Reinsurance
Ready for the hardening market
BMS director Robin Greville Williams on the benefits of camping out with clients, dolphin mortality rates and the importance of client relationships
Validus makes offer for IPC Holdings
Validus Re has offered $1.68bn for Bermudian counterpart IPC Holdings, the company said in a statement.
IPC shares jump on Validus offer
Shares in Bermudian (re)insurer IPC Holdings jumped 5% on the Nasdaq on Tuesday on news that its rival Validus had offered nearly $2bn for the company.
Validus makes offer for IPC Holdings
Validus Re has offered $1.68bn for Bermudian rival IPC Holdings, the company said in a statement.
Fortis reports Euro 28bn loss although international GI arm is in the black
Fortis this morning reported that its insurance activities reported a total net profit of EUR 6m in 2008, including a negative impact from write-downs on the investment portfolio of EUR 639m net-of-tax.
Bermuda reinsurance composite posts loss of $6.6bn in 2008
The companies in Guy Carpenter's Bermuda reinsurance composite posted an aggregate net loss of nearly $7bn in 2008, the reinsurance broker reported.
Aspen promotes Clive Edwards to head of UK Commercial Insurance
Aspen Insurance Holdings has promoted Clive Edwards to the post of head of UK Commercial Insurance. Mr Edwards will replace Russell Griffiths, who is retiring on 31st March 2009.
Group Re understood to be behind Advent quota share deal
Group Re is understood to be the "A-rated reinsurance subsidiary of Fairfax Financial Holdings" behind the recently-announced Advent quota share deal, Reinsurance understands.
Bolt replacement at Marlborough named
Flagstone has said Dominic Kirby will replace Tom Bolt as managing director of Marlborough Underwriting Agency.
Bolt replacement at Marlborough named
Bermudian (re)insurer Flagstone has said that Dominic Kirby will replace Tom Bolt as Managing Director of Marlborough Underwriting Agency Limited.
Bolt to replace Rolfe Tolle at Lloyd's
Lloyd's has announced that Tom Bolt will take over from Rolf Tolle as underwriting performance director.
Lloyd's appoints new franchise performance director
Lloyd's has appointed Tom Bolt as its new underwriting performance director.
Appointment at Whittington Group
Whittington Group has appointed Charlie Burgess as a member of the senior executive team to suppor...
What the papers said this week
Scotsman Sir Fred Goodwin is still getting cheap RBS staff insurance to cover his fleet of moto...
Appointment at Ironshore
Ironshore has appointed Susan Kostro as vice-president responsible for running its newly created p...
Deutsch to leave Ironshore
Bob Deutsch is stepping down from his role as president of insurer Ironshore on 31 March. His role w...
Lloyd's to benefit from AIG collapse, claims FD
The collapse of AIG has opened doors for the Lloyd's market, according to finance director Luke Sava...
EU donates €12.5m to CCRIF
The European Union has donated €12.5m to the Caribbean Catastrophe Risk Insurance Facility.
Berkshire outlook downgraded by S&P
US ratings Standard & Poor's has revised its outlook on Berkshire Hathaway to negative from stable.
Lloyd's CFO gloomy about investment prospects for 2009
Like a number of its reinsurance peers, Lloyd's is gloomy about the prospect of getting any investment returns from 2009.
Buffett's motor insurer heads for Massachusetts
(BESTWIRE) - The Massachusetts automobile insurance market could have another entrant - the third-largest U.S. provider of auto insurance - if regulatory approvals are granted.
Ironshore president to step down
Bob Deutsch is stepping down from his role as president of Bermudian insurer Ironshore on 31 March.
Glacier's net income more than halves
Glacier insurance, the Switzerland-based (re)insurer, saw net income tumble to $26.2m from $69.5m the year before after heavy hurricane losses hit its bottom line.
Arch in Lloyd's push
Arch Insurance Company (Europe) has established a new syndicate at Lloyd's. It will begin underwriti...