London-based Norton Rose has been appointed as a European legal advisor to ACE European Group, one of the biggest insurers in the world.
The appointment means Norton Rose will provide legal advice to ACE on regulatory matters and corporate operations in Europe and the Middle East.
Norton Rose joins Clyde & Co, the CMS network, Holman Fenwick […]

Willis Group Holdings has appointed Vince McGeehan as executive vice president and managing director of Willis Bermuda.
He brings with him 35 years of insurance broking experience and has previously worked for ACE Bermuda as senior vice president of casualty.
Earlier in his career, he worked for Aon Bermuda, and has held a range of positions with […]

Aon Re Global is establishing its first reinsurance unit within Poland.
The new unit, named Aon Re Polska, will occupy its Warsaw premises on 4 September and will be part of Aon Re CEE (Central and Eastern Europe).
A team, initially three-strong, will be tasked with enhancing the firm’s presence in Poland, which has been described as […]

Endurance Specialty Holdings, a property and casualty insurance and reinsurance firm based in Bermuda, has appointed Lauren Kent as senior underwriting manager and head of Reinsurance for Endurance Worldwide Insurance Limited in London.
Kent has been with the firm for five of the 18 years she has worked in the sector, and has worked as a […]

Friends Provident, the smallest provider of blue-chip life insurance in the UK, will not sell its Luxembourg-based unit Lombard insurance or its stake in fund manager F&C unless the price is right.
CEO Trevor Matthews, appointed five weeks ago, said the company does not need the money from the sales to support its strategic outlook because […]

Marsh has appointed Nigel Salisbury as head of its UK-based Real Estate Practice.
He brings with him decades of senior experience in the sectors of professional and financial risks.
Prior to joining Marsh, Salisbury worked for RSA in the position of director of Property Investors with responsibility for building up the UK-wide segment of the residential and […]

Risk management services provider Aon Corporation has named Aon Construction Services Group’s new executive vice president as Karen Mildenhall.
She brings more than 20 years of insurance industry experience to the firm, and previously spent a decade as MD with Marsh.
Mildenhall will also take on the role of resident MD for Aon Risk Services in Phoenix.
Assuming […]

Prudential has completed the biggest pension transfer seen by the market, in a deal that tops the ￡800 million annuity purchased by P&O’s pension fund, in December of 2007.
The insurer has acquired ￡1 billion of liability from the pension scheme of Cable & Wireless (C&W), the international telecoms group.
The purchase takes the form of […]