Reinsurance
Integro confirms swoop for GC Fac duo
Integro the $300m New York-based start-up insurance brokerage and risk management firm set up in 2005 with backing from serial (re)insurance entrpreneur Bob Clements, has announced the formation of an international insurance and reinsurance business unit…
Appointment at Ascot Underwriting
Alex Lumby is joining Ascot Underwriting's Asia operation in May as chief underwriter and principal ...
Sunk cargo ship litigation to begin
Insurers and underwriters are readying for litigation with the owners of the MSC Napoli in a bid to ...
Arag chosen as provider
Broker2Broker has chosen Arag Legal Insurance to provide a range of commercial legal expenses produc...
Aon parades Benfield defector in new unit launch
Reinsurance broker Aon Re Global has launched a new facultative reinsurance unit, Aon Re Global Fac, headed by Elliot Richardson, former global head of facultative solutions at Benfield.
London P&I Club celebrates improved renewal season
The London P&I Club successfully completed the P&I renewal season on February 20, 2007, having recorded an increase of nearly three million gross tons in membership during the course of the 2006/07 policy year.
Lloyd's Chinese start-up given equal rating
A.M. Best has assigned a financial strength rating of A (Excellent) and an issuer credit rating of “a” to Lloyd’s Reinsurance Company (China), which is in line with the corporation's UK rating. The outlook on the FSR is stable, and the outlook on the ICR…
Willis Re says global softening trend continues at 1st April renewals
Reinsurance broker Willis Re has said that the April 1 reinsurance renewals have seen pricing stay flat or fall and that barring a major catastrophe it expects the trend to accelerate with the July 1 renewals across all lines of business
Aon and Benfield in $18.6m settlement
A settlement has been reached between Aon Re Global and Benfield Group after former Benfield faculta...
recruitment moves
Re-sume
Poaching and gamekeepers
Re-sume
PXRE wins back rating from AM Best as Peleus Re gets an 'A-'
Rating agency AM Best has assigned a financial-strength rating (FSR) of 'A-' to Bermudian start-up r...
Everything you need to know about the Strike Club
Briefing: Strike Club
Converium finally regains 'A' rating
Standard & Poor's (S&P) has raised Swiss reinsurer Converium's long-term financial strength rating t...
Benfield Corporate Risks spoils 2006 results party celebrations
(Re)insurance broker Benfield stunned the financial markets by unveiling a dismal performance from i...
Hannover Re completes $1.3bn Merlin securitisation
Hannover Re has claimed a first in transferring risks deriving from so-called reinsurance recoverabl...
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Validus gears up with $700m in credit deals
'Class of 2005' Bermudian start-up (re)insurer Validus has unveiled credit agreements aggregating $7...
Hannover Re's post-Praetorian plans
Hannover Re's senior management unveiled a seven-point plan following the release of its 2006 annual...
American Re-opened wounds spoil Munich Re 2006 result
Giant reinsurer Munich Re's bumper 2006 results masked substantial further reserve increases at its ...
Tokio Marine sets up life reinsurance on Isle of Man
Millea, the Japanese parent company of Tokio Marine, has teamed up with JP Morgan to form an Isle of...
Arch unveils $1bn buyback facility
Bermudian (re)insurer Arch has authorised the purchase of up to $1bn of its common shares through a ...
Flagstone IPO raises $175.5m
Class of 2005 Bermudian start-up Flagstone Re priced the initial public offering of 13m common shares at a price of $13.50.