Reinsurance
Gen Re in AIG probe settlement
Gen Re will settle a US governmental investigation into its dealings with AIG, Bloomberg has said.
Beazley overhauls claims
Lloyd's insurer implements Guidewire technology.
Max Capital keen for merger partner
Bermudian reinsurer says "enhanced scale" is desirable in letter to shareholders
Endurance makes internal promotion
Kimberley Morgan promoted to practice leader for Bermuda healthcare practice
RLI expanding into crop reinsurance
RLI expands into crop reinsurance with a quota share agreement
The Hartford planning new cat bond
The Hartford is planning a new catastrophe bond, reports say.
Willis the lead broker for $7m ransom supertanker
Willis is the lead broker for the Greek tanker released by Somali pirates after record $7m ransom paid. Small shares of the business also broked by Marsh and Aon.
Chaucer considering redomestication
Chaucer may leave London to reduce tax bill
Breden departs HSBC
David Breden, managing director of HSBC Operational Risk Consultancy, resigned earlier this month to join a financial conglomerate in Jersey
Swiss Re closes retro transaction with Berkshire Hathaway
Swiss Re transfers risk from closed block of US individual life reinsurance business to Berkshire Hathaway in order to redeploy capital at more attractive returns
Environment Agency publishes indepth report into 2007 floods
It estimates £3.2bn worth of damage was caused, but a quarter of households were not insured.
Admiral and Hannover Re strengthen ties as part of new reinsurance deals
Group CEO Engelhardt unveils contracts covering UK, Europe and the US
US P&C industry finding it hard to attract new talent - McKinsey
The US property & casualty industry is having troubles attracting new talent, McKinsey says.
Villers gets Aspen Insurance CEO job
Aspen has reshuffled its management, with Rupert Villers getting top job at Aspen Insurance
Nadra Bank losses helping to drive trade credit prices up
Nationalised Ukranian bank helping to drive rates skywards, Reinsurance has learned.
Haiti to cost Hannover €20m
Hannover Re expects €20m burden from Haiti earthquake.
Worst of financial crisis is over, says survey
The worst of the financial crisis is over, according to a survey of senior executives conducted by the Insurance Information Institute.
Frank O'Halloran voted to Insurance Hall of Fame
QBE chief executive Frank O'Halloran has been elected to the International Insurance Society's Insurance Hall of Fame.
Pick of the week
Pressure mounts after pleural plaques review thrown out; Insurers warned over off-shoring VAT bill; Zurich plans real estate growth; Oakley opens branch of Chesham Insurance; Smaller brokers face FSA fees hike
XL share price falls 5% on Ireland plans
XL's share price falls 5% on worries that the group's plan to Ireland might lead it to be removed from New York indices.
Omega appoints ex Amlin development boss as head of IR
David Coles takes up investor relations role at listed firm.