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AmTrust achieves Lloyd’s ambition
It has been years in the making, but US specialty insurer AmTrust has finally fulfilled its ambition of owning a full-service Lloyd's managing agency by acquiring Caribbean insurer Sagicor Financial's loss-making subsidiary.
06 August 2013
AIG’s shares hit 2013 high after Q2 beat
AIG's share price climbed strongly in early August after the convalescing insurance giant unveiled a strong Q2 earnings beat and resumed dividend payments and share repurchase plans.
06 August 2013
A battle not yet won
On 30 July shares in Barclays Bank fell 6 percent, wiping over $3bn off its market value, as it shocked shareholders by launching the largest cash call by a British lender since the 2008 financial crisis began.
06 August 2013
Markel to renew New Point sidecar
Markel Corp will support a new version of Alterra's New Point Re sidecar in 2014 despite the downward pressure on retro rates
06 August 2013
Lloyd’s insurer Ark in advanced MBO talks
Aquiline Holdings, the majority owner of Ark Syndicate Management, has agreed to sell the well-regarded Lloyd's (re)insurer to its management, The Insurance Insider can reveal
06 August 2013
AmTrust beats Q2 forecasts as premiums jump
US specialty insurer AmTrust has almost doubled its second quarter profit and beaten market forecasts thanks to strong premium growth and a robust investment performance.
06 August 2013
Esure shares fall below IPO price on dividend disappointment
Shares in Esure slumped by over 16 percent on 6 August after the UK motor and home insurer unveiled a lower than expected dividend, taking them below the price investors paid for them when the company went public in March.
06 August 2013
Willis Re shifts Australian chair to head Bermuda division
Willis Re has appointed the chairman of its Australian division, Michael Harden, to the new role of CEO of Willis Re Bermuda, the company announced today (6 August).
06 August 2013
Meadowbrook shares ‘attractive’ amid sale speculation
Meadowbrook Insurance Group shares are being tipped to outperform despite a slide in the beleaguered US insurer's stock in the immediate aftermath of its AM Best downgrade
06 August 2013
Esure shares slide as dividend disappoints
Shares in Esure slumped 6 percent in early trade after the UK home and motor insurer unveiled a lower than expected dividend, erasing almost all their gains since the company floated in March.
06 August 2013
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