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Palmer-Brown to succeed Agnew at JLT
Jardine Lloyd Thompson (JLT) has restructured its key London market unit in the wake of chairman Andrew Agnew's sudden departure last month.
04 October 2010
Flagstone Re estimates $52.5mn NZ quake loss
Flagstone Re expects claims from the New Zealand earthquake of $52.5mn net of reinstatement premiums and retrocession.
04 October 2010
Swiss Re and World Bank buy Brazilian specialty insurer
Swiss Re has invested $40mn alongside the World Bank's International Finance Corporation (IFC) to buy out Brazilian specialty insurer UBF Seguros.
04 October 2010
RSA back on spending trail with CAN$420mn move on GCAN
UK general insurer RSA has resumed its acquisition drive with a CAN$420mn move to buy GCAN Insurance Company and its parent company, Glenstone Capital Incorporated, from the Ontario Teachers' Pension Plan Board.
04 October 2010
Lippe overhauls Swiss Re senior management
Swiss Re CEO Stefan Lippe has overhauled the reinsurer's senior management team, bringing in new chief operating and chief risk officers and creating a number of new positions.
04 October 2010
Scor receives another rating agency boost
French reinsurer Scor has received a further rating agency fillip, after enjoying an AM Best upgrade on the eve of last month's Monte Carlo reinsurance Rendez-Vous.
04 October 2010
RVI up for sale
The RVI Group - a specialty writer of residual value insurance in the commercial equipment, passenger vehicle and real estate markets - is looking for a buyer, among other strategic options.
04 October 2010
Allied World latest to exit Bermuda for Switzerland
Allied World is to move its main holding company to Switzerland, providing further evidence that Bermuda is losing its lustre as an offshore domicile.
04 October 2010
Ace takes senior executive from The Hartford
Ace Group has lured Juan Andrade from The Hartford to head up its property and casualty (P&C) personal lines and small commercial business.
04 October 2010
Starr hires Chubb political risk team
CV Starr is growing its political risk/credit business after hiring a market leading underwriting team from Chubb Group of Insurance Companies.
04 October 2010
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