A.M. Best Co. has issued a comment acknowledging the announcement by the Bermuda-based Catlin Group Limited (CGL) of its intention to proceed with an initial public offering of common shares and admission to the London Stock Exchange. Best said it …
Bermuda-based Montpelier Re Holdings Ltd. announced that its Chairman, President and CEO, Anthony Taylor, has adopted a written plan in accordance with Rule 10b5-1(c) under the Securities Exchange Act of 1934 for the purpose of selling limited amounts of his …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of Zurich Specialties London Limited (ZSL); has removed the rating from under review with negative implications, and has assigned a stable outlook. “The rating reflects …
The Board of Directors of Bermuda’s RenaissanceRe Holdings Ltd. voted to increase the Company’s quarterly dividend to $0.19 per common share on its common stock, from $0.15 per common share. The dividend is payable on March 15, 2004 to shareholders …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of the GE Frankona Group’s reinsurance subsidiaries, and has revised its outlook to negative from stable. “The rating is based on the explicit financial support …
Kenneth Kirk, regional executive vice president of Florida-based Brown & Brown Inc., and Paul Manchester, president of Manchester Insurance Agency, of Santa Barbara, California, announced the asset acquisition of Manchester Insurance Agency by Brown & Brown Inc. The transaction is …
Georgia-based Palmer & Cay Inc., one of the nation’s privately-held insurance brokerage and benefits consulting firms, has named Christopher Sachs as chief financial officer, according to John Cay III, chairman and CEO. Sachs, a 27-year veteran of the corporate finance …
Marsh’s Crisis Academy, the e-learning solution for Crisis Readiness, is working with the Risk and Insurance Management Society Inc. (RIMS) to offer 11 online courses including the global best practices standard for crisis management, emergency planning, crisis communications, humanitarian assistance, …
Fastsnap.com, an online digital photo service provider for the P&C Industry, is pleased to announce a new service targeted at Claims Divisions. This new service will provide timely and accurate digital photos of intersections where accidents have occurred to assist …
A new study by PricewaterhouseCoopers has confirmed that enterprise risk management (ERM) is on the boardroom agenda as a key driver for a competitive edge in the insurance industry, but some leading insurers need to close the gap between the …
