Reinsurance
Berkshire boosts stake in aviation
Berkshire Hathaway has tightened its grip on the aviation and space insurance markets by taking a 4...
Trenwick wins Lloyd's cash but halts London business
Troubled (re)insurer Trenwick has won 11th-hour support from its financial backers to continue unde...
Trenwick says backers to agree to renew letters of credit
Troubled reinsurer Trenwick this week said its backers at Lloyd's had agreed to renew a $182m (£115...
Trenwick wins support to underwrite at Lloyd's
Troubled reinsurer Trenwick has reached agreement in principle with its credit providers, enabling it...
Benfield seeks UK listing
Reinsurance broker Benfield is looking to list on the London Stock Exchange within the first six mo...
GAUM: insurers take flight
UK insurance giants Royal & Sun Alliance and Aviva have reduced and sold their respective sharehold...
Jacques Verlingue takes over as chairman of World Broker Network.
Jacques Verlingue, of French broker Verlingue Courtier en Assurances, took over from Dutch broker Ja...
Reinsurance float will mean a boost for London
Reinsurance broker Benfield Group's decision to float on the London Stock Exchange next year (see p...
Evolution targets insurance sector for growth
Specialised outsourcing and financial services consultancy Evolution is targeting the insurance sec...
What the papers said this week
The Daily Telegraph Warren Buffet, the US investment guru who controls 8% of Lloyd's underwriti...
Liberty Syndidates takes on three-man team
Lloyd's managing agency Liberty Syndicates has taken on a three-man reinsurance team from Gerling G...
Appointment at Haven Knox-Johnston
John Macaulay has been promoted to the position of divisional manager of pleasure craft insurance s...
Employers Re sale is on the cards
The future of General Electric's European reinsurance subsidiary GE Frankona Re was placed into unc...
Lloyd's insurer Hardy agrees credit facility
Lloyd's insurer Hardy, which could be mounting a take-over bid for rival Atrium, has agreed a syndi...
Hannover Re boosted by P&C growth
Strong growth in property and casualty (P&C) reinsurance helped Hannover Re to a net operating profit...
Scor reveals recovery plan
Scor has revealed details of plans to scale back its underwriting in the US and Bermuda and in unprof...
Aon sells Sheffield Insurance to Axis
US broking giant Aon is to sell Sheffield Insurance Corp., a specialty property and casualty insuranc...
Hardy eyes up Atrium
This week, Beazley became the latest Lloyd's insurer to float, while Hardy boosted its stake in rival Atrium raising the prospect of long-mooted consolidation among Lloyd's stocks. Also, Lloyd's new unitary board is announced.
Scor replaces chairman
French reinsurer Scor has replaced its chairman of the last eight years Jacques Blondeau, with its ...
Personal lines insurers reap what they sow
Whatever UK insurer Royal & Sun Alliance outlines in terms of its capital-raising plans, it will un...
Hardy Underwriting acquires stake in rival
Lloyd's insurer Hardy Underwriting has acquired a 13.3% stake in rival Atrium Underwriting. The pur...
Barton quits Faraday over policy differences
Nigel Barton has stepped down from the chief executive position at London market (re)insurer Farada...
Making technology work
Will technology be Bermuda's salvation? To look at Bermuda's (re)insurance market at the moment (se...
Wellington seeks cash
Lloyd's insurer Wellington plans to raise around £120m ($186m) through a share offering this month....