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Lemma Europe liquidation moves forward
The liquidation of Lemma Europe appears to have been granted by the Supreme Court of Gibraltar after it appointed Grant Thornton as liquidator.
29 January 2013
Cash salaries of AIG execs down 25% in 2012
AIG's 25 most senior executives saw their cash compensation fall by 24.5 percent or $5.6mn in 2012, a report from the Office of the Special Inspector General for Tarp (Sigtarp) said
29 January 2013
WR Berkley beats on Q4 EPS and pays out special dividend
WR Berkley has posted analyst-beating fourth quarter earnings and become the latest US insurer to report momentum on price rises for commercial insurance.
29 January 2013
US casualty rate rises accelerated in Q4: Marsh
US casualty insurance rates showed acceleration through the third and fourth quarters of 2012, according to data from Marsh.
29 January 2013
Eiopa launches key impact study but Solvency II delays still on the cards
The European Insurance and Occupational Pensions Authority (Eiopa) has initiated its technical assessment on long-term guarantee measures in Solvency II.
28 January 2013
Data room: Share price movements
Weekly share price movements and key data on The Insurance Insider's universe of P&C (re)insurers and brokers
28 January 2013
Tawa reshuffles audit function
UK-listed Tawa has announced a boardroom reshuffle, with two directors swapping roles, including the company's internal audit chief.
28 January 2013
Ace and R&Q settle Brandywine legal dispute
Randall & Quilter (R&Q) confirmed it has reached a final settlement with P&C giant Ace over a coverage dispute dating back to the $1bn Brandywine APH legacy transaction in 2006.
28 January 2013
Legacy market cools on Europe’s M&A prospects
Professionals operating in the run-off acquisition market are less optimistic that Continental Europe will be the promised land of future growth than they were a year ago, according to a new survey by PwC.
28 January 2013
Argo sells Lloyd's legacy business to Enstar's Shelbourne
Bermudian (re)insurer Argo has written to its capital providers to confirm that it has agreed to cede the 2009 and prior-year reserves of the Heritage Syndicate, which it acquired in 2008.
28 January 2013
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