency, but terms not disclosed.
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PCI supports TRIA extension – with conditions
Association supports extension of TRIA but rejects a provision requiring insurers to provide coverage for NBCR attacks
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Max Capital reveals drop in premiums
Max Capital profits are up but premiums take a tumble as the company invests more in reinsurance
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China Reinsurance IPO on track
China Re has submitted an application for an initial public offering in Shanghai
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Flagstone hires White Mountains director
Flagstone Reinsurance has named Donald Emeigh as general counsel
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Online onlyRMS raises UK flood estimate
Modeller puts cost of summer floods between £2.25bn and £3.25bn
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Tropical storm heads towards Japan
Meteorological Agency warns that “Usagi” will increase in strength as it nears main islands
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UK insurers hit hard by 2007 weather
UK non-life insurers pay heavy price for weather losses, but credit ratings remain intact
