Mr. Houghton was previously group finance director of RBS Insurance and was also group finance director of Ulster Bank, another subsidiary of RBS. He began his professional career as an accountant at
Investing in the syndicate are Aquiline Capital Partners LLC, the New York private equity firm headed by Jeffrey Greenberg, Whittington Group, a Singapore-based insurance investor and services provi
The New York-based rating firm said these factors combined with several solid underwriting years, healthier balance sheets and robust 2006 results, provided the springboard for a number of positive ra
Such commentary may be influenced by a recent study by Willis Group Holdings of the Jan. 1 renewal season, which showed that reinsurance rates for both property and casualty exposures have remained fl
Bank of America analysts said that despite the cat bond sale levels, they believe that reinsurance buyers continue to prefer traditional reinsurance with triggers pegged to company-specific losses ove
Bank of America analysts said that despite the cat bond sale levels, they believe that reinsurance buyers continue to prefer traditional reinsurance with triggers pegged to company-specific losses ove
With plans to launch a proposed new subsidiary in the first quarter, Max Re said the new company, Max Specialty Insurance Company, will be based in Richmond, Va., and will have offices in Atlanta, San
Tamara K. Kravec with Bank of America Equity Research wrote that brokers told them premium rates will continue to rise "significantly" during the January renewal season despite a relatively loss-free
"Class of 2001" Bermuda companies--formed after the Sept. 11, 2001 terror attacks--besides Endurance, include Axis Capital and Aspen Specialty, both of which have operating subsidiaries that already hol