All material subject to strictly enforced copyright laws. © 2021 Insurance Insider is part of Euromoney Institutional Investor PLC.
Accessibility | Terms & Conditions | Privacy Policy | Modern Slavery Act | Cookies

April 2005/1

  • Lloyd’s have appointed the former Deloitte & Touche insurance head Celia Denton to its ruling body, the Council of Lloyd’s.
  • Trading in Omega Underwriting Holdings plc shares will begin on Wednesday (6 April) priced initially at 115p after the Lloyd’s insurer confirmed it was to float on the Alternative Investment Market (AIM) of the London Stock Exchange in an IPO which values
  • Bermuda’s Renaissance Re, one of the industry’s most admired reinsurance companies, has admitted its senior management made mistakes in accounting for a finite reinsurance transaction in its delayed Securities & Exchange Commission 10-K filing.
  • The Securities & Exchange Commission subpoenaed American International Group’s auditor PricewaterhouseCoopers (PwC) last week to examine whether the professional services firm played any role in the allegations of accounting improprieties which have encir
  • The Irish insurance regulators have spoken for the first time on the probes facing the US insurance industry as the spotlight turns to Dublin – the scene of many of the finite reinsurance contracts now engulfed in controversy.
  • Standard & Poor’s has lowered American International Group’s prized credit, debt and financial strength ratings following revelations of the insurance giant’s involvement in “inappropriate financial transactions”.
  • Eliot Spitzer gave a boost to investment legend Warren Buffett last week by supporting Berkshire Hathaway’s contentions that he did not have an intimate knowledge of the controversial $500mn finite reinsurance deal with AIG.
  • American International Group’s new chief executive Martin Sullivan has written to his shareholders as problems continue to mount for the insurance giant.
  • Broking giant Aon Corporation has appointed ex-McKinsey management consultant Gregory C. Case as the group’s new president and chief executive, replacing the long-serving Patrick Ryan.
  • John Molbeck has rejoined the board of HCC Insurance Holdings only weeks after retiring as the chief executive of JLT Group’s US arm Jardine Lloyd Thompson LLC.
  • Run-off specialist CMGL Syndicate Management Limited (CSML) has become the managing agent of Lloyd's Syndicate 991, A. E. Grant & Others.
  • LCL Group – the run-off manager to debt collections specialist – has appointed former Euclidian Underwriting Ltd chief executive Andrew Holland to become chief operating officer.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree