Reinsurance
IPC quarterly results up 23%
IPC has reported a net income of $77.2m in its results for the first quarter of 2007.
Winners and Losers
Post's monthly round-up of job cuts and gains
Lloyd's rating upgrade
Standard and Poor's Ratings Services has raised its insurer financial strength rating of the Lloyd's...
Awash with interest
Catastrophe bonds
Aspen appoints new head
Aspen Insurance Holdings has announced the appointment of Matthew Yeldham as head of international i...
Yeldham quits Catlin for Aspen role
Aspen Insurance Holdings has announced the appointment of Matthew Yeldham as head of international insurance.
Clarification re Everest re article April 2007 pages 18-19
In last month’s (April 2007) issue of the magazine we ran an interview by the journalist Mairi Mallon with Joe Taranto of Everest Re, charting his meteoric rise to chief executive and chairman of this global reinsurer.
Talbot to benefit from high-profile Art deal
Lloyd's insurer Talbot's underwriting agency business could gain access to around £7m in premium fro...
Cooper Gay invests in Argentine operation
Cooper Gay has taken a shareholding in Reinsurance.com.ar, a reinsurance broker based in Miami and Buenos Aires. Guillermo Pastore, an experienced market practitioner with more than 20 years insurance and reinsurance experience, is CEO of the operation.
Appointment at Aspen Insurance
Aspen Insurance Holdings has announced the appointment of Richard Houghton as chief financial office...
Integro set to launch UK-based retail arm
Ambitious global broker Integro will launch a UK-based retail arm in the next 12 months to follow la...
Integro confirms swoop for GC Fac duo
Integro the $300m New York-based start-up insurance brokerage and risk management firm set up in 2005 with backing from serial (re)insurance entrpreneur Bob Clements, has announced the formation of an international insurance and reinsurance business unit…
Appointment at Ascot Underwriting
Alex Lumby is joining Ascot Underwriting's Asia operation in May as chief underwriter and principal ...
Sunk cargo ship litigation to begin
Insurers and underwriters are readying for litigation with the owners of the MSC Napoli in a bid to ...
Arag chosen as provider
Broker2Broker has chosen Arag Legal Insurance to provide a range of commercial legal expenses produc...
Aon parades Benfield defector in new unit launch
Reinsurance broker Aon Re Global has launched a new facultative reinsurance unit, Aon Re Global Fac, headed by Elliot Richardson, former global head of facultative solutions at Benfield.
London P&I Club celebrates improved renewal season
The London P&I Club successfully completed the P&I renewal season on February 20, 2007, having recorded an increase of nearly three million gross tons in membership during the course of the 2006/07 policy year.
Lloyd's Chinese start-up given equal rating
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to Lloyd’s Reinsurance Company (China), which is in line with the corporation's UK rating. The outlook on the FSR is stable, and the outlook on the ICR…
Willis Re says global softening trend continues at 1st April renewals
Reinsurance broker Willis Re has said that the April 1 reinsurance renewals have seen pricing stay flat or fall and that barring a major catastrophe it expects the trend to accelerate with the July 1 renewals across all lines of business
Aon and Benfield in $18.6m settlement
A settlement has been reached between Aon Re Global and Benfield Group after former Benfield faculta...
recruitment moves
Re-sume
Poaching and gamekeepers
Re-sume
PXRE wins back rating from AM Best as Peleus Re gets an 'A-'
Rating agency AM Best has assigned a financial-strength rating (FSR) of 'A-' to Bermudian start-up r...
Everything you need to know about the Strike Club
Briefing: Strike Club