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Trusselle not ‘fit and proper’ to operate in Gibraltar
Gibraltar's Financial Services Commission (FSC) has banned James Trusselle, the former managing director of now-defunct Gibraltarian insurer Lemma Europe Insurance Company Ltd, from operating in a senior financial services role on the Rock
04 March 2014
Cooper Gay rebrands Asia marine arm
Global insurance intermediary Cooper Gay Swett & Crawford has re-launched its Hong Kong-based Asian marine unit under the name Latitude Brokers, the company said today (4 March)
04 March 2014
RSA loses Scandinavia CEO to Direct Line
The head of troubled UK general insurer RSA's highly regarded Scandinavian unit, Mike Holliday-Williams, is leaving the firm to take up a role at rival carrier Direct Line, the companies said today (4 March).
04 March 2014
Brit confirms £850mn+ IPO plan
Brit Insurance plans to float on the London Stock Exchange next month, the Lloyd's carrier said this morning (4 March), confirming a story published yesterday by The Insurance Insider
04 March 2014
JLT profit gets emerging markets boost
London-listed (re)insurance broker Jardine Lloyd Thompson on Tuesday (4 March) reported a bigger-than-expected increase in its 2013 profit thanks to a strong performance in reinsurance and emerging markets, and said chief executive Dominic Burke will take a two month break in May.
04 March 2014
IQ Spring 2014
Is necessity really the mother of invention? Or is it the hellish seed that will sprout into potential disaster?
Mark Geoghegan
,
04 March 2014
Syndicate 218 closes 2011 at 12.6% loss
Managing agency Equity Syndicate Management Limited has confirmed the result of motor underwriter Syndicate 218's 2011 account, reporting a 12.57 percent loss on capacity.
04 March 2014
Brit poised to announce IPO
Brit Insurance is set to announce that it is returning to the stock exchange just three years after it was taken private in an £880mn ($1.5bn) deal by private equity houses Apollo and CVC, The Insurance Insider can reveal.
04 March 2014
Republican tax chief pushes SIFI asset tax
The top Republican tax legislator in the US Congress has proposed a measure that will see the largest US insurers forced to pay a quarterly 3.5 basis point tax on all assets over $500bn.
03 March 2014
American Financial extends National Interstate tender offer
American Financial Group (AFG) is waiving its minimum tender offer condition and extending the deadline of its subsidiary Great American's bid to buy the shares it doesn't already own in National Interstate
03 March 2014
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