News
Appointment at NIG.
NIG Joanna Bushell has been recruited to the London office of NIG as an account executive, and will ...
Reinsurance outlook negative.
A major catastrophe would not be enough to trigger a significant rise in reinsurance rates, rating a...
Appointment at Jardine Lloyd Thompson.
Jardine Lloyd Thompson has appointed Patrick Carey, David Rose and Laura Hammond to senior positions...
Ex-Amlin underwriter forms Lloyd's syndicate
Former Amlin underwriter David Shipley is setting up a new Lloyd's syndicate which he claims will be ...
AHJ acquires two non-marine teams
London-based reinsurance broker Alwen Hough Johnson is acquiring two teams of brokers from Heath Lamb...
Claims Direct in £9.75m deal
Personal injury specialist Claims Direct has announced the acquisition of certain assets used in the ...
Zurich grow on improved underwiting
Zurich Financial Services Group has reported a growth in sustainable net income of 21% from $915m (£5...
French fuel crisis traps reinsurers
Over 2000 reinsurers, brokers and lawyers could be trapped in Monte Carlo if the blockade of French r...
Old Mutual zooms ahead
UK and South Africa listed insurer Old Mutual has recorded a hike in operating profits of 61% to £457...
German move for Willis
Willis Group is to form a new company to serve the needs of Japanese clients in Germany, which will b...
Abbey secures Scottish Provident
Abbey National is to acquire mutual insurer Scottish Provident for £2bn, beating off rival bids from...
Negative outlook for reinsurance rates
Even a major catastrophe would not be enough to trigger a significant rise in reinsurance rates, rati...
Alexander Forbes picks up Bradstock businesses for £12.7m
Broker Alexander Forbes plans to acquire the Bradstock Group's retail insurance broking operations an...
New general insurance advice qualification
The Institute of Financial Services, part of the Chartered Institute of Bankers, has developed an ins...
Taylor quits as ALARM boss
Liz Taylor, chief executive of the Association of Local Authority Risk Managers, is leaving the assoc...
Scandinavian raise.
Scandinavian Re, the Bermudian finite reinsurer owned by Sirius, has had its counterparty credit and...
LaSalle sees rates increase.
LaSalle Re's latest results provide further evidence that reinsurance rates are improving. The Berm-...
More cover for Europeans.
Attempts by companies in Europe to protect themselves from weather effects is precipitating growth in derivatives, says Adrian Leonard.
Appointment at Swiss Re.
Peter Forstmoser (right) has succeeded Ulrich Bremi as chairman of Swiss Re's board of directors. Mr...
Fallen Star.
Signet Star Re's parent WR Berkley of the US recorded a 16.2% year-on-year fall to $63.3m in net rei...
Schell becomes president of St Paul Re.
Mike Schell, managing director of St Paul Re UK (pictured), has been appointed to the newly created ...
Tipping the balance.
Does each party to a reinsurance dispute have the right to appoint an arbitrator, and can that right be lost? Peter Chaffetz and Steven Schwartz examine two seemingly contradictory decisions.
Appointment at IPC Re.
James Bryce (below) has been promoted to succeed John Dowling as president and CEO of Bermudian prop...
Moody's sees £3bn losses at Lloyd's.
Moody's has substantially increased its forecast of losses at Lloyd's in the next three years. It...