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New MD for Aegis at Lloyd's

Aegis Managing Agency Limited, the Lloyd’s managing agency for AEGIS Energy Syndicate 1225, has appointed Stuart Davies as managing director.

AM Best withdraws Corifrance rating

AM Best has withdrawn the financial strength rating of B++ (Very Good) of Corifrance (Compagnie de Reassurance d’Ile de France).

Highway reveals takeover bids

Highway Insurance has confirmed it received a number of takeover offers at the end of 2004, prompting further bid speculation after more than seven million of its shares were traded yesterday.

Italian P&C market looking stable, says Moody’s

The overall stable outlook for the Italian property and casualty (P&C) insurance industry reflects the continued upturn for most of the rated entities based on the improved quality of underwriting results, according to Moody's Investors Service’s new…

Wilton Re set up

Wilton Re US Holdings has announced that its Bermuda-based parent company, Wilton Re Holdings, has raised more than $600m in capital commitments through a private placement of its common stock.

Asian tsunami; Swiss Re estimates

Swiss Re has announced that it expects its claims from the tsunami that hit Asia on 26 December 2004 to be below CHF100m (£46m). The devastation caused in the aftermath of the natural disaster has already seen an estimated 150 000 lives lost, with this…

Smart and Cook expands north of the border

National insurance broker Smart and Cook has continued its expansion into the Scottish market with the opening of a brand new branch office in Edinburgh.

ABI announces details of 2005 conference

The second Association of British Insurers' (ABI) insurance industry conference, entitled Building a Stronger Future - Creating Security in a Risky World, will take place on March 9th 2005, at the QE II Conference Centre in Westminster.

Appointment at BHSF

Graham Stanley has been appointed regional manager South for Birmingham-based national health insure...

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