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Fitch puts A- Flagstone on negative watch
Fitch Ratings has placed the A- insurer financial strength rating of Flagstone Re on negative watch.
02 March 2012
Ribeiro to leave Lloyd’s in May
Lloyd's has confirmed that its director of International Markets Jose Ribeiro will be leaving the organisation in May to take up a new CEO role overseas
02 March 2012
Analysts hail performance of new look Novae
Novae has been praised by analysts for its full-year performance in 2011, and also won a new "buy" recommendation and improved forecasts
02 March 2012
Willis Re appoints Rainbow as European head
Willis Re has announced that veteran David Rainbow will become managing director of its European business - a position that was left vacant when incumbent Tony Melia was promoted in January
02 March 2012
R&Q reinsures former Cox syndicate to close
(Re)insurance service provider and legacy investor Randall and Quilter (R&Q) has reinsured to close the 2007 year of account of Equity-managed Syndicate 1208
02 March 2012
Catlin voices caution over Lloyd’s claims project
Stephen Catlin, the founder of Catlin Group and one of the most influential figures within the Lloyd's market, has sounded a note of caution over the London market's plans to build a new claims platform to deal with volume claims.
02 March 2012
Lloyd’s (re)insurer Atrium will run re-named Ariel Re rump
The unsold portion of Ariel Re will be rechristened Arden Re after the M&A deal with Goldman Sachs closes and will "in effect be managed" by the senior staff at Lloyd's (re)insurer Atrium
01 March 2012
Goldman Sachs confirms Ariel Re acquisition
Goldman Sachs has confirmed that it has reached agreement to acquire the Bermuda-based operations of Ariel Re, as exclusively revealed yesterday (29 February) in The Insurance Insider
01 March 2012
Ince & Co promotes five new partners
London-headquartered law firm Ince & Co has promoted five marine, shipping and energy and offshore lawyers from across Europe and Asia to become partners in the firm from May 2012
01 March 2012
HSBC set to sell insurance arm to Axa and QBE
Global bank HSBC is set to close a deal to sell its non-life insurance business to insurers Axa and QBE for $1bn by next week, according to reports
01 March 2012
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