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Everest Re parts company with UK branch chief
Bermudian reinsurer Everest Re has parted company with Tom Jackson, the general manager and chief underwriting officer (CUO) of its London branch office, The Insurance Insider has learned.
20 January 2011
Lloyd’s set to cut back aviation business in 2011
Aviation premium written in Lloyd's looks set to decline in 2011 as the aerospace market responds to a series of loss-making years, The Insurance Insider can reveal.
19 January 2011
Ward: Lloyd’s profitability a concern in 2011
Lloyd's is concerned that it will struggle to maintain profitability in 2011 as it wrestles the twin challenge of falling rates and diminishing investment yields, according to CEO Richard Ward.
19 January 2011
Platinum buys back $50mn of options held by RenRe
Platinum Underwriters Holdings has agreed to pay almost $50mn to rival RenaissanceRe to buy back share options that it awarded when it went public in 2002.
19 January 2011
Is Hiscox the new Amlin?
Lloyd's insurer Hiscox may have joined its much-vaunted peer Amlin as investors' Lloyd's insurer of choice, a new analyst note suggests
19 January 2011
NZ losses of silent Lloyd’s trio may top $100mn
Lloyd's (re)insurers Hiscox, Beazley and Brit can expect a combined $110mn hit from the New Zealand earthquake, Keefe Bruyette & Woods analyst Christopher Hitchings estimates
19 January 2011
Guy Carpenter sets up Iberian fac team
Guy Carpenter has hired three new members of staff to form the core of a dedicated facultative team that will serve Spain and Portugal
19 January 2011
Catlin buys US admitted shell from QBE
London-listed (re)insurer Catlin Group has bought a Wisconsin-domiciled admitted lines shell company from QBE for an undisclosed sum
18 January 2011
AIR puts Queensland insurance loss as high as A$6bn
AIR Worldwide has put a range of A$3bn to A$6bn on industry insured losses from the floods that have deluged Queensland, Australia in and around Brisbane and Rockhampton in recent weeks.
18 January 2011
News in brief
Munich Re subsidiary launches China JV; Former Chubb CFO Kelso to leave Aspen; Willis appoints Finex analytics head; QBE bolsters trade credit team
17 January 2011
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