July 2009/1
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A packed courtroom at the UK High Court last week (2 July) heard the final arguments in the three-week trial between Berkshire Hathaway's Equitas and Randall & Quilter (R&Q)-owned Brandywine.
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Hannover Re CEO Wihelm Zeller retired on 30 June as planned, after over 13 years with the company...
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London-headquartered (re)insurance broker Cooper Gay has edged closer to its desire for a public listing, with news that it has appointed UBS as adviser.
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Lloyd's and Bermuda (re)insurer Omega Insurance Holdings declared its Names capacity buyback initiative a success last week, after receiving acceptances of approximately £45.7mn of capacity.
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After a first quarter in which it outperformed the FTSE All Share index total return, the UK non-life insurance sector has failed to pick up on the widespread bounce in the equity markets in Q2.
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Aon moved swiftly to appoint a new CEO of its UK operations, naming Rob Brown to the position.
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June looks set to be the costliest month for aviation insurers since September 2001, according to the latest report on the sector from broker Aon.
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XL Insurance - the London-based subsidiary of Bermudian (re)insurer XL Capital - has named Neil Robertson as replacement for the recently departed chief underwriting officer (CUO) of its global specialty business...
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The resurgence of reinsurance as a stable form of capital is seeing Europe's P&C reinsurance giants enter into more transactions with stretched life insurers.
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US law firms Strasburger & Price and Castillo Snyder have filed a class action lawsuit in the US Federal Court against Willis Group Holdings, seeking $1bn in damages.
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Catlin Group replaced departing chief finance officer Chris Stooke last week with Swiss Re's former chief investment officer Benjamin Meuli.
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Brit Insurance has hired former XL Capital chief processing officer Malcolm Beane as COO, effective from 21 September
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