Reinsurance
Arch Europe names Weatherstone as new chairman and CEO
Arch Europe, the European arm of Bermudian (re)insurer Arch, said it has appointed James Weatherstone as its president and chief executive. Current Arch Europe chief executive Robert Van Gieson will become its chairman.
IFEX lists 2nd event US storm contracts, hints at possible 3rd event market
Catastrophe futures exchange IFEX has announced that announce that the Chicago Climate Futures Exchange (CCFE)will list IFEX 'Second Event’ US Tropical Wind Event Linked Futures from today.
Validus Q1 net income jumps on Talbot addition
Validus, the Bermudian (re)insurer reported net income for the quarter ended 31 March, 2008 rose to $66.5m, compared with $56.7m, for the quarter ended 31 March, 2007.
Aspen Q1 net income drops 33%
Aspen, the US (re)insurer, reported first quarter net income tumbled over 33% due to the abudance of medium to single risk losses in the first three months of the year.
Penny Black's insurance week
It is that time of the year when the insurance industry can see who is personally gaining most from ...
Job cuts at Guy Carpenter
Global reinsurance broker Guy Carpenter has confirmed that it is undergoing a round of job cuts. "As...
Appointment at Amlin
Amlin has appointed Tom Brand as lead cargo underwriter for syndicate 2001. Mr Brand joins from Swis...
Appointment at Bruce Stevenson
Bruce Stevenson has enlisted financial director Mark Dallas. Mr Dallas worked for Pricewaterhouse Co...
No room at the US specialty inn?
Tim Evershed analyses the increasingly crowded US specialty market and wonders if there are any niches left for non-US invaders to fill, or will the new players all cut each others throats?
What a cracking investment
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London Technologists’ forum
London Market
Prices in South East Asia fall up to 20% says Guy Carpenter
Reinsurance prices in South East Asia are declining by as much as 20%, according to a report from Gu...
Coach-class survivors
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Gen Re announces new president
General Re has made John Cholnoky its president following the sudden resignation of CEO Joe Brandon ...
Omega takes itself off the market
Omega has terminated takeover talks with various suitors. Earlier this month, the Lloyd's insurer sa...
Guy Carpenter set to axe 350 jobs in strategic initiative
Reinsurance brokers were feeling the pinch in the first quarter of 2008, with both Guy Carpenter and...
Numbers for the first quarter are ugly
It was an ugly time for reinsurance companies releasing their first-quarter numbers, with falling re...
D&O jumping 40% claims Iron Pro
Directors' and officers' insurance rates are jumping more than 40%, due to the sub-prime credit disa...
Gobble gobble
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Walk the walk
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Flagstone Re to buy 29.9% of Alliance Re
Flagstone Re has said that it has agreed to buy up to 29.9% of Cyprus-domiciled specialist property ...
A sort of homecoming
London Market
Keep the champagne on ice
Alexander Ferguson goes head-to-head with Grahame Chilton of Benfield