Reinsurance
AIG's Benmosche extends olive branch to Greenberg
AIG's new chief executive says that Hank Greenberg can help with the company's turnaround.
Chaucer profits rise
Chaucer's profit more than doubles
Swiss Re sells workers comp arm
Swiss Re has sold its CyberComp unit to AmTrust in order to concentrate on its core reinsurance business
Willis names North American retail boss
Vic Krauze has been appointed as president of the North American retail business, Willis HRH
Colemont promotes Miles as UAE MD resigns
David Miles promoted to managing director after previous MD leaves.
Swiss Re staff defect to Ariel
Bermudian (re)insurer opens Swiss branch office after three senior Swiss Re staff move to group.
Hiscox first half profits up 30%
Lloyd's group's profits jump by 30%, helped by a huge jump in investment return.
Beazley in discussions about creating new syndicate
Beazley is in discussion with members of Lloyd's about creating a new special purpose syndicate.
Amlin's first half pretax profit rises 29%
Amlin's first half profit rises, helped by investment income doubling.
Nova Scotia and Massachusetts issue warnings for Hurricane Bill
Canadian and US States warn about incoming Hurricane Bill.
AIG wins National Workers Compensation Reinsurance Pool case
AIG has won dismissal of a lawsuit that sought to recover more than $1bn for the alleged underpayment after having been accused by rivals of shortchanging state workers' compensation pools for 35 years.
Hurricane Bill to hit Canada
Hurricane Bill is to hammer the coast of Canada on Sunday, the Canadian Media has said.
Hurricane Bill downgraded
Hurricane Bill has been downgraded to a Category 3 Hurricane but Bermuda may well be on Hurricane or Tropical Storm Watch by the end of the day.
Novae’s new reinsurance unit to operate from London and Zurich
Novae takes on 12-strong team of senior reinsurance professionals.
Novae launches reinsurance arm
Novae Re expected to write over £100m in GWP.
Bermuda likely to be affected by Hurricane Bill
Since Bill is a large system, Bermuda is likely to feel the effects of the storm even if it is not directly hit, according to catastrophe risk modeling firm AIR Worldwide.