Greenwich Group - Syndicate News

R J Kiln & Co Ltd

	03 May 2002	Berkley Corp builds up stake in Kiln US property and casualty broker, W.R. Berkley Corp, is to become the largest shareholder in Kiln. It will raise its shareholding from 5% to 20.1% as part of a Ł47.6M rights issue. Under the rights issue, 68.4M shares at 47p each will be offered to shareholders at two for every three existing shares, and Berkley will subscribe for a further 32.8M shares at the same price. The cash will mainly support increased underwriting on Syndicate 510 on classes of business already written, to take account of the firm market. Until announcing in February a strategic relationship with Kiln, Berkley had little international exposure beyond investments in Argentina and the Philippines. Founder William Berkley has built his business into a New-York-listed organisation worth $1.5BN
	19 October 1999	New appointments at Kiln The Board of Kiln PLC and R.J. Kiln & Co have announced the appointment of Edward Creasy, currently Managing Director of Cassidy Davis, as Managing Director of R.J. Kiln & Co Ltd, with effect from 3rd January 2000. Jeff Kilpatrick, the current Managing Director, will relinquish the post concurrent with the arrival of Edward Creasy. He will remain Financial Director until his proposed retirement from the Kiln PLC Board at the Company's next Annual General Meeting in June 2000. It is anticipated that Edward Creasy will join the board of Kiln PLC at that time. Roy Butler, who is a chartered accountant and Capital Liaison Director, will take over as Financial Director of Kiln PLC on Jeff Kilpatrick's retirement. Roy Butler has been employed by Kiln for the last 18 years.
	23 June 1999	Kiln Board appointments Stephen Jedburgh has been appointed Active Aviation Underwriter following the retirement of Peter Morris. Steve Tidd has been appointed to the Board of R.J. Kiln & Co. Ltd. and will act as George Higginson's Deputy on the Motor account. Mike Bottle has been appointed to the Board of Link Insurance Services, the subsidiary of the Kiln Managing Agency, specialising in the U.K. retail insurance market.