Reinsurance
Guy Carpenter acquires US reinsurance broking giant
Guy Carpenter has agreed to acquire John B Collins Associates (Collins), a privately-held company which claims to be the seventh largest reinsurance intermediary in the world for an undisclosed sum.
AIG reports $99.3bn annual loss
American International Group has reported a net loss of $99.3bn (£69.82bn) in 2008 compared to net income of $6.2bn for full year 2007.
XL appoints new offshore energy underwriter
XL Insurance, the global insurance operations of XL Capital said it has appointed Elliot Lyes as offshore energy underwriter with global responsibility for XL Insurance's Offshore Operational account.
AM Best upgrades RSA
AM Best has upgraded the financial strength ratings (FSR) to A (excellent) from A- (excellent) and the issuer credit ratings (ICR) to "a" from "a-" of the rated UK operating subsidiaries of RSA Insurance Group.
IPC and Max Capital to merge
Bermudian (re)insuers IPC Holdings and Max Capital said they are to merge in the first big deal of the year.
Amlin hails "robust performance" as pre tax profit falls
Lloyd's insurer Amlin saw its profit before tax sink to £121.6m (2007: £445.0 million) in 2008 on gross written premiums of £1034m (£2007: £1044.7m).
Hannover Re rates boost
Hannover Re gave a much-needed boost to the the (re)insurance industry when it said that it expected...
Is the Cat party now over?
Focus: Capital markets
Berkshire Hathaway profits sink
Berkshire Hathaway's insurance operations saw underwriting profits sink. The insurance operation, w...
XL - Looking forward, not back
Company focus
Guy Carpenter acquires Collins
Guy Carpenter has agreed to acquire John B Collins Associates (Collins), a privately-held company th...
Known unknowns
Inside view
Perfect partners
Where will the (re)insurance sector turn to next for capital? Paul Lumbis covers the recent developments in the capital markets and explains why private equity will continue to be an important ally for the industry
Mad month for Swiss Re
Reinsurance giant Swiss Re saw its ratings downgraded by all three major ratings agencies after it r...
ILS to rise again?
Focus: Capital markets
Still a fun challenge
Beazley's underwriting chief Neil Maidment reflects on Mongolian yaks, Time Magazine predictions and the importance of knowing your own mind
A stunning month for reinsurance
What a stunning month it's been for the reinsurance industry. We're still trying to get our breath b...
MAX and IPC to merge
Bermudian (re)insurers IPC Holdings and Max Capital said they are to merge in the first big deal of ...
Hardy in £40.3m share placing
Hardy, the Lloyd's (re)insurer became the latest of its Lloyd's companies to raise money when it unveiled a £40.3m share placing on Friday.
Reinsurers wresting back initiative in 2009, says Cooper Gay
Reinsurers have begun 2009 determined to wrest back the initiative from a period of softening rates and savagely declining investment returns, according to (re)insurance broker Cooper Gay.
Appointment at Atrium
Richard Young has been appointed as chief executive officer and underwriter of Atrium Insurance Ag...
AIG asks for more US cash
US insurance giant AIG has responded to US media reports that it is set to reveal a fourth-quarter l...
Appointment at Hannover Life Re
Hannover Life Re (UK) has appointed Andy Johnston as business development manager. Mr Johnston has...
Appointment at Care Assured
Care Assured has appointed Andrew Carpenter as its new account executive. Before joining Care Assu...