Reinsurance
Appointment at Ironshore
Ironshore has recruited Anthony Mammolite as executive vice-president of its US property unit. He ...
Penny Black's insurance week
It would appear that Allianz commercial boss Chris Hanks may have had the last laugh following Tow...
Appointment at RFIB
RFIB Holdings has recruited Mark Kinsella as head of information technology. He will be responsibl...
Guy Carpenter grabs staff from Aon Benfield and RSA
Guy Carpenter has added brokers from Aon Benfield and Willis for its Latin American and Carribbean treaty team.
Brokers from Aon Benfield, Guy Carpenter go to JLT Re
JLT Re have hired brokers from Aon Benfield and Guy Carpenter in an effort to expand their North American operations.
Validus files legal proceedings against IPC and Max
Validus has filed legal proceedings in the Supreme Court of Bermuda against IPC Holdings and Max Capital challenging the $50m break fee and 'no-talk' in the latter companies' merger agreement.
Validus files lawsuit against IPC Holdings and Max Capital
Validus, the Bermudian (re)insurer said that it has filed legal proceedings in the Supreme Court of Bermuda against rival IPC Holdings, IPC Limited and other rival Max Capital, in an effort to challenge the $50m break fee and "no-talk" provision…
Fortis senior exec defects to Aon Benfield
Jean-François Walhin, formerly the head of reinsurance and non-life at Fortis, has moved to Aon Benfield to become the broker's head of analytics.
Drop in loss expenses improves Montpelier's Q1 results
Montpelier Re reported first quarter net income of $52.3m, up from $0.3m this time last year.
Axis secures adjuster for financial lines arm
Axis International Loss Adjusters has appointed Nicholas La Stella for its financial lines & international liability division.
Lancashire extends Gulf of Mexico product
Lancashire, the Bermudian specialist insurer, said that it is expanding its Gulf of Mexico windstorm protection for oil and gas companies to new clients.
Edward Mazman goes to Ironshore
Ironshore has continued to step up its speight of hiring by bringing aboard property executive Ed Mazman from AIG's Lexington Insurance Company.
Beazley hires new underwriter from Hiscox
Beazley Group has brought in Mark Bodkin as a senior property underwriter on the Lloyd's team.
Renaissance Re on verge of getting permission for Lloyd's syndicate
Bermudian (re)insurer Renaissance Re, which saw rival Arch Insurance get the go-ahead for its own Lloyd's syndicate last month, is on the verge of getting permission for its new Lloyd's syndicate, sources said.
Senior Lexington reinsurance executive moves to Ironshore
Bermudian (re)insurer Ironshore has appointed Andrew Archambault as senior vice president of reinsurance.
Film competition success
Specialist film and media broker and Barbon subsidiary Performance has hailed its inaugural Performa...
Talbot GWP increase
Talbot Underwriting Syndicate 1183, owned by Bermudian insurance group Validus Holdings, has recorde...
Appointment at Ironshore
Ironshore has hired Tim McAuliffe as president of its specialty casualty unit. He will manage Iron...
AM Best reacts to Lloyd's repurchasing news
A.M. Best Co. has said that its ratings of Lloyd's of London, Lloyd's Reinsurance Company (China, the Society of Lloyd's (and of debt issued by the Society remain unchanged following Lloyd's announcement that the Society has offered to repurchase up to …
Munich Re CEO: Q1 results will be 'satisfactory'
The first quarter of the year will be a 'satisfactory' one for Munich Re, said the group's chief executive in a statement at the company's Annual General Meetiing in Munich today.
Aon Switzerland appoints new CEO
Aon Benfield has appointed Markus Hauswirth as chief executive of Swiss subsidiary after thed death of its former CEO Fredi Hänggi, who passed away in February after a long illness.
AM Best comments on AIG restructure plan
AM Best has commented that the ratings and outlook of the property/casualty subsidiaries of AIG remain unchanged following the company's announcement of the acceleration of its restructuring and re-branding of its global property/casualty operations, AIU…
AIG to accelerate seperation of international general insurance business
AIG is to accelerate steps to position its general insurance business AIU Holdings as an independent entity by transferring the company to a special purpose vehicle in preparation for the potential sale of a minority stake in the business, which…
Bowring Marsh, Lancashire in excess property facility offering
Bowring Marsh, the Marsh-owned specialist broker, said it is offering a new excess property facility.