News
Benfield Greig eyes Bermuda in run-up to company flotation.
Privately-owned UK-based reinsurance broker Benfield Greig is considering redomiciling to Bermuda as ...
Appointment at The Broker Network.
The Broker Network has made Debi Mawer underwriting manager of its business development team. She wi...
The CII signs contract with PDOL.
The Chartered Insurance Institute has signed a contract with e-learning solutions provider PDOL. Und...
If we all believe, others will too.
The insurance industry continues to suffer from a poor reputation. Eric Galbraith argues it is time for the sector to address the lack of belief in itself in order to improve its public image.
CIIG delays putting order to the High Court.
The Creditors of Independent Insurance Group has delayed putting a group litigation order to the Hig...
Cooper Gay gets major stake in broker.
Wholesale broker Cooper Gay has acquired a majority stake in Hamburg-based broker Junge & Co - its l...
Appointment at Davies Lavery.
Davies Lavery, the insurance law firm, has recruited Denny Payton from Eversheds' insurance practice...
What the papers said this week.
Financial Times The bill from the May Day demonstrations last week has been estimated at £5m - a ...
Chubb now buying reinsurance on eReinsure
The property and casualty insurance group Chubb said it had become the first major insurer in the US ...
PXRe reports record results after raising capital
Bermudian reinsurer PXRe's recent capital boost helped it to make a net profit of $18.2m for the firs...
Scottish Annuity & Life boosts operating profit by 72%
Scottish Annuity & Life, the Bermuda-based life (re)insurance company, made a net operating profit of...
Second Postmag View Point
Heath Lambert
Allied World Assurance wins premiums worth $127m
New Bermudian (re)insurer Allied World Assurance (AWA) has written gross and net premiums of $126.6m ...
Max Re income plummets
Max Re's net income halved in the first quarter of this year, compared with the same period of last y...
Buffett warns of nuclear risk
Warren Buffett, charismatic owner of (re)insurer Berkshire Hathaway, has told businesses and insurers...
Partner Re ups premium growth target
Bermuda-based Partner Re made a net profit of $63.3m for the first quarter of 2002, down from $95.9m ...
Zenith acquires Folgate commercial arm
The Zenith Group has acquired Folgate Insurance's commercial business from the Folgate Partnership f...
Government to stand firm over terrorism extension
The government last night hinted that it was unlikely to shift its ground over terrorism cover and ca...
Concurrency
Gab Robins
Norwich-based intermediary Alan Boswell acquires financial planning
Norwich-based inter-mediary Alan Boswell has acquired the financial planning division of Eversheds f...
Cave is relief for PI insurers.
Professional indemnity insurers were able to breath a sigh of relief last week following the crucial...
Appointment at Beckett Risk Management.
Steve Seekings has been appointed sales manager of Beckett Risk Management. He has been with the com...
ABI pursues asbestos scheme.
The Association of British Insurers plans to continue to work towards establishing a scheme of arran...
Appointment at Healthsure.
Manchester-based healthcare cash plan provider Healthsure has appointed Helen McNally as account dev...