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Axis seeks new CFO after Greenfield departure
Axis Capital is on the hunt for another chief financial officer (CFO) after revealing that David Greenfield has resigned the post.
27 August 2010
Chaucer to stay UK-domiciled as profits dive
Chaucer's pre-tax first-half profits dived by 59 percent to £7mn in the first six months of the year as its combined ratio widened to 105 percent.
26 August 2010
Rowell joins Pat Ryan start-up
Former Beazley Group chief underwriting officer Johnny Rowell has signed up to Pat Ryan's ambitious start-up as it looks to build a London platform, The Insurance Insider can reveal.
26 August 2010
Amlin leads $31mn Chinese crash cover
Lloyd's (re)insurer Amlin leads the cover on the passenger plane that crashed in the Heilongjiang province of China earlier today, The Insurance Insider has learnt.
24 August 2010
Zurich UK hit with record £2.3mn fine for losing customer data
UK watchdog the Financial Services Authority (FSA) has levied a record £2.275mn fine on Zurich Insurance's UK branch for failing to keep client data secure.
24 August 2010
Hurricane Danielle strengthens
The National Hurricane Center (NHC) has upgraded Atlantic Tropical Storm Danielle to a hurricane.
24 August 2010
Tawa buys run-off Bermudian credit insurer
Run-off acquisition firm and service provider Tawa has bought Island Capital, the run-off Bermudian trade credit and political risk insurer, for up to $15mn.
23 August 2010
Charles Taylor pursues private equity firm over run-off purchase
Charles Taylor Consulting (CTC) is to pursue seller RJD Partners for outstanding liabilities relating to its purchase last year of struggling run-off specialist Axiom Consulting.
23 August 2010
Charles Taylor falls 30 percent
Shares in London-based insurance services provider Charles Taylor Consulting (CTC) fell almost 30 percent last week after a profits warning.
23 August 2010
R&Q trumps analyst expectations
Randall and Quilter (R&Q) trumped analysts' expectations as its first-half gross profit went up to £5.8mn from £1.2mn a year earlier on solid investment returns and diversification into new business lines.
23 August 2010
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