Reinsurance
Hardy sells off Atrium stake
Hardy Underwriting Group has announced that it has sold its entire holding of 11.5m shares in Atrium Underwriting (representing 23.2% of the issued ordinary shares in the company). The sale was effected through a placing by KBC Peel Hunt with…
Moody's upgrades Assured Guaranty
Moody’s Investors Service has upgraded to Aa1 (excellent), from Aa2 (excellent), the insurance financial strength rating (IFSR) of Assured Guaranty (previously ACE Guaranty) and upgraded to Aa2, from Aa3, the IFSRs of the Assured Guaranty Re (previously…
Atrium acclaims 2003 aviation performance
Lloyd's managing agency Atrium reported good performance across all lines of business in 2003, with ...
Appointment at Ri3k
Ri3k has hired Colleen Meacock as European sales manager. She was formerly employed as a reinsurance...
Moore tops RAA elections
Scott Moore, president and chief executive officer of PartnerRe, has been elected chair of the Reinsurance Association of America (RAA) by association members.
Swiss Re issues WTC statement
Swiss Re has issued its first public comment on the verdict in its favour in the World Trade Centre trial in New York.
Ace UK set for growing role within global company
Ratings agency A.M. Best has given a financial strength rating of A (Excellent) to ACE INA UK and the insurer's Belgian operation, declaring both operations are core to the group's strategy.
Atrium announces profits of £13.6m
Lloyd’s insurer Atrium has announced a group profit of £13.6m and confirmed a number of management changes.
St Paul International rated Excellent by A.M. Best
Ratings agency A.M. Best has affirmed the A (Excellent) financial strength rating of St Paul International Insurance Company (London). The rating has been removed from under review and assigned a stable outlook.
Moody’s affirms A- rating for Lloyd’s Atrium Syndicate
Moody's Investors Service has affirmed the A- rating of Lloyd's syndicate 570, Atrium Underwriters, with the outlook remaining stable.
Hannover Re contracts to use online platform
Hannover Re has contracted to use the E-reinsure online platform for reinsurance negotiation. Ulrich...
Doubts for Marlborough after sale
Doubts have arisen over the long-term future of Lloyd's managing agent Marlborough Underwriting, fol...
Penny Black's insurance week
It is said that supporting English cricket is the surest way to misery and hopelessness - any brand ...
Benfield splits with Wildnet after MBO
Broker Benfield has parted company with its IT subsidiary Wildnet after a private equity-backed mana...
Appointment at Guy Carpenter & Company
Risk and reinsurance specialist Guy Carpenter & Company has appointed Jan Stormann to head the compa...
Las Vegas uncovered
Acord/Loma Forum preview
Terrorism - Brokers call for Tria extension
Leading US brokers are calling for the extension of the federal Terrorism Risk Insurance Act (Tria),...
Appointment at Aon Re International
Richard Posgate has been appointed group operations director at Aon Re International. Mr Posgate, wh...
AM Best affirms Top Layer Re's rating
Re-ratings
Reap what you sow
Crop insurance
Bermuda's billion-dollar club
A closer look at some of Bermuda's most established reinsurance companies finds business is still piling up through expansions