Max Capital Group today announced the appointment of Adam Mullan as Chief Executive Officer of Max at Lloyd’s Ltd., the Lloyd’s managing agent for Syndicates 1400, 2525 and 2526. W. Marston (Marty) Becker, Chairman and Chief Executive Officer of Max Capital Group Ltd., commented: “We are pleased that Adam has accepted the CEO role at Max at Lloyd’s. Adam has been a driving force at Max throughout most of the company’s ten-year history, and has built a reputation for both effective management and impressive business production. As we... Lire la suite
Ironshore announced today that it has gained approval to write direct and facultative property business on behalf of its Pembroke Lloyd’s Syndicate effective October 1, 2009. The team will underwrite a broad spectrum of property risks with a focus on international business. Rod Todd will be the Head of the Lloyd’s Property Operation and has extensive experience in the Lloyd’s Property marketplace. Before joining Ironshore Bermuda in 2007 as Senior Vice President and Property Underwriter, Rod worked at Talbot Underwriting Syndicate as a Joint... Lire la suite
Marsh Inc., the world’s leading insurance broker and risk advisor, today announced it has completed the acquisition of International Advisory Services Ltd. (IAS), the largest independent manager of captive and third-party insurance companies in Bermuda. Terms of the transaction were not disclosed. The acquisition strengthens Marsh’s position as a global leader in managing captive insurance companies and its rank as Bermuda’s largest captive management organisation. Captive insurance companies are owned by businesses, associations, or groups... Lire la suite
XL Capital Ltd (NYSE: XL) announced today that the Company and its Chief Financial Officer, Brian Nocco, have agreed that Mr. Nocco will leave XL effective after year end. Mr. Nocco, who has served as XL’s CFO since July 2007, has agreed to remain as CFO until year end to ensure a smooth transition. The Company has initiated a search for a successor to Mr. Nocco. “We thank Brian for his many contributions at XL during the last two years,” said Mike McGavick, President and CEO of XL. “In particular, Brian helped XL navigate through the extraordinary... Lire la suite
Everest Re Group, Ltd. (NYSE: RE) announced today that Thomas J. Gallagher, Vice Chairman and Chief Underwriting Officer, has advised the Company of his decision to retire, effective October 9, 2009. Prior to being named Vice-Chairman and Chief Underwriting Officer in 2008, Mr. Gallagher served as President and Chief Operating Officer of Everest Re Group Ltd. since 1997. During his many years of service, Mr. Gallagher’s leadership and dedication to the organization and its people have helped lead Everest to its current position of strength... Lire la suite
