Reinsurance
Max insists Validus has owned up over clear path claim in IPC struggle
Max Capital Group has claimed that the latest filings by Validus Holdings over its rival bid for Bermudian reinsurer IPC, show that Validus has conceded that no clear path to close a transaction with IPC exists.
Kelly steps in at Renaissance Re as Donner heads to US
Renaissance Re has appointed Jeffrey Kelly as executive vice president and chief financial officer, effective 6 July. He will succeed Fred Donner, who is leaving the company for personal reasons to return to the US.
Brit hires Munich Re underwriter
Brit Insurance has announced the appointment of Kevin Foley as class underwriter - international property.
No need for revolution in insurance regulation, says Lord Turner
In his first speech to insurers since becoming chairman of the Financial Services Authority, Adair Turner said that unlike in the banking world, "there is no equivalent need for revolution" in insurance.
Senior retro broker leaves Aon-Benfield
Richard Dunn, senior retro broker at Aon-Benfield is understood to have left the company earlier this month Reinsurance has learnt. He is understood to be on gardening leave. Aon-Benfield declined to comment on the speculation.
Insurance execs cautiously optimistic claims KPMG
Insurance executives are cautiously optimistic about the next 12 months, with many expecting to experience growth, according to a recent survey by KPMG International and the Economist Intelligence Unit.
Max hammers latest Validus offer
Bermudian (re)insurer Max Capital has dismissed rival Validus' increased bid for island rival IPC Holdings.
Validus ups IPC offer
Bermudian (re)insurer Validus has heated up the takeover battle for island rival IPC when it increased its offer for the company.
Max Capital, IPC sweeten deal
Bermudian (re)insurers Max Capital and IPC Holdings sweetened the terms of their merger on Thursday.
Aspen enters managed funds for ILS market
Aspen, the Bermudian (re)insurer, said that it has partnered with and invested $25m in Iris, a newly formed specialized investment fund focusing on insurance linked securities (ILS) and reinsurance globally.
Omega offer
Lloyd's insurer Omega is making an offer on behalf of Omega Dedicated, a wholly-owned subsidiary of ...
Plane tragedy may cost $1bn
The Air France plane that went missing over the Atlantic Ocean could result in $1bn (£0.6bn) of insu...
Cooper Gay ramps up continental European team
Cooper Gay has appointed David Skey to help it grow its share of reinsurance business in Continental Europe.
Lloyd's broker opens Bermuda office
Lloyd's broker RFIB has established a Bermuda-based operating subsidiary, RFIB (Bermuda).
RFIB opens Bermuda office
RFIB, the international Lloyd's insurance and reinsurance broker, today announces it has established a Bermuda-based operating subsidiary, RFIB (Bermuda) Ltd.
London market insurer rebrands
Argo Group International announced today that Heritage Managing Agency has been renamed Argo Managing Agency and will conduct business under the brand name of Argo International.
Lloyd's insurer in capacity offer for 2010 year of account
Lloyd's insurer Omega today announces that it is making an offer on behalf of Omega Dedicated, a wholly-owned subsidiary of Omega, to acquire capacity on Syndicate 958 not already owned by the Omega group for the 2010 and each subsequent year of account.
Validus welcomes court ruling
Validus Holdings has welcomed a Bermuda court ruling it claims delivers more choice regarding a potential sale to shareholders of its acquisition target IPC.
What's in a Name?
Lloyd's Names have had a testy relationship with the Corporation of Lloyd's. Nigel Hanbury, chairman at Hampden Agencies, provides Alexander Ferguson with his personal interpretation of the Names' and their possible future
Exit strategies
Commutation
Industry loss warranties pricing to plummet
Pricing for industry loss warranties (ILWs) is on the wane as insurers wait for the Atlantic hurrica...
Heritage director of underwriting quits in Argo shake-up
The board of Heritage Managing Agency, a member of Argo Group International Holdings, has confirmed ...
Care costs conundrum
Catastrophic Personal Injury
Is the holiday over for Bermuda?
Bermuda: Politics