Reinsurance
Travelers sets up Cat bond
Longpoint Re II launched by US insurance giant
Arch launches Australian business
Bermudian reinsurer launches Australian underwriting business
Transatlantic announces $200m share repurchase
$200m worth of shares to be purchased before the end of 2011
Outcome of the Copenhagen climate summit “baffling” – Munich Re
Nikolaus von Bomhard, CEO of Munich Re has condemned the lack of pledges made at the Copenhagen climate summit and noted that it is now down to industries such as insurance to ensure that climate change initiatives go ahead
Banco do Brasil to acquire control of IRB Brasil Re
Banco do Brasil is likely to acquire control of IRB Brasil Re, Brazil’s state-controlled reinsurance company, in the first quarter next year, Brazilian newspaper Valor Economico has reported.
Healthcare bill to bar insurers from denying coverage – Obama
Obama says healthcare bill will bar insurers from denying coverage to those with existing illnesses, terminating coverage for those who become ill, or charging “exorbitant premiums” on the basis of age or gender
Liberty Syndicates CFO resigns
Chief financial officer of Lloyd's (re)insurer resigns
Amlin in Lockton talks
Lloyd's insurer may effect transfer of the broker's insolvency practioners' insurance business.
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Axis grabs health underwriter from Endurance
Art Bocek moves from Endurance to Axis Capital.
QBE buys Evergreen
Deal will grow QBE's property offering
Chaucer announces management shake-up
New chief executive appointed following retirement of Ewen Gilmour
RFIB appoints new director
Broker adds Stephen Grant to its board
US Congress passes (re)insurance sanctions on Iran
US Congress has backed plans to impose sanctions on Iran including an insurance and reinsurance ban for Iranian tankers as part of the Iran Refined Petroleum Sanctions Act
PartnerRe promotes Paris Re CRO
Paris Re chief risk officer Jerome Carre as PartnerRe group risk management director
Former Benfield Corporate Risks founder leaving Aon
John Lapsley is moving on on after a year of integrating the Benfield Corporate Risks into Aon
Hogan & Hartson and Lovells vote to merge
International law firms Hogan & Hartson and Lovells’ respective partnerships have approved the merger of their firms. The combination will be known as Hogan Lovells, effective 1 May 2010.
Swiss Re insures UK local authority pension fund
Swiss Re has provided insurance for a British local authority pension fund against cost increases due to members living longer than expected, in the first such deal involving a government body.
Blog-re: Here come the girls
New blog-re availible to read online now
Total UK insurance premiums down, but GI up 8% to £47.2bn.
Claims made in latest International Financial Services London report.
Zurich to release California quake cat bond
S&P rates upcoming Zurich cat bond
Aviation insurers to post third annual loss - Aon
Airline insurers, including Berkshire Hathaway and Allianz, may lose money this year on costs from the Air France crash, forcing the industry to raise prices, according to Aon.
S&P upgrades Catlin
Standard & Poor's upgrades Catlin to 'A' from ‘A-‘