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July 2009/2
  • Willis still committed to Gras Savoye
    After revealing it was discussing selling a portion of its interest in French insurance broker Gras Savoye & Cie, global broker Willis has publicly reiterated its commitment to the leading Gallic intermediary.
    13 July 2009
  • Aon appoints UK retail head
    Aon has moved swiftly to appoint a new CEO of its UK retail operations, naming Rob Brown to replace Peter Harmer - who will return to his native Australia in September.
    13 July 2009
  • Integro moves into profit for first time
    Private equity-backed Integro Insurance Brokers turned its cash flow positive for the first time last quarter.
    13 July 2009
  • Benfield MBO team reunite over the road
    The regenerative nature of the reinsurance broking sector has once again been demonstrated, with former Benfield Group directors John Coldman and Michael Rees preparing to reunite with ex-colleagues...
    13 July 2009
  • JLT recruits corporate advisory duo
    Broking group Jardine Lloyd Thompson (JLT) has recruited the London-based Aon Benfield duo Alastair Rodger and Kevin Timmons to build a corporate finance arm.
    13 July 2009
  • $1bn Willis Stanford action focuses on client letters
    A look at the history books reveals that when a financial institution collapses, litigators often turn on the professional services firms it has used in search of restitution.
    13 July 2009
  • Validus to finally tie the knot with IPC
    The saga of Validus' initially hostile takeover of IPC had more twists than a soap opera...
    13 July 2009
  • Lloyd's set for record 2010 capacity
    Lloyd's looks on course for record 2010 capacity, as a flurry of the market's (re)insurers submit plans to increase their underwriting base.
    13 July 2009
  • 2006 year sees record 60% return on capital
    According to the latest syndicate forecasts, all-time record profits from the recently closed 2006 year of account at Lloyd's are set to be followed by solid profits for the 2007 account.
    13 July 2009
  • Pamplona awaits FSA green light for Chaucer stake
    Russian-backed private equity firm Pamplona Capital Management is still awaiting approval from UK regulator the Financial Services Authority (FSA), after conditionally building a 16.27 percent stake in Lloyd's insurer Chaucer last month.
    13 July 2009
  • Colin Owen returns
    Veteran personal accident (PA) underwriter Colin Owen is set to return to the London market.
    13 July 2009
  • Barbican secures flexible capital from Scor/Lloyds TSB to support '09 plan
    Barbican has emerged as one of a number of Lloyd's insurers adopting a flexible approach to meet increased capital requirements.
    13 July 2009
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