News
CTC rebrands Bermuda-based arm
CTC Allego becomes CTC Insurance Management (Bermuda).
Hiscox reports 5-7% drop in reinsurance renewal rates
Insurer says this was expected due to low level of claims and previous high rates.
White Mountains acquires run-off insurer
White Mountains Re, a subsidiary of Bermudian insurance group White Mountains, has acquired run-off insurer Central National Insurance Company of Omaha from Drum Financial Corporation for around $5m, the company said in a statement...
Former Liberty CFO takes up new role
Nicole Loone, former CFO at Liberty Syndicates, has taken up a new role at Navigators.
Aon payments to Manchester United already at £35.9m
Aon has already paid Manchester United £35.9m for the sponsorship deal beginning in 2010/11 season, filings show.
Lloyd's insurer takes on 40 broker staff in Lockton swoop
Amlin completes deal for business which will be rebranded AUA Insolvency Risk Services.
ABI: Winter flood bill has topped £200m
Nick Starling sings insurer's praise in getting Cumbria "back on its feet" following floods.
Accident Claims Scotland launches advertising campaign
Accident Claims Scotland has a launched a new television and print advertising campaign aimed at no fault drivers who are injured or suffer vehicle damage.
Lockton acquires equity holding in South Korean broker
The broker has obtained a “significant” equity holding in South Korean insurance broker IMI with options to purchase an increased shareholding.
Marsh appoints Americas energy boss
Marsh has appointed Andrew Herring as leader for the Americas of its wholesale energy practice
Garwyn launches online accident reporting system
New system helps support HSE compliance and risk management.
Validus prices offering
Bermuda-based reinsurance and insurance operation Validus Holdings, has priced a registered offering of $250m (£154m) aggregate principal amount of 8.875% notes that being sold to the public at a price of 98.71% of principal.
Fortis issues advice following cold snap
Fortis has urged homeowners to ensure that they are ready for the problems caused by the thaw following the recent cold weather.
Beazley establish Oslo business
Lloyd's (re)insurer starting business in Norwegian capital
Beazley establish Oslo business
Lloyd's (re)insurer starting business in Norwegian capital
Durham residents most likely to drive into lampposts
Research by Elephant outlines unusual UK road accident
Validus in $250m bond sale
Bermudian (re)insurer sells $250m of senior debt
Global economic recovery to slow this year - World Bank
The global economic recovery that is now underway will slow later this year as the impact of fiscal stimulus lessens, the World Bank has said in a report.
Global economic recovery to slow this year - World Bank
The global economic recovery that is now underway will slow later this year as the impact of fiscal stimulus lessens, the World Bank has said in a report.
Storms hammer Los Angeles
Southern California has been hit by a stream of storms, Reuters reports.
Willis extends Plumeri contract
Broking giant's chairman and CEO sees his contract extended.
Have your say: The Jackson Report
Do you think that the recommendations of the Jackson Review will be derailed - as Lord Justice Jackson himself fears - but a change of Government?
Arag: Jackson report could lead to “huge influx of spurious claims”
Arag has warned that qualified one-way cost shifting and the abolition of ATE insurance and Success Fee will have a negative impact on Access to Justice and will see a huge influx of spurious claims.
London Market Group outlines 2010 agenda
London Market Group chairman Barnabas Hurst-Bannister has outlined the groups plans for 2010 in an open letter to London market chief executives.