March 2008/5

Grahame Chilton, Benfield Group CEO, has made an impassioned plea for a more joined-up approach to international regulation as he said the current fragmented structures are generating greater costs and complexities...

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.

Aon founder and executive chairman Pat Ryan has announced that he intends to retire from the broker on 1 August.

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...

Lloyd's must remain open to new entrants despite the softening market, according to Barbara Merry, CEO of newly-redomiciled (re)insurer Hardy Underwriting Bermuda Ltd.

Security Capital Assurance (SCA) has fought back against a lawsuit filed by Merrill Lynch & Co alleging its financial guarantee subsidiary XL Capital Assurance Inc (XLCA) is attempting to avoid...