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Aon to pursue Alliant in New York
A New York Supreme Court judge has denied US broker Alliant's bid to dismiss a lawsuit filed by its larger rival Aon over an executive poaching row linked to Peter Arkley
03 July 2012
Swiss Re sells private equity arm to BlackRock
Swiss Re has sold its private equity investment arm to BlackRock and signed a strategic agreement under which the asset management giant will manage its alternative investment portfolio.
03 July 2012
Quoted Lloyd’s sector shrinks further as Hardy de-lists
The stable of small-cap listed Lloyd's (re)insurers has dwindled to just two after Hardy confirmed that its deal to be acquired by CNA has become fully effective and that its shares will cease trading.
02 July 2012
Quinn escapes jail but must reveal hidden assets
Founder of Irish insurer Quinn Insurance, Sean Quinn, has escaped a jail sentence but has been ordered to reveal his remaining assets, after being found guilty of contempt of court last week.
02 July 2012
Hardy de-lists as deal signed and sealed
Lloyd's (re)insurer Hardy has confirmed that its deal to be acquired by CNA has become fully effective and that its shares will cease trading.
02 July 2012
Loss-free US property cat buyers see falling rates: Willis Re
US property cat rates for nationwide carriers with loss free accounts at 1.7 were flat to up 5 percent, with less-affected business seeing rises in the 2.5 to 7.5 percent range, according to Willis Re.
02 July 2012
George to chair Marsh energy practice
Marsh announced today (2 July) that it has appointed Andrew George as chairman of its Global Energy Practice, reporting to Jim Pierce, head of the Marsh Global Industry Practices group
02 July 2012
Novae downgraded on Zurich defections
Lloyd's insurer Novae Group has been downgraded by stockbroker Peel Hunt following the apparently choreographed defections from its Zurich reinsurance office in May and June, together with the sluggish mid-year reinsurance renewal markets
02 July 2012
Amlin promotes Beale in exec reshuffle
Lloyd's insurer Amlin has promoted its current underwriting director for Amlin London, Simon Beale, to the new role of group chief underwriting officer, the company announced today (2 July)
02 July 2012
US cat writers further disappointed as 1.7 rates 0-5% up
US property cat reinsurers look set to be left disappointed for the second month in a row, with 1 July renewals seeing average rate rises in the flat to five percent up range, The Insurance Insider understands.
30 June 2012
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