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JLT claims success of senior aviation hires
Broker JLT has claimed success in its strategy of driving market share through senior team hires in the aviation sector, investors heard in a presentation yesterday (21 September).
22 September 2010
AIR: Insured losses from Karl $100mn-$200mn
Insured losses caused by Hurricane Karl's Mexican landfall are expected to fall within the $100mn to $200mn range, according to catastrophe modeller AIR.
22 September 2010
Fitch puts Brit on ‘watch negative’ over PE leverage fears
Fitch Ratings has put Brit Insurance on "watch negative" over fears that a private equity takeover could weaken the financial profile of the UK insurer.
21 September 2010
Chinese call off $2.15bn move on AIG’s Taiwan life unit
The American International Group (AIG) is "evaluating its options" after the collapse of the $2.15bn sale of its Taiwan unit to Chinese suitors.
21 September 2010
BP fights insurers’ bid to shift lawsuit to New Orleans
BP says Lloyd's excess insurers are using delaying tactics in their attempt to transfer a Texas lawsuit involving $750mn worth of coverage for the Deepwater Horizon oil spill to New Orleans.
21 September 2010
FSA signs up to further transatlantic cooperation
UK regulator the Financial Services Authority has signalled its intent to step up cross-border cooperation by concluding an agreement with the US Financial Industry Regulatory Authority (Finra)
21 September 2010
Bermuda Igor losses ‘unlikely to exceed $100mn’
Insured losses from the damage caused on Bermuda by Hurricane Igor are likely to be under $100mn, according to catastrophe modelling firm AIR Worldwide.
21 September 2010
Shareholders approve Aon/Hewitt merger
Shareholders at consulting giant Hewitt Associates voted in favour of the merger with insurance intermediary Aon, pushing the deal one step further to completion
20 September 2010
News in brief
Kiln sets up marine operation in Germany; Litmus sees strong demand...
20 September 2010
People moves
John Edwards exits Aon Benfield; New chairman for Lexicon; Ramage joins Whittington...
20 September 2010
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