Reinsurance
Appointment at International Space Brokers
International Space Brokers, part of Benfield Corporate Risk, has revealed a new management structur...
Broker trio in start up
A trio of former Guy Carpenter corporate finance managers have unveiled a new start-up offering advi...
Pick of the week
Provident draws up new toba; Ecclesiastical cultivates reinsurance deal; Zurich targets broker with charity offerings; and Fortis lands £20m Toyota deal
Ex-Guy Carpenter trio return to market with start-up Atlas
Three of the mergers and acquisitions team ousted from Guy Carpenter have returned to the market with the start-up of corporate advisory team Atlas Partners.
Former Guy Carpenter MD unveils start up
A new insurance-focused corporate finance advisory practice has been unveiled today. Called Atlas Partners it is led by managing partner Paul Lumbis, formerly managing director of Guy Carpenter corporate finance, Europe.
Aon eyes more acquisitions after Benfield deal
(BESTWIRE) Swallowing up the third-largest reinsurance broker in the world widens Aon's lead as the world's largest insurance and reinsurance intermediary and gives it a dominating presence in several key reinsurance markets, and that might only be the…
Benfield price surges 27.49% on Aon bid
Benfield's share price ended the day on 345 pence following the news of Aon's £844m bid for the company.
Benfield CEO expects no exodus after Aon takeover
Aon group chief executive Greg Case has said that the takeover of Benfield will form a combined group that is “very unique.”
Aon CEO Case: Aon - Benfield combination unique
In a deal announced late August, Aon said that it would offer $1.75bn (£935m) for the deal – which will take on £91m in Benfield debt, giving the deal a total value of £844m ($1.57bn).
Benfield directors set for £134m windfall after Aon deal
Benfield's directors are set for a monster windfall after the completion of the company's £844m takeover by rival Aon.
Aon/Benfield deal could lead to more deals in next few years
The acquisition of Benfield by Aon could lead to a further raft of takeovers of Lloyd's vehicles, a senior analyst at a US bank told Reinsurance .
Aon to buy Benfield
Aon this morning confirmed that it plans to acquire Benfield.
Heritage hires Spiller as chairman
The board of Heritage Managing Agency, a member of Argo Group, has appointed David Spiller as its new chairman subject to receipt of Lloyd's and Financial Services Authority approval.
Florida Citzens Property Insurance hit by 140 claims from Fay since Aug 20
(BestWire) — The Florida Citizens Property Insurance Corp, Florida's state-run insurer, has received more than 140 claims since the arrival of Hurricane Fay, a spokesman said.
Appointment at Aon Re
Christer Pehrson has joined Aon Re Global as executive director, focusing on European-based global c...
Integro hires Moores and Rolfe to lead aviation practice
Integro has said that it has promoted Patricia Moores and Terry Rolfe as co-leaders of the firm’s aviation practice.
Swiss Re America appoints Walter Bell as chairman
Swiss Re has appointed current Alabama insurance commissioner Walter Bell as chairman of its US unit, Swiss Re America.
Flagstone Re restructures global operations
Flagstone Re has said that it will restructure its global reinsurance operations by merging its two wholly owned subsidiaries, Flagstone Reinsurance of Bermuda and Flagstone Réassurance Suisse SA into one operating platform which will be Flagstone…
Tropical storm Fay to slam Florida coastline
Tropical storm Fay could slam the Florida coastline as soon as Monday night, the National Hurricane Centre has warned.
Tropical storm warning for Florida as Fay closes in
Tropical storm Fay could hit the Florida coast as soon as Monday night, the US National Hurricane Centre has said.
Flagstone to enter Indian primary market
Flagstone Reinsurance Holdings Ltd plans to enter the primary insurance market in India within a year.
AM Best withdraws ratings of RenRe sidecar
AM Best has withdrawn the issuer credit rating of “a” of Starbound Reinsurance II Limited (Bermuda).
Validus sees GWP rise
Validus, the Bermudian reinsurer, said gross premiums written for the first half of the year increas...
Reinsurer sees profit dip
Munich Re has reported a drop of first half profits of nearly 35%, impacted by decreasing insurance ...