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  • Beazley has hired aviation underwriter David Oates from Liberty Mutual to spearhead its expansion into the aviation market.
  • Swiss reinsurer Converium is the latest company to report on the January renewal season, pronouncing itself “very satisfied” despite a 3 percent decline in non-life premium volume. During the January renewal season the company wrote...
  • Insurers are looking to the money markets, emerging markets and non-Euro safe havens to de-risk as the Eurozone crisis deepens, according to insurance asset management experts.
  • Lloyd's insurer Kiln plc revealed plans to pre-empt its 2007 syndicates capacity to around £1bn in its interim results statement today (12 September).
  • As the debate rages over the scale of taxpayer commitments to AIG through bailouts that aggregate to an estimated $180bn, politicians have continued to question who benefits from propping up the insurance giant.
  • US-based brokers Arthur J Gallagher & Co (AJG) and Hilb Rogal & Hobbs (HRH) disappointed analysts with first quarter profits down on expectations as the top line suffered from the impact of declining insurance rates.
  • Embattled UK insurer Royal & Sun Alliance breathed a corporate sigh of relief this month after its £1bn rights issue went through with 92 percent of the 1.3bn new shares subscribed for by existing shareholders at 70p each. Although heavily discounted
  • Following a freedom of information request, the FSA confirms that it has now undertaken two investigations into Lloyd's insurers. Who are they?
  • Aspen Insurance Holdings reported a 36 percent drop in third quarter net income to $92.8mn, with market conditions described by CEO Chris O'Kane as "highly challenging".
  • Jeffrey Greenberg’s private equity firm Aquiline Capital Partners has made an undisclosed investment in Rod Fox-headed TigerRisk to support the US reinsurance broker’s continued growth.