Reinsurance
Cox in Equity Red Star rebrand move
Cox-owned Anthony Kidd Agencies is set to be rebranded under its parent's Equity Red Star banner. F...
Appointment at Axis Capital
Jeffrey Berkshire has joined Axis US Insurance as vice-president for its E&S property unit. His insu...
Montpelier Re announces Q2 profit
Montpelier Re has posted a $107m profit for the second quarter of 2004, down slightly on the $112.5m it wrote over the same period of 2003.
Ace reports good Q2 figures
Bermuda-based Ace has reported net income for the second quarter of 2004 of $413m, an increase of 11.3% compared with net income of $371m for the same quarter last year.
New LMP group formed
A new cross-market group of senior practitioners has been established to drive the implementation of London Market Principles (LMP) reforms projects.
US regulatory task force unanimously approves resolution
A US regulatory task force unanimously approved a resolution to extend the Terrorism Risk Insurance ...
Risk flow overseas is stemmed
One group that may not have to worry about such regulatory matters are members of the Association of...
Market criticises Buffett Lloyd's consolidator plan
Capital Insurance Holdings' courtship of numerous Lloyd's insurers last week has met with stern defi...
XL announces new appointments
XL Capital (XL) has announced that Michael Rego and Frederick Hnat have been appointed to new positions within its Financial Products and Services Operations.
TRIA calls continue
The Property Casualty Insurers Association of America (PCI) has supported the National Conference of Insurance Legislators’ (NCOIL) new resolution urging Congress to continue to extend the Terrorism Risk Insurance Act (TRIA) beyond its expiry date of 31…
AM Best downgrades Inter-Hannover
AM Best has downgraded the financial strength rating of International Insurance Company of Hannover (Inter-Hannover), a UK-domiciled subsidiary of Hannover Rueckversicherung (Hannover Re) from A (Excellent) to A- (Excellent). The rating outlook is stable.
Community Broking Group acquires Carpenter Rees Jackson
Community Broking Group has acquired Carpenter Rees Jackson, an independent financial planning pract...
TRIA extension calls continue
Momentum is building in the US Congress for the extension of the Terrorism Risk Insurance Act (TRIA) of 2002, according to the American Insurance Association (AIA).
Scor creates exchange platform
Scor Group has created an electronic exchange platform with Benfield, the international broker.
Benfield Group sells its 50% holding in Benfield Sports
Reinsurance broker Benfield Group has sold its 50% holding in Benfield Sports International, a sport...
Appointment at Aspen Insurance Holdings
Aspen Insurance Holdings has appointed a new underwriting team, headed by liability specialist John ...
Atrium hints at withdrawal
Lloyd's insurer Atrium has hinted that its business has hit the peak of the rating cycle and that a ...
Benfield sells off sporting subsidiary
Reinsurance intermediary Benfield Group has announced the sale of its 50% holding in Benfield Sports International (BSI), a sports marketing consultancy.
Atrium predicts underwriting reduction in 2005
Lloyd's insurer Atrium has hinted that its business has hit the peak of the rating cycle.
NAIC calls for TRIA extension
The National Association of Insurance Commissioners has urged Congress to adopt a two-year extension...
S&P revises Hannover Re outlook
Standard & Poor's Ratings Services (S&P) has revised its outlook on German reinsurer Hannover Rückversicherung (Hannover Re) and other core members of the Hannover Re group to stable from negative.
Fitch affirms PartnerRe ratings
Fitch Ratings has affirmed the 'AA' (very strong) insurer financial strength rating of Partner Reinsurance.
NAIC issues TRIA extension call
The National Association of Insurance Commissioners (NAIC) has called on the US Congress to adopt a two-year extension of the Terrorism Risk Insurance Act (TRIA).
Winners and Losers: Post Magazine's monthly round-up of job cuts and gains
WINNERS Helphire Group has opened its 15th regional branch, in Newcastle. With another five branche...