Reinsurance
XL Capital names Michael McGavick as chief executive
Michael McGavick is due to join beleaguered Bermudian (re)insurer XL Capital on 1 May, replacing Bri...
Emma costs from EUR300m to EUR1.5bn
Windstorm Emma is thought to have cost insurers between EUR300m and EUR1.5bn, modeling groups Risk M...
Recruitment moves
Re-sume
The greatest show on reinsurance earth
World Insurance Forum
$3.1bn decrease for US property-casualty
A group of 20 US property-casualty (re)insurers wrote $22.7bn in net premium in 2007 marking a decre...
To Paris, and back
After a long chat with Hans Peter Gerhardt of Paris Re, we had much to report
Finch buys Hampshire broker
Finch has made its first foray into the Hampshire insurance market with the purchase of Liphook-based broker Ashcombe Border Insurance Brokers.
Tawa says 2007 pretax profits jump to $48m
Tawa Group the UK-quoted consolidator of non-life insurance run-off, said that full-year profit before tax and discontinued operations jumped to $48m from $5.1m a year earlier.
Tawa set to acquire PXRE today
UK-listed non life run-off consolidator Tawa has received regulatory approval to acquire PXRE Reinsurance company.
Aspen launches Lloyd's platform
Bermuda-based (re)insurer Aspen has been granted approval to establish a new Lloyd’s syndicate.
S&P: outlook touch and go for reinsurers
Ratings agency Standard and Poors has maintained its stable outlook for the reinsurance sector in 2008, but has warned it will be looking ever more closely at demand trends and pricing and reserve adequacy as the softening market progresses.
Appointment at Aspen
Aspen has promoted Simon Mason to deputy head of marine and energy, international insurance. Mr Maso...
ILG wants fair chance for all
The insurance industry plans to go live this spring with an initiative to help young people setting ...
Orion book sold to CIS
Lancashire broker Orion Direct has had its book of business sold to Collingwood Insurance Services a...
Heritage invests in new business development manager
Heritage has appointed Paul Aitchison to its newly created position of business development manager at Heritage Mutual Management in its London office.
Lancashire strengthens board
Lancashire Holdings has announced the appointment of John Bishop as an additional non-executive director.
Ironshore enters healthcare liability sector
Ironshore has announced it is entering the healthcare liability sector with the launch of Ironhealth.
Space premium set to soar
Space claims are estimated to reach $835m for 2007, prompting insurers to re-assess their premium rating and income targets for this year, according to Aon.
Validus and Laird link-up
Management consultancy Validus-IVC, and Laird Assessors have announced a strategic partnership. Lair...
Top five web stories
The top five most popular news stories on postonline.co.uk over the last week were: 1. IAG acquires...
Difficult 2007 stalls Benfield revenues
Reinsurance broker Benfield has admitted it was "swimming against the tide in heavy weather" last ye...
Dutch courage
Lloyd's has announced it will insure a leading European wine maker and taster's nose for EUR5m (£3.8...
Omega talks continue
Bermuda-domiciled insurance group Omega Insurance has said takeover discussions are ongoing as it re...