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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.
01 October 2010
Allied World latest to leave Bermuda for Switzerland
Bermudian (re)insurer Allied World is to move its main holding company from Bermuda to Switzerland, providing further evidence that the island is losing its lustre as an offshore domicile.
01 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.
01 October 2010
AIG outlines Treasury repayment plan
American International Group (AIG) plans to repay the bail-out funding from the US Federal Reserve by the end of the first quarter of 2011 through a series of moves that will further lift the Treasury's stake in the firm.
30 September 2010
Torus founder Hope joins Capita
One of the founders of energy specialist Torus Insurance Holdings, David Hope, has joined the board of Lloyd's "turnkey" provider Capita Managing Agency as a non-executive director, it has emerged.
30 September 2010
Expansive BMS ekes out meagre 2009 profits
After squeezing a profit of £200,000 from its £40mn+ revenue base in 2008, reinsurance broker BMS Associates struggled again amidst the soft market, eking out post-tax profits of just £6,000.
30 September 2010
Palmer-Brown to succeed Agnew at JLT
Former Aon Ltd deputy chairman Jonathan Palmer-Brown is to succeed Andrew Agnew as chairman of Jardine Lloyd Thompson's (JLT) London market specialty arm, as predicted last week by The Insurance Insider.
30 September 2010
Kirby steps down as Flagstone Re’s London market head
Dominic Kirby has left his position as CEO of the managing agency for Flagstone Re's Syndicate 1969, according to a Lloyd's auction disclosure.
30 September 2010
Lloyd’s pricing falls in third auction
Pricing fell across the board in the third Lloyd's capacity auction this week, with particularly marked declines for poorly performing syndicates.
30 September 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.
29 September 2010
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