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Greenberg set to go on trial in May
Former American International Group (AIG) chief Hank Greenberg is set to go on trial on 2 May in a New York state lawsuit alleging he used bogus transactions to disguise the insurer's financial state.
24 January 2011
NY reinstates antitrust suit against Equitas
A New York state appeals court has reinstated an antitrust lawsuit brought by Global Reinsurance Corp against Equitas.
24 January 2011
Lloyd’s highlights Solvency II lobbying wins
Lloyd's general counsel Sean McGovern has praised the success of the Society's Solvency II lobbying efforts so far but warned that much work was still required.
24 January 2011
Aon sued over Washington metro crash
The public authority that runs the Washington DC metro has sued Aon for negligence following a dispute following a train crash in June 2009 that killed nine people and seriously injured a number of others.
24 January 2011
Towers Watson UK broking arm posts ample profits
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24 January 2011
Ryan Specialty launches construction MGU
Ryan Specialty Group has continued to build out its operations with the launch of a managing general underwriter for complex construction and property risks, Technical Risk Underwriters (TRU).
24 January 2011
BMS to launch new financial lines division
Independent London market broker BMS is poised to launch a new financial lines division later this year, The Insurance Insider can reveal.
24 January 2011
Guy Carpenter sets up Iberian fac team
Guy Carpenter has hired a trio of new executives to form the core of a dedicated facultative team that will serve Spain and Portugal.
24 January 2011
Tower grows mid-market with Navigators renewal rights deal
US insurer Tower Group has built out its book of business with the acquisition of renewal rights on a portfolio underwritten by Navigators Group.
24 January 2011
Catlin buys US admitted shell from QBE
London-listed (re)insurer Catlin Group has continued to build-out its US platform with the acquisition of a Wisconsin-domiciled admitted lines shell company from QBE for an undisclosed sum.
24 January 2011
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