April 2006/4

Markel International, the London Market arm of the American insurer, has hired Henry Sturge as open market property underwriter within its non-marine property division. Markel's Non-Marine Property division’s managing director Conor Finn commented...

Turned around French reinsurer SCOR has reported significant growth in Asia and India, with a 23 percent increase in premium income for non-life treaty business in the region. The company said that, with treaties in Japan and Korea up for renewal...

As revealed by our sister publication The Insurance Insider last week, Omni Whittington is close to launching a live Singapore-based $50mn underwriting syndicate at Lloyd's. According to the company, the new syndicate will write "predominantly short...

Giant insurer American International Group (AIG) has joined the Goldman Sachs-led consortium that has had a £9.4bn "white knight" takeover bid for BAA turned down by the UK's airports operator. BAA revealed on 16 April that it had received an...

Our 2006 London Market survey has provided interesting feedback on the structure of the market, the demise of Kinnect, the rise of the "gang of six" and the possible solutions available. Opinion is divided, however, in terms of the e-business...

If the European insurance sector can sustain healthy balance sheets and profitability, upgrades are likely in 2006, said rating agency Standard & Poor's (S&P) in its latest report card on the industry released today (18 April).

Canadian combine Fairfax Financial Holdings announced last week that a class action suit has been filed by investors against the company and its senior managers. The suit was filed in the US District Court for the Southern District of New York...

Jardine Lloyd Thompson Group plc (JLT) has disbanded its Risks Finance business which provided alternative risk transfer products and looks set to part company with the unit head John Lobek, Insider Week can reveal. The move appears to be the latest co