Canopius
Barbican to bid for Omega
Barbican Insurance has refused to comment on rumours that it will make a takeover bid for Omega.
Canopius promotes Webb and Sandle
Specialist insurer Canopius has made two promotions in its marine & energy division.
Canopius promotes two in marine and energy
Canopius Group has promoted two members of its marine & energy division.
Canopius submits 83 pence a share offer for Omega
Lloyd's isnurer Canopius has submitted an indicative proposal to the board of rival Omega to acquire the entire issued and to be issued ordinary share capital of Omega for cash consideration of 83.0 pence per share.
Mark Byrne to take over at Omega
Bermuda insurer Haverford is to take a 25% stake in troubled Lloyd’s insurer Omega Insurance Holdings, with Haverford boss Mark Byrne taking the Omega chairman’s role.
From the archives - 9/11 Terrorism: Ten years later...
A decade has passed since the attacks on the World Trade Center in New York. How has the market for terrorism policies responded and recovered in that time?
AM Best A-rates Omega at Lloyd’s
AM Best has confirmed its A rating from Lloyd’s insurer Omega but warned the rating is under review with negative implications.
Omega points to H1 catastrophes following early losses
Record industry-wide catastrophe losses have been blamed by Lloyd’s insurer Omega for an after-tax loss of $44.5m (£27.2m) in the first half of 2011.
People moves - 11 August 2011
A round-up of people moves and new appointments in the industry, as featured in the 11 August 2011 edition of Post.
Canopius appoints underwriters to sabotage and terrorism team
Canopius has appointed Tim Davies and Jennie Beard as underwriters to its sabotage & terrorism team.
People moves - 28 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 28 July 2011 edition of Post.
Interview - Charles Earle: Aiming high with Arista-cratic Earle
Despite falling short of his initial five-year plan, Charles Earle has still seen Arista make considerable achievements. He talks to Lynn Rouse about his philosophy surrounding underwriting control, system transparency and acquisition plans.
Novae-Omega merger falls through
Novae has announced to the London Stock Exchange that “it is unlikely a transaction can be structured in its interest” with fellow Lloyd’s insurer Omega.
KGM Motor CEO exits during restructure
Colin Hart, chief executive of Canopius-owned KGM Motor has left the group, amid a restructure that sees the formation of a new UK retail division.
People moves – 30 June 2011
A round-up of people moves and new appointments in the industry, as featured in the 30 June 2011 edition of Post.
Hart leaves KGM as Canopius launches UK retail division
Colin Hart, chef executive of Canopius-owned KGM Motor is set to leave the group amid a restructure that sees the formation of a new UK retail division.
Canopius bolsters global property team
Canopius Group has promoted Derek Hansen to divisional underwriter, global property, reporting to Mike Duffy, joint active underwriter, syndicate 4444.
Barbican confirms Omega approach
Barbican has confirmed its interest in merging with fellow Lloyd's insurer Omega.
Novae in "due diligence" over Omega merger proposal
Novae has become the latest Lloyd's insurer to consider entering merger talks with a rival.
Omega Q1 GWP steady as cat losses “compare favourably to peers”
Omega Insurance Holdings has posted gross written premiums of $129.5m (2010: $124.5m) in Q1 2011.
Perseverance prepares to exit UK insurance market
Perseverance, the Gibraltar-based former owner of KGM, is set to dispose of one of its remaining assets in the UK insurance market, Post understands, following negotiations to sell its stake in One Answer Network.
Canopius Europe begins operations
Canopius Europe, the latest underwriting platform from Canopius Group, has commenced operations.
Penny Black's insurance week
It is always nice when a familiar face reappears on the heady insurance circuit, so it was with some pleasure that Penny heard Zurich's former European CEO Annette Court is currently scouring the UK insurance market for her next big move.
Omega puts $23.6m price on Japan earthquake and tsunami
Omega Insurance has published an initial estimate of ultimate net losses arising from the Japanese earthquake and tsunami of 11 March 2011.