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Recruitment moves
Swiss Re America, a unit of Swiss (re)insurer Swiss Re, has appointed Alabama insurance commissioner...
(Re)insurers may have to adjust strategy after credit crunch havoc
Insurers and reinsurers may have to adjust their risk strategy in the coming months as investment ga...
M&A buying continues unabated
Swiss Re has agreed to acquire Barclay's closed life business Barclays Life for £753m. "The transac...
Lessons to be learnt
A literal reading of the claims co-operation clause in Lexington v Multinacional reminds reinsureds and reinsurers of the rules of the game, say Andrew Symons and Eve O'Brien
Rugby, deodorant and Beetles
Basso chairman Colin Bird on World Cup bets, Volkswagen Beetles and deodorant. He also gives advice to the young broker and talks about recruiting for Besso
Interview - The one to watch
At Brit's offices in London, Jonathan Turner talks about where business is best, areas that he is positive about, and what will happen in the converging market
Aon buys Benfield for $1.75bn
After much discussion of "champagne talk and beer money" from Benfield's Grahame Chilton, the corks are out in Bishopsgate after Aon offered $1.75bn for the business. Alex Ferguson has more..
JLT falls in first half
Broker JLT reported a 9% increase in fees and commissions to £266.2m and a 4.9% jump in underlying t...
Hurricane Gustav closes in on New Orleans
Hurricane Gustav, which is closing in on the coast of Louisiana, could produce a storm surge of between 13 and 18ft if it gets to a Category 4 hurricane as forecast, and may overtop some floodwalls and levees in New Orleans if it were to hit the city,…
Fairfax buyout of Advent looms after company says has 58% of shares
North American financial services company Fairfax has declared their offer unconditional for Lloyd's (re)insurer Advent after receiving an extra 14% of acceptances which put them over the 50% threshold.
Stovin replaces Albanese as president of Markel International
Markel has said that William Stovin will replace Gerry Albanese as president and chief operating officer of Markel International.
Zoom latest airline to go bust: The insurance implications
As another long-distance budget airline goes bust this week, Katherine Brandon, reporter at Professional Broking , the management magazine for insurance brokers, looks at the possible insurance implications of cancelled flights as airlines suffer.
MMC forbidden from poaching Benfield brokers
MMC has been barred from approaching Benfield staff after it failed to buy Benfield last week, sources have told Reinsurance.
Zoom latest airline to go bust
As another long-distance budget airline goes bust this week, Katherine Brandon, reporter Professional Broking , looks at the possible insurance implications of cancelled flights as airlines suffer.
Hardy not part of takeover talks - CEO
Although there has been a speight of recent takeovers of Lloyd’s (re)insurers by Bermudian companies, Hardy hasn’t been part of any talks, chief executive Barbara Merry said in an interview.
MMA appoints head of business development team
Intermediary only insurer, MMA Insurance has appointed Dan Andrews as head of business development.
Groupama CEO dismisses commercial rate rise talk as hot air
The chief executive of Groupama has criticised the market for talking up commercial rates rises but doing nothing about it. François-Xavier Boisseau's comments came as Groupama Insurances reported a UK post tax profit of £15.0m to the end of Q2 2008 …