Reinsurance
Post Magazine 21 January 2010
This week's issue includes a look at the latest initiatives in voice stress analysis and the battle to combat fraud, the Jackson Report, the commercial lines aggregator market and all the latest news and views from the UK general insurance market.
JMD Specialist Insurance acquired by Randall & Quilter
Randall & Quilter has enquired the entire share capital of JMD Specialist Insurance from BP Marsh for around £2m.
US earthquake model launched
RMS launches a US earthquake model
Invest in your profession
This week, Post launches Investing in the Profession, a new campaign aimed at raising the profile of some of the great initiatives that are taking place in the general insurance sector to improve professionalism and standards.
Berkshire Hathaway shareholders approve stock split
Berkshire Hathaway shareholders approve a 50-for-1 share split.
Brian Connolly joins Miller
Mr Connolly joins energy, property and casualty team.
Great Lakes names new chairman
Reinsurer appoints Tony Medniuk
Gen Re in AIG probe settlement
Gen Re will settle a US governmental investigation into its dealings with AIG, Bloomberg has said.
Beazley overhauls claims
Lloyd's insurer implements Guidewire technology.
Max Capital keen for merger partner
Bermudian reinsurer says "enhanced scale" is desirable in letter to shareholders
Endurance makes internal promotion
Kimberley Morgan promoted to practice leader for Bermuda healthcare practice
RLI expanding into crop reinsurance
RLI expands into crop reinsurance with a quota share agreement
The Hartford planning new cat bond
The Hartford is planning a new catastrophe bond, reports say.
Willis the lead broker for $7m ransom supertanker
Willis is the lead broker for the Greek tanker released by Somali pirates after record $7m ransom paid. Small shares of the business also broked by Marsh and Aon.
Chaucer considering redomestication
Chaucer may leave London to reduce tax bill
Breden departs HSBC
David Breden, managing director of HSBC Operational Risk Consultancy, resigned earlier this month to join a financial conglomerate in Jersey
Swiss Re closes retro transaction with Berkshire Hathaway
Swiss Re transfers risk from closed block of US individual life reinsurance business to Berkshire Hathaway in order to redeploy capital at more attractive returns
Environment Agency publishes indepth report into 2007 floods
It estimates £3.2bn worth of damage was caused, but a quarter of households were not insured.
Admiral and Hannover Re strengthen ties as part of new reinsurance deals
Group CEO Engelhardt unveils contracts covering UK, Europe and the US
US P&C industry finding it hard to attract new talent - McKinsey
The US property & casualty industry is having troubles attracting new talent, McKinsey says.
Villers gets Aspen Insurance CEO job
Aspen has reshuffled its management, with Rupert Villers getting top job at Aspen Insurance