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IPC and Max Capital to merge
Bermudian (re)insuers IPC Holdings and Max Capital said they are to merge in the first big deal of the year.
Novae in Midlands regional push
Novae Insurance has appointed Bronwen Horn as development underwriter in Birmingham to spearhead its presence in the Midlands market.
Private Equity house up for sale
Candover Investments, the quoted private-equity group, has in effect been put up for sale today as it unveiled huge write-downs in its portfolio of 18 companies and cancels its dividend – according to weekend reports.
Age restriction would lead to higher insurance costs, says ABI
Customer could face higher insurance premiums if the Equalities Bill restricts the use of age in assessing risk, the ABI has warned.
Amlin hails "robust performance" as pre tax profit falls
Lloyd's insurer Amlin saw its profit before tax sink to £121.6m (2007: £445.0 million) in 2008 on gross written premiums of £1034m (£2007: £1044.7m).
Amlin FY pretax profits drop
Amlin, the Lloyd's of London (re)insurer, said that full-year pretax profits dropped to £121.6m from £445 the year earlier, hit by investment losses.
Berkshire Hathaway FY insurance operations results sink
Berkshire Hathaway's insurance operations saw underwriting profits sink, the company said on Sunday.
RSA rating unchanged after results
Standard & Poor's has confirmed the ratings and outlooks on the core operating entities of RSA(main operating entities rated A/Stable/--) are unchanged following the release of the group's 2008 results.
Mitsui raids Chubb London for new Lloyd's CEO
Mitsui Sumitomo Insurance Underwriting at Lloyd's has announced that Andrew McKee, currently senior VP and London branch manager of Chubb Insurance, has accepted the position of chief executive.
Lloyd's insurers' rights issues push
Catlin, Beazley and Hardy Underwriting moved to raise millions of pounds worth of funds last month t...
Mitsui opens in Qatar
Mitsui Sumitomo Insurance Company (Europe) officially opened an office in Qatar, claiming to be the ...
MAX and IPC to merge
Bermudian (re)insurers IPC Holdings and Max Capital said they are to merge in the first big deal of ...
Measure by measure
As the world tries to work out what the global recession will mean, global broker Willis has chosen this difficult time to launch a new division. Dominic Samengo-Turner, who has been chosen to head up Willis Global Placement, speaks to Mairi Mallon
Still a fun challenge
Beazley's underwriting chief Neil Maidment reflects on Mongolian yaks, Time Magazine predictions and the importance of knowing your own mind
Investors should be optimistic about Qatari insurance
Investors should be "guardedly optimistic" for the medium- and longer-term future of the Qatari insu...
Factors of fraud
With fraudulent investment schemes hitting the headlines, Donald McDonald and David Kendall look at the legal liabilites of intermediaries for investors' losses from an English law perspective
Noor launches Takaful brand
Noor Investment Group, the Dubai-headquartered company, has launched its Noor Takaful brand. Noor s...
Mad month for Swiss Re
Reinsurance giant Swiss Re saw its ratings downgraded by all three major ratings agencies after it r...
Perfect partners
Where will the (re)insurance sector turn to next for capital? Paul Lumbis covers the recent developments in the capital markets and explains why private equity will continue to be an important ally for the industry
AIG loses $61.7bn in fourth quarter
AIG revealed that it had lost $61.7bn in the fourth quarter of 2008 and more than $99bn for the whol...