April 2006/4

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...

Rating agency Fitch has removed the financial strength rating of insurance behemoth American International Group (AIG) from negative watch. Fitch affirmed the ratings of AIG and all subsidiaries on 11 April just over a year after it had placed the...

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...

As the industry continues to digest the implications of last year's record hurricane season, The Insurance Insider and Guy Carpenter are delighted to invite you to attend a Post-Katrina Technical Briefing, taking place at Balls Brothers, Minster Court...

The reserving crisis that has seen some of the industry's biggest players blighted by a series of heavy charges to financials in recent years appears to be easing, according to research by analysts at Morgan Stanley.

Long-time Fairfax bears, analysts John Gwynn and Matthew Cantrell of Morgan Keegan, have again mauled the company in their latest research notes. In two recent notes the analysts raise a number of points that will make uncomfortable reading for the...

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