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Scor gets A+ upgrade from S&P
Standard & Poor's (S&P) move to upgrade Scor to A+ with a stable outlook means the French reinsurer has seen its ratings boosted by all four major agencies in the last three months.
05 June 2012
Flagstone shares surge 10 percent
Shares in up-for-sale (re)insurer Flagstone Re have climbed almost 10 percent in the last three days of trading.
05 June 2012
Generali CEO Perissinotto ousted by shareholder power
Generali CEO Giovanni Perissinotto has become the latest top executive casualty of shareholder activism after he was stripped of his position by the board of the Italian insurer this weekend.
04 June 2012
Validus launches new $70mn Florida-focused Alphacat sidecar
Validus Holdings has launched another sidecar in its AlphaCat fleet that is writing collateralised reinsurance with a focus on providing windstorm cover for Florida domiciled insurers.
01 June 2012
Willis Global streamlines 20+ units into three main profit centres
The new look divisional structure of Willis Global will streamline the group's London-based global broking operations into three major profit centres, The Insurance Insider has learned.
01 June 2012
RenRe unveils $55mn Timicuan III Florida sidecar
RenaissanceRe has established a new sidecar Timicuan Reinsurance (Tim Re) III, to take a portion of the Florida homeowners' business written by the Bermudian reinsurer that incepts today (1 June)
01 June 2012
RFIB exec to join Alesco
Prominent energy broker Jonathan Lyne is leaving RFIB to take the deputy chairman role at energy specialist Alesco Risk Management Services, The Insurance Insider understands.
01 June 2012
Hyperion Windsor swoop values broker at £95mn
Broking house Windsor has agreed its sale to insurance distribution group Hyperion in a deal valuing the business at £95mn, as predicted by The Insurance Insider.
01 June 2012
Generali under pressure to oust CEO
Italian insurance giant Generali has called an extraordinary general meeting for tomorrow (Saturday 2 June), where shareholders are expected to put pressure on CEO Giovanni Perissinotto to step down
01 June 2012
IAIS sets criteria for ‘too big to fail’ insurers
The International Association of Insurance Supervisors (IAIS) has released its proposed method of assessing which insurers will be deemed of global systemic importance.
31 May 2012
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