November 2008/2

The sluggish 2008 reinsurance market saw Guy Carpenter’s underlying revenues fall 10 percent at the third quarter from $226mn to $205mn, although the firm’s cost-cutting programme enabled the margin to remain unchanged.

Expansive independent (re)insurance broker Cooper Gay & Co has hired a 10-strong aerospace team from Benfield’s London division.

Arch launches $400mn Dublin hub; FHCF fears mount; Airline premiums up; Rock resigns from Ironshore; Spitzer charges dropped; Carroll to leave Swiss Re

A number of Lloyd's stocks have seen significant uplift in recent weeks as investors gamble on a 2009 ratings uplift fuelled by the AIG crisis.

Former Brit Insurance COO Kathy Lisson is set to be unveiled in a senior position at the European operations of QBE Group, The Insurance Insider understands.

Until recently, one would be forgiven for thinking the inmates had taken over the M&A asylum. While specialist Lloyd’s and Bermudian (re)insurers were (and indeed are) routinely trading at heavy discounts to their asset value – despite, in many cases, bei

It took Aon only four days to agree takeover terms with Benfield Group, but it has taken more than two months to finalise the delicate restructuring of senior London positions for the soon-to-be giant reinsurance broking combine Aon Benfield.

As the financial world waits for President-elect Obama’s key appointments in the US Treasury, the attention of the (re)insurance industry once again turns to the taxation debate over offshore domiciles and the future...

The uplift in mergers and acquisitions activity in the Lloyd’s market over the last two years has contributed to a shift in the make-up of leading investors in the sector.

Bermuda’s invasion of Lloyd’s continued unabated as Flagstone Reinsurance Holdings ended its long search for a Lime Street platform with an agreement to buy Marlborough Underwriting Agency Ltd from Berkshire Hathaway.

IT companies ATOS and IBM are now in a head-to-head battle to win the Lloyd’s messaging hub contract, after Xchanging was ruled out of the process.

American International Group (AIG) has thrown financial incentives at key executives in a bid to prevent a talent drain.