reinsurance products

• Specialty Insurers/Reinsurers Report 3Q Net Losses

  By Caroline McDonald, PropertyCasualty360.com  |  November 4, 2011

  Argo Group, Allied World and Flagstone Re each reported third quarter 2011 losses, citing catastrophe losses and/or mark-to-market investment losses as the primary reason.

• Catlin Names Ensign To Head U.S. Fac Operations

  By NU Online News Service  |  February 24, 2011

  Catlin U.S. said it has appointed Steven Ensign as director of the Direct Property Facultative Department for Catlin’s U.S. Reinsurance Operations in Hartford.

• Brown & Brown purchases Comcover

  By Staff Writer  |  January 5, 2011

  The value of the deal has not been disclosed, but the transaction is expected to close in early January.

• ACE Gets Green Light To Operate In Dubai

  By Staff Writer  |  December 20, 2010

  The ACE Group of insurance and reinsurance companies said it has been granted a license from the Dubai Financial Services Authority to establish a wholly owned subsidiary in the Dubai International Financial Centre.

• Alterra Capital Execs Receive Industry Awards

  By Staff Writer  |  October 26, 2010

  Alterra Capital Holdings Limited announced that Stephen J. Vaccaro Jr., chief executive officer of Alterra Specialty, was presented with the Service to Industry Award by the Professional Insurance Wholesalers Association of New York State (PIWA).

• Alterra Capital Merges Its Bermuda Holdings

  By Caroline McDonald, PropertyCasualty360.com  |  September 7, 2010

  Alterra Capital Holdings Limited announced the consolidation of its Bermuda operating subsidiaries, Alterra Insurance Limited (Alterra Insurance) and Harbor Point Re Limited (Harbor Point Re).

• Torus Acquisition In Liechtenstein

  By Susanne Sclafane, PropertyCasualty360.com  |  May 4, 2010

  Bermuda-based Torus announced its intention to acquire Glacier Insurance AG headquartered in Liechtenstein for undisclosed terms today.

• Argo Tags Levinson To Lead All Its E&S Businesses

  By Staff Writer  |  March 29, 2010

  Argo Group US, a subsidiary of Argo Group International Holdings, Ltd., appointed former ACE Westchester executive Louis Levinson to head up the Argo Group's E&S segment.

• Torus Names Groth New CRO

  By Staff Writer  |  February 2, 2010

  Bermuda-based global specialty insurer Torus said it has named Carl Groth as group chief risk officer, a new position within the year-old company.

• XL, Zurich Looking To Ireland

  By Staff Writer  |  January 12, 2010

  XL Capital said it plans to re-domesticate to Ireland, and Zurich Financial Services Group has transferred business from Italy, Portugal and Spain to local branches of its EU-based risk carrier, Zurich Insurance plc, also based in Ireland.