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Bermuda and Switzerland first to be assessed for SII equivalence
Bermuda and Switzerland - favoured domiciles for many international (re)insurers - are first on European regulators' list for granting Solvency II equivalence to non-EU countries.
15 July 2010
Ironshore and QBE big gainers in US E&S rankings
Ironshore and QBE have shot up data provider SNL's rankings of the fastest-growing excess and surplus lines (E&S) carriers in the US, with Berkshire Hathaway and Allianz falling sharply as they curb premium.
14 July 2010
Chile struck by 6.5 magnitude earthquake
Chile has been struck by a 6.5 magnitude earthquake in the Bío Bío region, home to some of the country's leading pulp and paper producers.
14 July 2010
HRH veterans re-emerge with new US aggregator
Two years after Willis acquired rival broker Hilb Rogal Hobbs (HRH), senior former HRH executives have emerged at the head of a new US broker aggregator, The Hilb Group.
14 July 2010
US crop insurers accept $6bn subsidy cut
US crop insurers have agreed a deal with the US Department of Agriculture (USDA) that will see federal subsidies cut by $6bn over the next decade.
14 July 2010
Analyst highlights investor jitters over $4.9bn Aon-Hewitt tie-up
Following a tumble in Aon's share price during US trading yesterday (12 July), as investors digested the implications of its expansive acquisition of Hewitt Associates, an Atlantic Equities analyst has expressed concern
13 July 2010
Xchanging expands in Middle East
Processing giant Xchanging has signed a two-year outsourcing contract with Saudi Development and Training Company (SDT), the latest in a series of moves to grow its footprint.
13 July 2010
RBSI prepares for multi-billion pound restructuring
The UK's largest motor insurer, Royal Bank of Scotland Insurance (RBSI), is preparing for a multi-billion pound corporate restructuring in advance of a sale process likely to take place in 2012.
12 July 2010
People moves
Partner reshuffle after Benchimol departure;
12 July 2010
News in brief
London calling for Heath Lambert;
12 July 2010
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