Reinsurance
Appointment at Glacier Insurance
Glacier Insurance has appointed Alex Campbell as senior property underwriter. His primary role wil...
Berkshire suffers Fitch hitch
Berkshire Hathaway has seen its issuer default rating and senior unsecured debt ratings downgraded b...
Willis boss Plumeri asks staff to take unpaid leave
Willis chief executive Joe Plumeri has offered staff cash incentives to cut their working hours in a bid to trim costs, Post's sister magazine Reinsurance can reveal.
Plumeri asks Willis staff to take unpaid leave
Willis chief executive Joe Plumeri has offered staff cash incentives to cut their working hours in a bid to trim costs, Reinsurance can reveal.
Arch Insurance Europe expands into Lloyd’s
Arch Insurance Company (Europe), a subsidiary of Arch Capital Group, has established a new syndicate at Lloyd's. The syndicate will commence underwriting from mid-March this year for risks attaching from 1st April onwards.
Arch says to start new Lloyd's Syndicate
Bermudian (re)insurer Arch has confirmed that it has received from Lloyd's to establish a new syndicate at Lloyd's.
Glacier recruits senior underwriter from Arch
Glacier continued to ramp up its underwriting when it announcement the recruitment of a senior property underwriter from Arch.
Paris Re results drop 42%
Paris Re's full year net income dropped nearly 42%, dropping to $158m from $271.7m.
Pembroke hires new underwriter from Axis
Pembroke Managing Agency is pleased to announce the appointment of Chris Newton to head up its media and technology team.
Xchanging confirms major seven year broking contract
Aon Benfield has today confirmed that it will transfer further operational work to Xchanging, the global business processor, as predicted earlier in the week.
Aon Benfield confirms Xchanging deal
Aon Benfield has confirmed that it will transfer further operational work to Xchanging, the global business processor.
Berkshire Hathaway ratings downgraded
Berkshire Hathaway has seen its issuer default rating and senior unsecured debt ratings downgraded one notch by ratings agency Fitch.
Endsleigh Let launches landlord product
Endsleigh Let has launched a product to help protect letting agents and landlords from recession.
Moody downgrades outlook on Korean insurer
Meritz Fire & Marine Insurance Co Ltd (MFM), Korea's fifth-biggest non-life insurer, has had the outlook on its financial strength rating to negative from stable by Moody's.
Trean grabs Aon Benfield, Carvill brokers
Trean Reinsurance Services, a division of US specialty lines broker Trean Corporation, has expanded its presence by appointing two brokers from Carvill and Aon Benfield respectively.
Xchanging contract win
Xchanging was poised to be named as the winner of a tender to run a contract to outsource claims for...
Appointment at XL Insurance
XL Insurance has appointed Elliot Lyes as offshore energy underwriter. Mr Lyes will report to Coli...
Omega reports profit
Lloyd's insurer Omega has reported a profit before tax of $28.2m (£20.4) for 2008, compared to $59.5...
Hannover Re stumbles to net loss
Hannover Re stumbled to a full-year loss for 2008, hampered by heavy equity writedowns and heavy risk losses.
Beazley appoints new reinsurance team leader
Beazley Group has promoted Patrick Hartigan to lead its reinsurance division with effect from August 1, reporting to the chairman of the group's underwriting committee, Neil Maidment.
Berkshire Hathaway said to be setting up new Lloyd's Syndicate
Berkshire Hathaway is set to start up a new Lloyd's Syndicate according to a number of Reinsurance Magazine's high level reinsurance industry sources.
Xchanging wins Aon Benfield UK outsourcing contract
Xchanging has won the contract to outsource claims for Aon Benfield.
Max Capital's alternative investment returns rise
Max Capital, the Bermudian (re)insurer, said the return on its alternative investments for the two months ended February 28, 2009 is expected to be approximately 2%, or an increase in value of approximately $18m.
Omega claims it is still on track for full London listing by Summer 2009
Lloyd's insurer Omega has reported a profit before tax US $28.2m (2007: US$59.5m) on net written premiums of US$224.6m (2007: US$196.3 million).