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AM Best affirms Arch Re
AM Best has affirmed the A+ financial strength rating (FSR) and aa- issuer credit ratings (ICRs) of Arch Reinsurance and its strategic affiliates
25 January 2013
Third Point delivers on first year business plan: AM Best
AM Best has affirmed the A- financial strength rating of Third Point Re (TP Re) as it delivered a positive verdict on the Bermudian reinsurer's first year in operation.
24 January 2013
Market must learn from history: ex-Lloyd’s CEO Prettejohn
The Lloyd's (re)insurance market must remain constantly vigilant to avoid repeating past mistakes, according to former Lloyd's CEO Nick Prettejohn.
24 January 2013
Keeling takes RFIB non-exec post as Dandridge steps down
London-headquartered broker RFIB has appointed former Guy Carpenter International CEO Henry Keeling as a non-executive director following the departure of former Atrium active underwriter Christine Dandridge.
24 January 2013
Public and private Sandy insured loss $28bn: Aon Benfield
Superstorm Sandy inflicted $28.2bn of losses on private (re)insurers and the US government-backed flood insurance scheme, Aon Benfield has estimated.
24 January 2013
Ex-Atrium executive Dandridge poised to bid for her old firm
Atrium's former active underwriter Christine Dandridge is readying a bid for the Lloyd's carrier with backing from Brazilian investment bank BTG Pactual, The Insurance Insider can reveal.
24 January 2013
Lloyd's chairman supports UK's proposed EU vote
Lloyd's chairman John Nelson has thrown his support behind the UK holding a referendum on its membership of the European Union and said the UK should opt to stay in
24 January 2013
KKR takes 25% stake in Nephila
Private equity firm Kohlberg Kravis Roberts & Co (KKR) has acquired a 24.9 percent stake in Nephila, the leading insurance-linked securities (ILS) fund manager with almost $8bn in assets under management (AuM)
24 January 2013
RLI beats on earnings and delivers $106mn special dividend
US specialty insurer RLI Group strongly outperformed Wall Street earnings forecasts with operating earnings per share of $0.89 compared to the analysts' consensus of $0.45 a share.
24 January 2013
Generali taken off S&P watch on turnaround plans
Generali CEO Mario Greco's recently unveiled vision to reverse the the Trieste-headquartered insurer's fortunes has averted the threat of an imminent downgrade from Standard & Poor's.
24 January 2013
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