Lloyd’s/London
AIG lead insurer for Shanghai crash - sources
AIG was the lead insurer for the Shanghai plane crash that killed three and injured four more on 28 November, sources have told Reinsurance
Liberty International Underwriters names casualty boss
Chris Batchelor lands London role
Argo appoints new CFO
Ciaran O'Donnell joins from FM Global
Euler Hermes expecting 'negligible' loss from Dubai World
Euler Hermes has played down predictions of massive losses from Dubai World collapse.
Former Heritage CFO resigns from Argo
Nick Denniston, former CFO at Heritage, is thought to be leaving the company.
Aspen and Ariel said to be 'close to merger'
Bermudian rivals are close to merging, Reinsurance has learned.
Acquisitive Lloyd's insurer Amlin swoops again
Crowe Livestock Underwriting latest target for insurance group.
Ironshore unveils London shake up
Mark Wheeler appointed CEO of London-based international arm.
Beazley starts trading through Lloyd's Exchange
Major reinsurer starting electronic placing
Lloyd's reinsurers unlikely to be hit by UK floods
Damage estimates of around £100m are unlikely to affect the reinsurance market, Reinsurance has learned.
Two out as Glacier completes strategic review
Morten Pahle replaces Steve Price as UK boss in shake up.
Marsh the broker for Pennsylvania nuclear radiation leak, sources
Marsh are the broker for the Three Mile Island nuclear plant where a radiation leak is currently being investigated according to sources.
Aon poaches aviation staff from Marsh and Willis
Aon has made six new appointments to its aviation team including Marsh’s former vice president of aviation and an executive director from Willis.
Torus adds to US and UK casualty teams
Torus appoints Charles Stauber VP and head of casualty claims. Alison Timson also appointed assistant vice president for US casualty.
Argo appoints new PA class underwriter
Lindsay Taylor joins from CNA Financial
HSBC broker head joins Lloyd's
Mr de La Rochefoucauld is the new country manager for France.
Capita insurance services boss to join Xchanging
Former Hiscox ops boss Pell looked after the outsourcing giant's Lloyd's business.
Marsh to begin due dilligence on HSBC Insurance Brokers next week
Broking giant to be given access to HSBC's books next week.
Lloyd’s, Aon and Hiscox may be hit by piracy claims, sources
Aon is the broker for the Maersk marine fleet which has been repeatedly targeted by Somalian pirates including in an attack this week, according to market sources. Lloyd’s and Hiscox have also been named.
Low interest rates could topple insurers, Baloise
Continued low interest rates could cause some insurers to collapse according to the chief executive of Baloise.
Marsh targets HSBC Insurance Brokers to close gap on Aon
Speculation mounts that another mega broking deal could be afoot.
Lloyd’s report says microinsurance provides opportunities for all
Insurance for low income individuals can play an important role in helping communities in developing countries mitigate and adapt to climate change, and to provide the security needed to develop long term sustainability projects, according to Lloyd’s.
FHA may collapse as US struggles with recession
The Federal Housing Administration may collapse and thousands of regional banks may go under as the US continues to struggle with recession, sources attending a US conference have told Reinsurance.