Ian Kawaley writes insolvency book

Ian Kawaley, a partner at law firm Milligan-Whyte & Smith will launch his new book in London next month during the INSOL conference.

Mr. Kawaley co-edited "Cross-Frontier Insolvency of Insurance Companies" with Gabriel Moss, QC, Howard Seife and Nigel Montgomery. The book was published by Sweet & Maxwell, the renowned legal publishing house, on June 1.

The launch will take place on the evening of July 18 at the Hilton London Metropole.

Stirling Cooke names new director

Shareholders of Bermuda insurance company Stirling Cooke Brown Holdings Ltd. have announced that David H. Elliott joined the company's board of directors, giving non-executives a clear majority of the board.

Mr. Elliott, 59, retired in 1999 as chairman and CEO of MBIA Inc., the world's largest provider of financial guarantee insurance. He became CEO in 1992, and continues to serve on the company's board of directors. He was also director of two other property-casualty insurers, Gryphon Holdings Inc. and Orion Capital Corporation, until the recent sales of each of those companies.

"David Elliott's election is another important step in the creation of a strong, independent board dominated by non-executives," said Stephen A Crane, Stirling Cooke's chairman, president and CEO. Mr. Elliott is the third new non-executive director to join the Stirling Cooke Board in the last 14 months.

Stirling Cooke Brown, which has suffered from net losses and a tarnished image after recent lawsuits, recently changed its name to Atlantic Star Insurance Group Ltd. The name change will take effect within the next two months.

Bank renames funds

The Bermuda Stock Exchange announced yesterday that the Bank of Bermuda has changed the name of its Bermuda Institutional Money Funds to All Points Corporate Money Funds and Bermuda Money Funds was changed to All Points Global Cash Funds.

G2 withdraws membership

The Bermuda Stock Ecxhange announced yesterday that G2 Securities has withdrawn its trading membership from the exchange, effective immediately.

ACE chief to speak

Don Kramer, vice chairman of ACE Limited will make a presentation on June 14 at 4 p.m. EDT at the Deutsche Banc Alex Brown Inc 2001 Insurance Conference. On June 28 he will also make a presentation at 10.10 a.m. EDT at the William Blair & Company 21st Annual Growth Stock Conference in Chicago.

Both presentations will be available on live webcasts at www.acelimited.com and will be archived for about one week after that.