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Glacier continues growth; plans further expansion
Swiss reinsurer Glacier Re continued to grow in 2007 with an increase in premiums and the launch of its first securitisation.
26 February 2008
AIG poised for fresh 2Q writedowns
American International Group's (AIG) new chief executive Rob Willumstad has given himself until Labor day (1 September) to demonstrate how he plans to restore the leviathan's fortunes.
04 August 2008
Flagstone and Glacier set to issue cat bonds
"Class of 2005" reinsurer Flagstone Reinsurance Holdings and Swiss headquartered reinsurer Glacier Re have cat bonds totalling $300mn in the capital market awaiting pricing, The Insurance Insider can reveal.
27 May 2008
Aon restructures as Devine steps down
The president of Aon Risk Services (ARS), Ted Devine, stepped down from the broking giant last week to launch a children's sporting charity.
24 November 2009
Omega syndicate rides out KRW to post 2005 profit
Omega Insurance Holdings Ltd Lloyd's Syndicate 958 has withstood the impact of hurricanes Katrina Wilma and Rita to post a profit for 2005, maintaining its pedigree of a pure underwriting profit in every year it has traded since its launch in 1980.
03 March 2008
Towergate founder calls for greater transparency
Broker commission transparency is "inevitable", according to Peter Cullum, the founding chairman of Towergate Partnership, yet he insisted the London market needs to eradicate major inefficiencies in order to compete in the long-term.
29 May 2007
North Americans wear storm losses (relatively)well
US insurer The Hartford announced record 2005 net income of $2.3bn, or $7.46 a share, despite the year’s record industry hurricane losses. The figures were up by 8 percent and 5 percent respectively on 2004 results of $2.1bn and $7.12 a share...
16 February 2006
Aon's Devine steps down
President of Aon Risk Services (ARS) Ted Devine has stepped down from the firm with immediate effect, The Insurance Insider can reveal.
20 November 2009
Swiss Re sees renewals growth through GE acquisition
Fuelled by its acquisition of GE Insurance Solutions (GEIS), Swiss Re reported a 14 percent increase in business at the January renewals, the equivalent of SFr1.3bn.
19 February 2007
Edinburgh challenge tamed on appeal
While the Scottish Court of Appeal's decision to reverse the dismissal of the Scottish Lion solvent scheme of arrangement has seen off the threat to the mechanism's future, the story will not end there.
04 February 2010
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