Gallagher Re and the New York Mercantile Exchange today announced they have reached an agreement allowing NYMEX to list future contracts for real-time electronic trading of property damage risk exposu

As a lead investor, the U.K.-based Brit Insurance subscribed $21.1 million, giving it an overall interest of 19.6 percent of the initial $107.7 million capital. The remainder is owned by international

As a lead investor, the U.K.-based Brit Insurance subscribed $21.1 million, giving it an overall interest of 19.6 percent of the initial $107.7 million capital. The remainder is owned by international

Trevor G. Carvey has been appointed managing director of Harbor Point Re UK. Mr. Carvey, who has a track record as a global marine and energy underwriter, will be responsible for identifying a broad r

"The ratings within the sector support this buoyant view, with 79 percent of insurance ratings assigned a stable outlook or developing CreditWatch listing, 16 percent a positive outlook or CreditWatch

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

Carrion, Laffitte & Casellas Inc. joins 117 other Assurex Global Partners numbering more than 500 offices in 74 countries on six continents. Each partner is selected after being identified as the stro

Following its purchase, QBE intends to cancel the 50 percent quota share reinsurance arrangements that Praetorian has with Hannover Re, and inject an additional $200 million of capital into Praetorian