Reinsurance
Talbot appoints new CEO and chair
The Board of Talbot Underwriting today announced, subject to approval by the Financial Services Authority and Lloyd’s, it has appointed Michael Carpenter as chairman and Rupert Atkin as chief executive.
Cobra profit flat despite 53% increase in revenue
Listed UK broker Cobra this morning reported revenues increased by 53% to £7.4m for the six months to 30 June, while its operating profit only increased 3% to £1.1m
Appointment at Axa
Ian Robinson is set to become group business risk director at Axa UK. Mr Robinson is currently HSBC ...
Top 20 Spotlight - 20. Aspen
Top 100 UK Insurers
GCFac takes Benfield US facultative team leader
Guy Carpenter has announced the appointment of Joseph Vitale as senior vice president of GCFac, its dedicated facultative reinsurance unit.
Ariel Re to buy 47-state US insurance platform
Class of 2005 Bermudian (re)insurer Ariel has announced its intent to acquire Valiant Insurance company from Zurich North America to create a specialty property and casualty insurance ecompany.
Axa appoints HSBC boss to risk director position
Ian Richardson will retire from his position of group business risk director of AXA UK on 31st December 2007. He will be replaced by Ian Robinson, currently chief operating officer, HSBC Insurance.
Atrium's last numbers
Atrium has announced its final set of numbers before delisting and completing its acquisition by Ari...
Penny Black's insurance week
It would appear that gossip about insurers buying stakes in brokers has reached fever pitch followin...
Benign Omega ratio
London Market insurer Omega Underwriting has unveiled interim results showing profit before tax up 1...
Coldman: UK will adapt
ABI Climate Change Conference News
Munich Re sets up unit
German reinsurer Munich Re has set up a dedicated unit to develop products offering protection again...
HBOS MD: action needs to start close to home
ABI Climate Change Conference News
Marsh seeks new head
Global broker Marsh is seeking a replacement chief executive after Brian Storms resigned last week. ...
Bush Administration threatens veto for TRIA extension
The Bush Administration has issued a statement calling for serious amendments to the latest extension of the Terrorism Risk Insurance Act (TRIA) Federal terrorism backstop legislation making its way through the US Congress or it would recommend the…
Omega bet on US pays off in first half
Lloyd’s, Bermuda and US (re)insurer Omega Underwriting has unveiled interim results showing profit before tax up 119% to $20.4m (2006: $9.3m) on a benign combined ratio of 82% (2006: 86%).
Atrium profits increase to £23.8m
Atrium has announced its final set of numbers before delisting and completing its acquisition by Ariel, with a profit before tax of £23.8m for the first half of the year (30 June 2006: £7.9m).
Special risk unit launched by Munich Re
German reinsurer Munich Re has set up a dedicated unit to develop products offering protection against enterprise risks.
Penny Black's insurance week
Hot on the heels of the completion of its long and very hard-fought takeover of Converium, Scor's ch...
Start-up hails its timing with new run-off venture
Liability Report
What the papers said this week
Mail on Sunday Small businesses are to be hit with a 5% rise in their commercial insurance, fol...
Market unanimous over UK flood impact
Reinsurance renewal rates in the UK household market will not suffer from the UK summer floods, acco...
Reinsurers warn over terror pool pull-outs
Reinsurers Munich Re and Swiss Re are warning governments not to pull out of terrorism pools in Euro...
Benfield rate hit
Reinsurance broker Benfield's chief executive Grahame Chilton singled out its facultative and corpor...