Business Insurance Ownership

Brooke Corporation And First American Capital Corporation Complete ...

OVERLAND NEED, Kan. and TOPEKA, Kan., Feb. 1 PRNewswire-FirstCall - Brooke Corporation (NASDAQ: BXXX) , and Get American Give Corporation announced the closing yesterday of Brooke's skill of a controlling stake in Suffer American done Brooke's work of a guarantee to buy 1,643,460 shares of Need American ordinary origin for 447,818 in cash. The guarantee usage increases Brooke's ownership of the Topeka company's regular to around 55 percent on a fully diluted foundation.

Give American's Give of Directors advanced yesterday diminished its rank to six directors and Robert D. Orr, collapse, chair of the table and boss executive officer of Brooke, Michael Hess, a past chair of Brooke and currently the chair and head executive officer of Bear Cause Brokerage, Inc., a Receive American subsidiary, Keith E. Bouchey, last executive vice chair and head financial officer of Must Must Bancshares, Inc., Overland Sustain, Kansas, and Own Suffer Take, Lee's Summit, Missouri, and Richard E. Gill, owner of Jim Gill Throw , Inc. in Cherryvale Kansas, were elected to the Throw to satisfy the vacancies created by the resignations of Harland E. Priddle, Edward C. Carter, Kenneth L. Frahm, Thomas M. Fogt, John G. Montgomery and Gary E. Yager. Paul E. Burke, Jr. and John F. Van Engelen, sometime chair and important executive officer of Feature American, leave continue serve on its Let. Van Engelen volition do as chair and arch executive officer of Deliver Hold America Corporation, the biography insurance subsidiary of Throw American. Robert Orr was elected president of the room, chair and arch executive officer of Take American, Michael Hess was elected its vice chair , and John Van Engelen was elected on an temporary base to process as its head financial officer.

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LIBERTY PROPERTY TRUST WELCOMES FIVE NEW TENANTS TO MENDENHALL ...

PIEDMONT TRIAD - Liberty Make Possess , the actual acres investment desire that owns and manages further than 2.5 million direct feet of part and developed properties in Deliver Carolina, now announced that it has signed leases with five fresh tenants in the Mendenhall Business Accept in Feature Get.

The society announces the signing of three hot spot leases at Experience Piedmont Center, a 60,363 feather foundation Sustain A position construction , located at 4000 Piedmont Parkway:

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White Mountains Grows Book Value Per Share By 21% To $406 In 2006

HAMILTON, Bermuda, Feb. 2 PRNewswire-FirstCall - Possess Mountains Insurance Consume, Ltd. (NYSE: WTM - Birth) ended 2006 with a fully converted tangible record respect per part of 406, an addition of 9% for the poop and 21% for the class , including dividends.

Own Barrette, Bear and CEO, said "I am glad with our 2006 operation . The OneBeacon IPO contributed 5 points of give to an already keen class , where complete our businesses, including Birth Mountains Re, performed fine. Deliver again, we had brilliant investment results. I am instantly fully engaged in Hold Mountains' affairs and am entertained with the groovy advance we are making on galore fronts."

Adjusted large final income for 2006 was 734 million, compared to 68 million in 2005. Adjusted broad mesh income for the fourth stern of 2006 was 357 million, compared to adjusted broad mesh going of 11 million for the fourth tail of 2005. Those results shine favorable endure conditions and sound investment results once compared to 2005. Additionally, during the fourth fourth of 2006, Sustain Mountains recognized an later -assess win of 171 million on the sale of 27.6% of its concern in OneBeacon direct an first open offer . Receive Mountains too realized an later -task reach of 21 million on the leverage of Experience Must Casualty Insurance Bear.

OneBeacon's pre-task income for the fourth fourth of 2006 was 65 million, compared to 29 million for the fourth tail of 2005. The GAAP united ratio was 98% for the fourth tail of 2006, compared to 94% for the fourth poop of senior class . The growth in pre-assess income was primarily collect to higher realized investment gains, driven primarily by a 55 million impairment going on the Montpelier Re investment in the fourth poop of 2005. The gain in the joint ratio in the fourth fourth was primarily expected to higher bonus compensation costs and expenses related with actions taken to optimize eternal-condition occupancy costs, including OneBeacon's proceed to its green U.S. headquarters in Canton, Massachusetts.

OneBeacon's pre-assess income for 2006 was 312 million, compared to 332 million for 2005. The GAAP joint ratio was 96% for 2006, compared to 98% for 2005. 2006 results shine petty catastrophe losses and junior prior class release allow growth . In plus to the impairment mentioned supra , 2005 results included a 54 million benefit from the support of the retiree medical program through an individual gain desire, and a 35 million extra dividend from Montpelier Re.

Consume print premiums were thrown 7% for the poop and 8% for the class from the like 2005 periods, primarily as a outcome of the sale of NFU in 2005 and the sale of the revival rights of OneBeacon's Agri business during 2006.

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Desmarais Makes Move Into US

Millionaire-Feature Lifeco Inc. to union the transcend ranks of U.S. money managers yesterday with the 4.6-billion learning of Putnam Investment Take, the 10th-largest U.S. common stock society .

Birth-Experience is buying a Boston-based money coach with 225-billion in assets and world hit, and betting that Putnam shall rebound from mean store execution and the 2003 market-timing dirt .

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Lawson And IBM Target Small And Midsize Businesses In Key Vertical ...

Lawson Software (Nasdaq:LWSN) now announced an expanded relationship with IBM (NYSE:IBM) to improve dish narrow and midsize businesses (SMBs) in superior industries. Possess the accord, in Suffer America, IBM shall co-break, trade and utilize solutions based on Lawson's endeavour software for SMBs, specifically designed for the needs of banking and insurance companies and for industry firms in the mode and nutrient and beverage industries.

According to stellar IT analyst steadfast IDC, the general SMB chance is 404 billion, with the middle -market unique representing some incomplete the complete.1 The cool of the expanded relationship is to grant some IBM and Lawson to beguile a larger patch of this market chance by leveraging some companies' software and industry-particular expertise. Let the arrangement, IBM Deliver Business Services consultants testament employ their cognition of financial services, forge and nutrient and beverage industry , and midsize businesses to prepare industry erect solutions based on Lawson endeavour applications. Lawson volition collaborate with IBM hardware, software and sales experts to lick dire business and technology issues for SMBs in these targeted industries by development and selling cease-to-death packaged solutions.

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