Reinsurance
Ironshore gains Louisiana E&S licence
Bermuda start-up Ironshore Insurance has been approved on October 25, 2007 to provide property and catastrophe insurance on an excess and surplus (E&S) basis for risks located in the state of Louisiana.
Oval aquires PMI specialist UMS
Oval has acquired Bristol and Lancashire based broker United Medical Services.
Atrium goes live with Room BPO solution
Atrium Underwriters is the first insurer to go live with a new business process outsourcing service launched by Room Solutions.
RMS estimates up to $1.6bn losses from Californian wildfires
The wildfires ravaging Southern California are likely to cost insurers between $900m and $1.6bn, making them among the most expensive in the region's history, according to modelling company, Risk Management Solutions (RMS).
Independent: A success story turned sour
The Independent Trial: The verdict
Appointment at Liberty Syndicates
Nick Metcalf is the new chief executive of Liberty Syndicate Management. Mr Metcalf joins from Arch ...
Arch to pull plug on Biba travel scheme involvement
Arch Europe will stop acting as underwriter on the British Insurance Brokers' Association holiday tr...
Integro boosts London operation with Willis swoop
Integro has appointed Guy Bessis as managing principal with the firm’s newly established international insurance and reinsurance unit in London. he has been charged with developing business from Continental Europe and South Africa and developing Integro…
The Indie Trial Verdict
Michael Bright, Denis Lomas and Phillip Condon are sentenced at Southwark Crown Court.
Metcalf takes helm at Liberty Syndicates
Liberty Syndicate Management, part of U.S.-based insurer Liberty Mutual Group, has appointed Nick Metcalf as its new chief executive.
Marsh sets up forensic accounting and claims practice
Marsh has established a forensic accounting and claims services practice for the Middle East and North Africa. Based in Dubai, the FACS Practice is led by Ian Peters, formerly a senior claims consultant with the FACS team in London.
Connecticut Attorney issues lawsuit against Guy Carpenter
The Connecticut Attorney General Richard Blumenthal has launched a lawsuit against Guy Carpenter all...
Insurer plans to back Northern Rock rescue
Two global insurance heavyweights are part of a consortium looking to buy beleaguered mortgage bank,...
Benfield buys Beaufort
Benfield has entered into an agreement to buy the businesses of Beaufort International Insurance and...
RMS '87 hypothesis
Twenty years since the 'Great Windstorm' that hit southern England and northern France on 15 and 16 ...
Zurich head in call for co-operation
Zurich Insurance's senior managers are keen to discuss greater co-operation between firms in dealing...
Arch cuts unprofitable construction ties
Arch Europe is believed to have withdrawn from the UK's construction liability market after it becam...
Calm after the storm
2007 Baden-Baden Preview
Integro hires former Willis big-hitter
Integro’s new London-based international insurance and reinsurance division has hired Guy Bessis as a managing principal.
MMC securities repositions under Guy Carp brand
Global broking and advisory group Marsh & McLennan Companies (MMC) has announced that it has changed the name of its MMC Securities investment banking subsidiary to GC Securities and has expanded its capabilities in Europe.
Hiscox cancels pioneering Panther sidecar
Lloyd's and Bermuda specialit (re)insurer Hiscox has revealed that Panther and its Lloyd's Syndicate 33 have agreed that the quota share deal between Panther Re and Syndicate 33 covering the 2007 year of account will not be renewed for 2008.
Former Lloyd's CEO takes insurer board role
Ironshore today announced that Ronald A. Sandler has been elected to its board of directors.
Aspen enters global excess casualty with Patten hire
Aspen has announced it is entering the global excess casualty insurance market and is establishing a dedicated underwriting unit based in Dublin.
RAA backs Florida Cat Fund proposal
The Reinsurance Association of America (RAA) has backed a proposal by a senior government officer in Florida it says could reduce the potential for future catastrophe fund assessments on Florida’s insurance consumers.