AIG
Rethink: Rates caution as Monte Carlo approaches
Our monthly round-up of readers' opinions shows that rates are stable with little sign of imminent change as the market gears up for the Monte Carlo Rendezvous.
Q2 cat bond issuance surge
Guy Carpenter has announced the completion of eight catastrophe bond transactions, totaling $2.05bn of risk capital as investor appetite remains strong.
BIS 2010: Baugh claims UK insurance industry lacks cohesive voice
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too “fractured”.
Sports sponsorship: A sporting frenzy
At first glance, sports stars and insurers wouldn't appear to have much in common but, with the benefits of sports sponsorship proving their worth, Daniel Dunkley asks is it any wonder everyone is trying to get in on the action?
Postbox: No banking business for Chartis
Regarding the article "Chartis to fill short-term lending gap for trade credit clients", I would like to clear up any misconception that Chartis was to begin lending up to £10m.
Broker event to be repeated
Leeds-based Henderson Insurance Brokers has attracted 35 insurers to its inaugural conference and plans to make it an annual event.
US financial markets - Enter the enforcer
Two years on from the onset of the financial crisis, what lessons has reinsurance learnt? Tim Evershed investigates.
Editor's comment: Chartis an unlikely saviour
With businesses warned only last week against complacency following another high-profile failure in the UK — this time social housing giant Connaught — news of being able to secure up to £10m in short-term loans from trade credit insurer Chartis will…
Chartis to fill short-term lending gap for trade credit clients
Chartis is to begin lending up to £10m to its trade credit insurance claimants to compensate for a lack of short-term loans from traditional banking channels.
BIS Countdown - finance raising: Back on the menu
With only a week to go before the inaugural British Insurance Summit, Seb Kafetz explains how the appetite for financing insurance ventures is alive and well despite continued economic turbulence.
MSIG announces three appointments
Mitsui Sumitomo Insurance Underwriting said that as part of an ongoing strategic development programme in the UK and Europe, is has made three new senior appointments in PI, business planning and reinsurance.
Insurers show hands over PI renewals
RSA has confirmed it has closed its doors to new clients looking for solicitors' professional indemnity insurance.
Former AIG boss Sullivan joins Willis
Former AIG chief executive Martin Sullivan has been appointed deputy chairman of Willis Group Holdings and chairman and CEO of a new business unit, Willis Global Solutions.
Arista appoints three in Bristol
Commercial lines underwriting agency Arista Insurance, has made three appointments to its Bristol office.
Aon Benfield appoints new ratings agency head in UK & EMEA
Aon Benfield has appointed Chris Myers head of Rating Agency Advisory for its UK and Europe, Middle East, and Africa (EMEA) regions.
AIG repays American taxpayer another $4bn
AIG has applied nearly $4 bn received from International Lease Finance Corporation to the Federal Reserve Bank of New York Revolving Credit Facility, reducing AIG's outstanding principal balance to slightly more than $15 bn, not including accumulated…
AIG repays American taxpayer another $4bn
AIG has applied nearly $4 bn received from International Lease Finance Corporation to the Federal Reserve Bank of New York Revolving Credit Facility, reducing AIG's outstanding principal balance to slightly more than $15 bn, not including accumulated…
Former Chartis staff join Ace
Ace UK has made two appointments to its Midlands regional management team.
RSA spotlight - Bob Mendelsohn: Whatever happened to Bob?
Having promised RSA that he would make it his mission to track down its former CEO Bob Mendelsohn to mark the firm's 300th anniversary, Jonathan Swift's job was made somewhat easier than anticipated when he resurfaced at US insurer Navigators last week…
Parabis: insurers hit by investment cuts
Claims management firm Parabis is set to offer motor claims investigation services to insurers following the acquisition of Liverpool-based firm Motor Investigation Agency.
Career development & CSR news: Chartis bike ride success
Lycra-clad Chartis employees were wheeled out to do their bit for charity by taking part in a London to Paris bike ride.
Career development & CSR news: Record-breaking trek helps turn around 114 young lives
The insurance industry has raised a record-breaking £160 000 for youth charity The Prince's Trust, by taking part in a gruelling 10-day journey through Borneo.
AIG Q2 2010 results reveal losses
AIG has reported a net loss attributable to AIG of $2.7bn for the second quarter of 2010, compared to $1.8bn in the second quarter of 2009.
RSA on track to double book
Mark Christer, managing director of More Than, has taken over RSA's global renewable energy book.