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ANV hires Axa Financial CFO
ANV, the Dutch-headquartered specialty insurance start-up backed by Ontario Teachers, has hired the former Axa Financial Inc CFO Richard Dziadzio to head its finance team
16 April 2012
PartnerRe shares close down after AM Best negative outlook
PartnerRe's shares closed down 1.79 percent on Friday after AM Best assigned a negative outlook to its A+ financial strength rating.
14 April 2012
ABN Amro sells insurance broker arm to Aon
Dutch bank ABN Amro has agreed to sell off its commercial insurance broker to Aon for an undisclosed sum, following a strategic decision to split its banking and insurance activities.
13 April 2012
Shelbourne in talks to RITC Jubilee motor syndicate
Enstar-owned run-off specialist Shelbourne is in talks with Jubilee over providing a reinsurance to close (RITC) contract for the Lloyd's insurer's run-off motor syndicate 1231, The Insurance Insider understands
13 April 2012
S&P gives Direct Line junior debt issuance BBB+ rating
Standard & Poor's (S&P) has assigned a BBB+ rating to a proposed issuance of junior subordinated debt from Direct Line Insurance Group, a subsidiary of Royal Bank of Scotland (RBS)'s up-for-sale insurance unit.
13 April 2012
Property cat leads the way as Willis prepares buyers for further price rises
Broker Willis has painted a picture of a transitioning market for US insurance buyers as the cost of renewing cover picks up steadily across property cat, workers' comp and a number of other lines, but continues to be kept down by competition in some areas.
12 April 2012
Equity 218 takes 90% off combined ratio
Dedicated Lloyd's motor underwriter Equity Syndicate 218 came fairly close to breakeven in 2011 a year after making a £499mn loss
12 April 2012
Underwood to bow out as Colemont-THB integration takes next step
Colemont Insurance Brokers Limited (CIBL) has announced that Jeremy Underwood, the firm's chairman, will step down on 31 May after seven years with the firm
12 April 2012
Canopius rejigs management structure
Privately owned (re)insurer Canopius has reorganised its management structure in order to keep pace with the group's global expansion
12 April 2012
Modest reinsurance capital fall may not tell whole story
Although reinsurance capital edged down by just 3 percent in 2011, the amount of capital available for underwriting may have fallen further than this, according to an Aon Benfield briefing.
11 April 2012
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