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Amlin and Argo take NZ earthquake loss creep past $300mn
Revised loss forecasts from reinsurers Amlin and Argo have taken the growth in reported reinsurance losses from the New Zealand earthquake past the $300mn mark.
17 January 2011
Omega CEO could earn up to £3mn on company sale
After 10 months at the helm, Omega CEO Richard Pexton stands to make up to £3mn from shares and options if a deal with Canopius closes, according to analysis from The Insurance Insider.
17 January 2011
Key Omega shareholders meet with potential buyer
Representatives from Omega's leading shareholders - including 29.7 percent owner Invesco - held an official meeting with Canopius on Friday (14 January), The Insurance Insider understands.
17 January 2011
Carlson Capital stakebuilds in two Lloyd’s M&A targets
New York-based hedge fund Carlson Capital has acquired significant stakes in recent Lime Street M&A targets Omega and Hardy, according to regulatory filings.
17 January 2011
Past losses hint at reinsurers' flood exposures
With Queensland's general insurance market dominated by Suncorp, QBE and Insurance Australia Group (IAG) there are few indications from international (re)insurers on the level of exposure they anticipate from the floods
17 January 2011
The magnification effect
It is strange the way emotions play a large part in how investors view the global P&C industry.
17 January 2011
Fairfield to launch global MGA with ‘deeds not words’
Matt Fairfield, the former founding CEO of HCC Global Financial Products, has chosen the Netherlands as the domicile of his ambitious new global specialty managing general agency (MGA).
17 January 2011
Australia floods will be up to three cat events
The floods that have devastated Queensland could represent up to three events for the international (re)insurance community, The Insurance Insider understands.
17 January 2011
Aspen parts company with US insurance president
Aspen Insurance Holdings has parted company with the head of its US insurance operations, Bill Murray, after just over a year with the firm
17 January 2011
Fairfield to launch global MGA with deeds not words
Matt Fairfield, the former founding CEO of HCC Global Financial Products, has chosen the Netherlands as the domicile of his ambitious new global specialty managing general agency (MGA)
17 January 2011
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