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Chubb shakes off Sandy with Q4 profit
The Chubb Corporation turned a fourth quarter operating profit when Wall Street forecasts pointed to a loss, as the US giant outperformed on better-than-expected underwriting.
01 February 2013
Former Willis Global Specialties CEO Trotti lands at AIG
Former Willis Global Specialties CEO Joe Trotti has re-emerged as head of aviation at American International Group (AIG), The Insurance Insider can reveal.
01 February 2013
RMS loses COO with surprise Bentley departure
Risk Management Solutions (RMS) has lost its chief operating officer (COO) after Rob Bentley left suddenly at the end of last year, The Insurance Insider can reveal
31 January 2013
RFIB appoints former Benfield exec as finance head
Independent London-headquartered broker RFIB has appointed former Benfield finance executive Nick Moss as finance director.
31 January 2013
CVC Capital to acquire Dutch firm SNS Reaal
The UK private equity firm CVC Capital is leading a consortium to acquire the capital-starved Dutch banking and insurance company SNS Reaal.
31 January 2013
PartnerRe non-life treaty book grows 12% to $2bn at 1.1
PartnerRe has revealed a strong 1 January renewal on its non-life treaty book as it said it expects to write and bind around $2.0bn of business, equivalent to an increase of 12 percent from the renewable premium base.
31 January 2013
No SII-style regime for captives as Bermuda targets hedge funds
The Bermudian regulator will not apply a Solvency II-style framework to the island's captives sector and has pledged to maintain a favourable regime that it hopes will also attract new business, including more hedge funds.
30 January 2013
BP Marsh discloses Hyperion sales talks
Listed private equity investor BP Marsh has released a statement noting that it is in talks with a potential acquirer of its 13.8 percent stake in distribution group Hyperion
30 January 2013
US D&O rates start to harden after soft decade
US directors' and officers' (D&O) pricing was up 3.3 percent in the fourth quarter of 2012 as the market finally showed signs of turning after 10 years of falling prices, Marsh said in a US market review
30 January 2013
Validus sues US government over ‘erroneous’ taxation
Validus has sued the US government for collecting tax on retrocession cover that the Bermudian reinsurer bought outside America, a court filing shows
30 January 2013
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