Reinsurance
BLG hires trio for casualty practice
Barlow Lyde & Gilbert has announced that three personal injury lawyers - one costs specialist and two barristers - will be joining the firm’s casualty practice.
Appointment at Ark
Ark Syndicate Management has recruited David May as head of Casualty Re, and Andrew Aldwinckle as se...
Integro recruits duo
Integro has appointed two principals to the firm's recently launched insurance and reinsurance group...
Appointment at Integro
Integro has recruited Guy Bessis as managing principal for the firm's international insurance and re...
Clement Booth - Fighting against the status quo
Challenging the unacceptable cost of transacting business in the insurance market, Allianz's head of insurance, Anglo broker markets, Clement Booth tells Ralph Savage that the days of 30-50% being spent on intermediation and administration should be…
Appointment at Marsh
Ian Peters has been hired to lead Marsh's forensic accounting and claims services practice for the M...
Tawa to buy PXRe
Non-life run-off consolidator Tawa has entered into a stock purchase agreement with Argo Group Inter...
Libel - By the book
Professional Indemnity
Risk and insurance services launched for the care home industry
Erinaceous Insurance Services and Norwich Union, together with eight other companies, are set to unveil CareAssured, an integrated insurance and risk management programme for the care home sector.
Guy Carp names GCFac bosses
Guy Carpenter has announced that Mark Newman, Hugh Powell and John Trace have been named Co-Leaders of its GCFac, Guy Carpenter’s dedicated global facultative reinsurance unit.
Validus reports net income of $136.5m for 3Q07
Validus Holdings Limited has reported net income of $136.5m for the third quarter of this year, compared with $69.7m in the same period in 2006.
Tawa buys PXRE US run-off for $114m
Tawa the UK-quoted non life run-off consolidator, has announced that it has entered into a stock purchase agreement with Argo Group to buy its US PXRE Reinsurance company for an estimated $114m in cash.
Run off firm enters US market with PXRe acquisition
Non life run off consolidator Tawa has entered into a stock purchase agreement with Argo Group International to acquire its subsidiary, PXRe Reinsurance for an estimated cash consideration of US$114m.
Cats hit Munich’s 3Q reinsurance results
Munich re has unveiled third-quarter 2007 results showing it wrote €5,476m for a combined ratio of 97.1% against premiums of €5,504m and a combined ratio of 92% in same period a year earlier.
Ironshore buys US admitted shell
Bermudian start-up Ironshore's US subsidiary has completed the acquisition of Stockbridge Insurance Company, a US-based admitted insurance company, from Folksamerica Reinsurance Company. Subject to regulatory name change approval, the company will be…
Integro announces Guy Carp recruits
Integro has appointed two principals to the firm’s recently launched insurance and reinsurance group based in London. John Millar and Andrzej Danyluk both join Integro from Guy Carpenter.
Montpelier completes US E&S buy
Montpelier US, the Hartford-based subsidiary of Bermudian reinsurer Montpelier Re has completed the purchase of US excess & surplus lines company General Agents Insurance Company of America, after receiving regulatory approval from the Oklahoma…
Talbot unveils new senior appointments
Talbot Underwriting today unveiled a series of senior underwriting appointments:
Lancashire premiums up 40%
Lancashire has announced it is carrying out a £50m share buy-back to help boost its price after unve...
XL defiant as rival poaches underwriter
XL has shrugged off speculation that it could lose more of its Dublin-based casualty division's empl...
Tokio Marine wins Biba travel scheme
Tokio Marine has defeated 11 rivals to underwrite a British Insurance Brokers' Association "flagship...
Penny Black's insurance week
They are a sophisticated bunch those reinsurers, Penny thought. While domestic insurers congregate i...
Oval makes healthcare push
Oval has formed a healthcare division through the acquisition of Bristol and Lancashire-based broker...