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Tracker partners with ACPO

A new partnership between stolen vehicle recovery firm Tracker and the police could help insurance companies save thousands of pounds.

RFIB sells retail arm

International insurance broker RFIB Holdings Limitedhas sold its UK retail intermediary, Bridle Insurance Brokers to CFN Insurance Services for an undisclosed sum.

JLT Re adds two more

JLT Re, the reinsurance broking arm of Jardine Lloyd Thompson, has appointed Michel Fernandez as executive vice president and Greg Habay as senior vice president for JLT Re's North American property practice.

Moody's gloomy on Transatlantic Re

Moody's Investors Service has placed the Aa3 insurance financial strength rating of Transatlantic Reinsurance Company on review for possible downgrade, as well as the A3 rating on senior debt of Transatlantic Holdings, Inc. (NYSE: TRH).

AIG prices stake in Transatlantic Re

AIG has said that it has priced its underwritten public offering of 26m shares of US reinsurer Transatlantic Holdings, common stock owned by AIG and its subsidiary, American Home Assurance Company (AHAC), at $38 per share.

Aspen enters managed funds for ILS market

Aspen, the Bermudian (re)insurer, said that it has partnered with and invested $25m in Iris, a newly formed specialized investment fund focusing on insurance linked securities (ILS) and reinsurance globally.

The Hartford CEO to retire

The Hartford Financial Services Group, the troubled US insurer, said that its chairman and chief executive Ramani Ayer is to retire by the end of 2009.

Rates to rise for marine insurance - Aon

Ship owners are facing challenging negotiations at 2009/10 renewals as marine insurers seek rates increases on all classes of business. However, according to a report from Aon, abundant capacity means competitive forces will create a balancing act in the…

Wates pilots Zurich and JLT's Subguard

The Wates Group is set to pilot Subguard, an insurance product which is widely used in the US, to give customers and the supply chain greater protection and security in response to challenging market conditions.

Amlin acquisition "bemusing", say analysts

Management's "apparent stalling" over increasing the catastrophe side of the equation has made Amlin's €350m purchase of Fortis Corporate Insurance "somewhat bemusing", according to analysts.

Zurich and JLT team up for supply chain launch

The Wates Group is piloting the use of Subguard, an insurance product which is widely used in the US, to give customers and the supply chain greater protection and security in response to challenging market conditions.

Appointment at Heritage

The board of Heritage Managing Agency has announced the departure of James Sardeson as the director ...

Appointment at Interglobal

International private medical insurer Interglobal has appointed Paul Weigall as head of sales. He ...

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