November 2004/5

World’s largest insurer AIG has announced the acquisition of the insurance portfolio of the Royal & SunAlliance (R&SA) branch operations in Japan by its subsidiaries American Home Assurance Company and AIU Insurance Company.

Argenta’s new marine Lloyd syndicate will be allocated number 1965 when it begins trading next year, Insider Week can reveal.

At a time when capital management has become increasingly important to insurance investors, Lloyd’s listed insurer Chaucer announced on Friday (19 November) it would increase dividends by around 10 percent a year from 2005 to 2008, matching its objective

Broker Aon has stated the potential impact of a mammoth round of energy litigation currently underway in the Royal Courts of Justice.

Willis’ hopes that it may be the main beneficiary from any client fall-out at Marsh were boosted last week with the revelation that Fortune brands – a company named in Spitzer’s 14 October lawsuit – appointed Willis to replace the world’s largest broker.