RLI Corp. announced that it has created a new Property Treaty Group within its RLI Re Division to expand its capabilities in the reinsurance marketplace. The new group will offer customized assumed property reinsurance solutions to a select group of regional and super regional insurance companies.
“We are pleased to expand the capabilities of our successful [...]
Chedid Re has been named “2011 Reinsurance Broker of the Year” for the second year in a row by the MENA Insurance Awards (previously Gulf Insurance Awards). The prestigious award was presented to Chedid Re Chairman Mr. Farid Chedid during the competition’s 2011 awards ceremony, held at The Address in Dubai.
A distinguished panel of judges [...]
MphasiS, a leading IT services provider, today announced the appointment of Ann Weaver as head of the company’s Insurance Industry Solutions Group. Weaver will lead a team of domain experts and technical consultants as MphasiS grows its insurance practice, which offers business-driven technology and business process solutions to the global insurance industry. Insurance is one [...]
Zurich North America Commercial’s Accident & Health (A&H) group and Presidio Reinsurance Group announced today their formation of a strategic relationship to provide a broad range of risk-relief programs to the health care market.
As industry leaders with a long-term commitment to the accident and health industry, Zurich and Presidio will leverage their extensive portfolio of [...]
Allied World Assurance Company Holdings, Ltd announced through its U.S.-based Darwin subsidiary, a new program with Jardine Lloyd Thompson (JLT) Facilities, Inc. in conjunction with the rollout of Darwin’s nationwide standard market Lawyers Professional Liability (LPL) product. JLT will be underwriting on behalf of Darwin on an admitted basis in New York, New Jersey, Illinois, [...]
Allied World Assurance Company (U.S.) Inc., a member company of Allied World Assurance Company Holdings, announced that Tom Rocca, Assistant Vice President, General Casualty, Brokerage, will be participating in a panel at the American Public Transportation Association (APTA) Risk Management Seminar to be held on June 7-10, 2009 in San Jose, California. The panel, taking [...]
Allied World Assurance Company Holdings, Ltd announced that its board of directors has declared a quarterly dividend of $0.18 per common share. The dividend will be payable on April 2, 2009 to shareholders of record as of the close of business on March 17, 2009.
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a [...]
JHA is pleased to announce that John Cassell, founder and Senior Partner at Spring Consulting Group, LLC, will participate in the 2009 Dynamics Seminar program as a member of the Senior Leadership Panel on Friday, March 6, 2009. In addition, a new session focused on producer/carrier relationships has been added to the agenda on Wednesday, [...]
High catastrophe losses and the continuing international credit crisis pushed property catastrophe rates up by 8 percent at the January 1, 2009, reinsurance renewals period, according to a briefing on global reinsurance market conditions published by Guy Carpenter & Company, LLC, the leading global risk and reinsurance specialist. Cats and Credit Push Prices Up: Global [...]
Allied World Assurance Company Holdings, Ltd (NYSE: AWH ) filed a current report on Form 8-K on November 19, 2008 announcing that it had sent a notice of borrowing to draw US$250 million in principal amount under its existing US$400 million unsecured senior revolving credit facility to increase its cash position to preserve its financial [...]
