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Aon completes London move
Following an overwhelming endorsement from shareholders last month, Aon Corp has completed its change in corporate domicile from Delaware to the UK
02 April 2012
Hastings posts strong results ahead of future IPO
UK motor insurer/broker Hastings Insurance Group posted a 63 percent increase in pre-tax profits for 2011 to £31mn, but said its planned IPO would only go ahead when market conditions have improved
02 April 2012
Ark outperforms with sub-100% CR
Private equity-backed (re)insurer Ark has posted strong 2011 full-year profits and a 10.3 percent return on equity (RoE) despite a record-breaking year for major losses in the wider Lloyd's market
02 April 2012
Aon director resigns
Andrew McKenna, a confidante of Pat Ryan and long-serving Aon director, has resigned shortly after the Chicago broking giant ratified its controversial plans to move its corporate headquarters to London
02 April 2012
Duperreault appointed chairman of FACI
MMC president and CEO Brian Duperreault is the inaugural chairman of the Federal Advisory Committee on Insurance (FACI)
02 April 2012
Allied World centralizes reinsurance operations under Bender
Allied World Assurance Company has centralized its reinsurance operations into a single global platform led by John Bender.
30 March 2012
Lloyd's overhauls top executives’ pay
Lloyd's has announced an overhaul in the structure of senior executives' remuneration for 2012 that will reduce bonuses while increasing the proportion of remuneration as fixed salary.
30 March 2012
Senior Omega underwriter sells majority of remaining stake at 50.5p
Omega's deputy active underwriter David Burchett, who has been with the company since 1994, has sold one million Omega shares at around 0.67x book value.
30 March 2012
1.4 rates strong but Japanese buy less cover than in 2011
On the last working day before the 1 April renewal deadline, the Japanese big three insurance groups have disappointed market expectations that they would buy more excess of loss (XoL) earthquake cover
30 March 2012
1.4 rates strong but Japanese buy less cover than in 2011
On the last working day before the 1 April renewal deadline, the Japanese big three insurance groups have disappointed market expectations that they would buy more excess of loss (XoL) earthquake cover
30 March 2012
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