Reinsurance
AIG reorganizes domestic insurance ops
American International Group is reorganizing its domestic insurance operations to improve efficiency and customer service, the company said.
Dual reports rise in GWP
Dual International has reported a 17% increase in gross written premium from 2006, reaching €104m for the financial year to September 2007.
Fed prosecutors pressuring Berkshire to fire Gen Re CEO - report
Federal prosecutors are pressuring Berkshire Hathaway to replace the chief executive of its reinsurance subsidiary General Re, following criminal-fraud convictions of four former General Re executives earlier this year, says the Wall Street Journal,…
Loss adjusters merge
Axis International Loss Adjusters and Surveyors has sold its North American specialist adjusting business to York Specialized Loss Adjusting, a division of York Insurance Services Group, for an undisclosed sum.
Time to test yourself
A selection of questions from various past-CII qualification papers
Aspen gets Lloyd's nod
Aspen Insurance Holdings has received approval from Lloyd's to establish a new syndicate, Syndicate ...
Argo to acquire Heritage
Argo Group International Holdings has agreed a cash deal to acquire the share capital of Heritage Underwriting Agency.
Swiss Re replaces Ferguson as head of financial services
Swiss Re has confirmed that it has parted company with its head of financial services Roger Ferguson ending months of speculation that he had been ousted following the reinsurance giant’s sub-prime write-downs of autumn 2007. Swiss Re said Mr Ferguson…
Leave insurance alone, says NAIC
The National Association of Insurance Commissioners (NAIC) has responded negatively to the the US treasury department’s blueprint for financial regulatory Reform.
Paulson calls for optional US federal insurance regulation
Secretary of state to the US Treasury Henry Paulson has called for optional federal regulation of the US insurance industry.
Modeling match?
Blog-Re-Com
Fitch downgrades SCA to junk status
Fitch Ratings has downgraded the insurer financial strength (IFS) ratings of Bermudian (re) insurer ...
A bunch of frauds?
Dear friend, I suppose I'd better try and explain this month's intriguing front cover. It all start...
Space claims are out of this world
Space claims are estimated to reach $835m for 2007, prompting insurers to re-assess their premium ra...
Marsh brokered Burma aviation business into London
Following an exhaustive investigation by Alexander Ferguson click through for an exclusive report.
Harbor Point eyes Omega purchase
Bermudian (re)insurer Harbor Point may have Lloyd's insurer Omega in its sights, sources have told R...
Arch and Gulf Investment Corporation launch Gulf Re
Bermudian (re)insurer Arch Capital and the Gulf Investment Corporation (GIC) said at the World Insur...
Benfield confirms job cuts on the way
Some of Benfield's £15m proposed cost savings will come in the form of job cuts, confirmed the reins...
Flagstone to acquire 65% share of Imperial Re
Bermudian class of 2005 start-up (re)insurer Flagstone Re has announced that it is to buy 65% of Sou...
Diary - April 2008
Re-sume
Exchange agreement is signed
Bermuda-headquartered (re)insurance group White Mountains has signed an exchange agreement with Berk...
Ironshore launches healthcare division
Ironshore has announced it is entering the healthcare liability sector with the launch of Ironhealth...