April 2009/4

Broking giant Willis Group’s French-based affiliate, Gras Savoye & Cie, is reportedly looking at alternative investment solutions over a put option purchased by the former in 1997, which could oblige it to increase its stake in France’s largest broker...

Reinsurance Group of America (RGA) saw its first quarter net income drop $8.2mn compared to Q1 2008 to $23.3mn.

Former Marsh UK executive Stephen Matanle is returning to the market as head of Thompson Heath & Bond (THB) - which is the Lloyd's broker division of AIM-listed broker THB Group plc - as first revealed by The Insurance Insider.

Recently launched European catastrophe information aggregator Perils has appointed Glacier Group executive Dr Luzi Hitz as CEO.

Munich Re has checked its bullish stance on rate prospects, as the reinsurer's chairman described a "satisfactory" first quarter while acknowledging that its optimism late last year was still to filter through to widespread rating improvements.

American International Group (AIG) last week took steps to speed up the process of spinning off its general insurance operations as an independent entity, ahead of a potential initial public offering (IPO).

Hartford Financial Services Group may be broken up, after reports emerged that the beleaguered US insurer is seeking bids for its core property and casualty (P&C) business.

After being buoyed by comments from the G7 group of most industrialised nations on Friday (24 April) that the world economy was showing early signs of recovery, global stock markets slipped downwards again this morning amid fears of a swine flu epidemic.

While, as expected, the European Parliament took the significant step of approving the Solvency II framework directive last week (22 April) the compromise that excluded the contentious group support provision was described as a "missed opportunity" by Eur

Broking giant Willis Group's French-based affiliate, Gras Savoye & Cie, is reportedly looking at alternative investment solutions over a put option purchased by the former in 1997, which could oblige it to increase its stake in France's largest broker...

Max adds to Lloyd's platform with UW hires; Allied World bags Bermuda team from AIG; Brit recruits LM specialist for new role; RFIB appoints new IT head from Aon Benfield; Senior Marsh exec moves to JLT's Dubai office...

AIR launches industrial and energy cat risk service; Iprism targets £25mn after deal signings