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RBS completes part VII transfer of insurance businesses
Royal Bank of Scotland (RBS) has completed the transfer of its UK insurance portfolio into a single entity, clearing the way for a likely disposal.
09 January 2012
Beazley signs Deutsch to board
Lloyd's (re)insurer Beazley has signed up former Ironshore CEO Bob Deutsch as a director to its managing agency Beazley Furlonge
09 January 2012
Melbourne storm not a reinsurance loss – Suncorp
Australian insurer Suncorp has told investors that it expects its losses from the hail storm that hit Melbourne on Christmas Day to be contained by its A$250mn reinsurance retention.
09 January 2012
White Mountains completes legacy deal
Bermudian (re)insurer White Mountains has completed a transaction to acquire the legacy portfolio of defunct reinsurer Old Lyme Insurance Company.
06 January 2012
Berkshire wades into CCR’s Thai positions
Berkshire Hathaway lived up to its reputation as the consummate opportunist by becoming one of the biggest reinsurers in Thailand overnight on 1 January, The Insurance Insider can reveal
06 January 2012
Regulator approves creation of XL Brazil
The Brazilian (re)insurance regulator has given XL Group final approval to set up an insurance operation in the fast-growing Latin American country.
06 January 2012
Axis appoints former ZFS exec CEO of Australian operations
Industry veteran David Smith has joined Axis Capital as CEO of its Australian operations.
06 January 2012
MarketScout: December rate rise confirms US market turn
Insurance exchange MarketScout's market barometer for US P&C pricing rose 1 percent in December, to close out 2011 with a second consecutive monthly increase.
05 January 2012
RSG to acquire energy coverholder from Willis
Ryan Specialty Group (RSG) has agreed to purchase specialty underwriting manager Global Special Risks (GSR) from Willis North America
05 January 2012
Asia Capital Re affirmed by AM Best
AM Best has affirmed its A-financial strength rating on regional reinsurer Asia Capital Re (ACR), which has been hit by losses from the Thai flooding
05 January 2012
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