News
Appointment at Amlin
Amlin has appointed Tom Brand as lead cargo underwriter for syndicate 2001. Mr Brand joins from Swis...
CII in no rush to replace departing Bullivant
The Chartered Insurance Institute has no immediate plans to replace Bob Bullivant following his depa...
LMRC appoints chairman
Peter Harmer, chief executive of Aon UK, is to become chairman of the London Market Reform Group. He...
Appointment at Bruce Stevenson
Bruce Stevenson has enlisted financial director Mark Dallas. Mr Dallas worked for Pricewaterhouse Co...
Appointment at Cunningham Lindsey
Cunningham Lindsey UK has appointed John Chaloner as mechanical engineer within the company's specia...
Appointment at Allianz
Allianz Insurance's claims division has appointed Janet Brady to operations manager. Ms Brady has cu...
Labuan grows business by 40.3%
Malaysia's offshore hub, the Labuan International Business and Financial Centre (IBFC) has grown its...
Brazil opens arms to foreign insurers after board meeting
The Brazilian market is now open for business, as government officials overcame an application delug...
Prices in South East Asia fall up to 20% says Guy Carpenter
Reinsurance prices in South East Asia are declining by as much as 20%, according to a report from Gu...
Bipar approves 'high level principles' to escape further regulation
Intermediaries may have been handed a reprieve on further regulation from European Commission when p...
Gen Re announces new president
General Re has made John Cholnoky its president following the sudden resignation of CEO Joe Brandon ...
Omega takes itself off the market
Omega has terminated takeover talks with various suitors. Earlier this month, the Lloyd's insurer sa...
Liberty Mutual to buy rival Safeco
US insurer Liberty Mutual has agreed to buy US rival Safeco for $6.2bn, in a deal that reflects a 50...
Captive insurers now 20% of P&C
Captive insurers reflect 20% of the total property and casualty insurance spend in the world today, ...
Austen MBO for Gallagher Asia
Richard Austen, the former chief executive of Arthur J Gallagher's Asian reinsurance broking arm, ha...
Aviva set to rebrand
Aviva said that it will drop the Norwich Union, Commercial Union Poland and Hibernian brands. The d...
$50bn loss needed claims Aon Re
A property and catastrophe loss of as much as $50bn may need to change the direction of reinsurance ...
Experts warn of 69% US hurricane chance
There is a 69% chance of an intense hurricane hitting the US Coast during this year's hurricane seas...
Guy Carpenter set to axe 350 jobs in strategic initiative
Reinsurance brokers were feeling the pinch in the first quarter of 2008, with both Guy Carpenter and...
Allstate slashes catastrophe coverage
Giant US insurer Allstate has revealed that is has budgeted $240m less to pay for its 2008 catastrop...
Amlin sees price cuts on US Cat
Lloyd's (re)insurer Amlin has said that it has seen price reductions of between 10% and 12% on its U...
Cooper Gay in talks over Heath Re
Cooper Gay has said it is in talks with Heath Lambert about buying Heath's aviation, global business...
Numbers for the first quarter are ugly
It was an ugly time for reinsurance companies releasing their first-quarter numbers, with falling re...
D&O jumping 40% claims Iron Pro
Directors' and officers' insurance rates are jumping more than 40%, due to the sub-prime credit disa...