News
Hartford names new CEO
Former Bank of America exec named as new CEO at property/casualty insurer
RSA sells business to Enstar
Deal removes £107m of liabilities from its balance sheet.
Japanese trio detail merger
Mitsui Sumitomo, Aioi Insurance and Nissay Dawa all detail their previously announced merger
Flagstone Re buys rest of African subsidiary
Flagstone Re buys rest of African subsidiary, formally known as Imperial Re
Torus raids AIG for MGA start up
Operation to be based in Bermuda.
ABI: insurance employment up 1.3% in 2008 despite recession.
313 000 people employed by sector according to new figures.
Kiln appoints active underwriter
Philip Wray joins Syndicate 1880 from Swiss Re
Travelers confirms Smith as interim UK boss after Hudson departure
International president takes over for now after long standing insurance boss quits.
Travelers UK insurance boss quits
Martin Hudson leaves after over 20 years with the insurer in the UK.
FDIC proposes prepayment of three years of fees
FDIC proposes prepayment of three years of fees
US Senate panel rejects public healthcare insurance option
A US Senate panel has rejected a government-run healthcare insurance option
Tsunami hits Western Samoa
24 people die as tsuami hits Pacific island
LMA and ACPO join up to combat fraud at Lloyd's
LMA CEO Gittings said agreement was a "serious commitment".
Cobra strengthens board with COO recruitment
CEO Steve Burrows hails appointment of David Stanley.
Jelf issues more equity
Shares to begin traing on Thursday.
US: Chinese drywall makers may ignore lawsuits
Lawyers say they expect Chinese companies that made the wallboard to ignore hundreds of lawsuits filed against them in US courts.
Insurer RSA hands broker Oval millions
However, insurer does not take equity stake in broker.
Willis acquires Argentinian operation
Willis Re completes the purchase of Herzfeld Willis S.A. (retail) and Willis S.A. (reinsurance) in Argentina
Groupama launches Romanian subsidiary
Insurer Groupmama has launched Groupama Asigurari in the Romanian insurance market.
FSA unveils new PPI complaints measures
185,000 previously rejected claims due to be reopened
Georgia floods may cost $500m
The flooding that wreaked havoc in Georgia last week may cost insurers $500m
Report: FDIC preparing to ask banks to prepay $36bn
The US regulator could banks to prepay $36bn in premiums to replenish the deposit insurance fund.
Munich Re, Lloyd's syndicates could be affected by Iran sanctions
Sanctions on Iran could affect the business of Munich Re and Lloyd's syndicates, the Financial Times has reported.
Typhoon death toll rises in Philippines
The death toll from Typhoon Ketsana rises to 240 in Phillipines