March 2008/5

Markel International has promoted Jeremy Brazil to active underwriter of its Lloyd’s Syndicate 3000.

US reinsurer OdysseyRe, which is owned by Canadian conglomerate Fairfax Financial Holdings, has doubled its share buyback programme to $400mn.

Ratings agency AM Best has affirmed Swiss Re's A+ (Superior) financial strength rating and removed it from review with negative implications after receiving reassurance over the firm’s exposure to credit default swaps (CDS).

Aon has criticised the "absurdly late" release of reinsurance tariffs for the P&I (protection & indemnity) clubs, called for full transparency of how shipowners' premiums are allocated and questioned...

French insurance giant AXA's UK subsidiary has taken formal control of broker SBJ Group after getting the green light from shareholders and UK regulator the Financial Services Authority.

Leading insurance linked securities (ILS) investor and co-founder of Fermat Capital Management John Seo has warned that a "reputational storm is definitely brewing" over the sector, over the lack of transparency, disclosure and...