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  • Axis Capital is on the hunt for another chief financial officer (CFO) after revealing that David Greenfield has resigned the post.
  • 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.
  • 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.
  • 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.
  • 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.
  • The National Hurricane Center (NHC) has upgraded Atlantic Tropical Storm Danielle to a hurricane.
  • 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.
  • 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.
  • Shares in London-based insurance services provider Charles Taylor Consulting (CTC) fell almost 30 percent last week after a profits warning.
  • 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.