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Tolle returns to Lime Street with Beazley Furlonge appointment
Former Lloyd's franchise performance director Rolf Tolle is to join the board of Lime Street managing agency Beazley Furlonge - his first appointment since his retirement in December.
16 June 2010
Former Stanford liquidator Vantis suspends shares
AIM-listed accounting firm Vantis has been forced to suspend shares and its CEO and another director have resigned after conceding that the firm may not be able to continue as a going concern.
15 June 2010
ZFS eyes life move to Dublin
Zurich Financial Services (ZFS) is in talks with UK watchdog the Financial Services Authority (FSA) over a plan to create a single headquarters in Ireland for the European arm of its life operation, according to reports.
15 June 2010
Massachusetts pool to sell $100mn+ cat bond
Munich Re has launched a $100mn+ cat bond on behalf of the Massachusetts state-sponsored windstorm insurance pool in a deal which is expected to close on 1 July.
15 June 2010
Apollo’s Brit approach: What the analysts said
As Brit shares surged in the wake of the revelation of Apollo's approach, analysts were divided on what constituted a fair price for the UK insurer and on its merits as a takeover target.
14 June 2010
People moves
Long new group president at Lib Mut; Redhead to leave DE Shaw;
14 June 2010
CTC makes run-off acquisition
UK insurance services provider Charles Taylor Consulting plc (CTC) has acquired Guernsey- registered Finistere Life Assurance Company Limited from the Carey Group.
14 June 2010
Camomile scheme gains approval
The proposed solvent schemes of arrangement for the Camomile Pool companies last week secured unanimous approval from its creditors, The Insurance Insider understands.
14 June 2010
Scottish Lion axes staff
Run-off insurer Scottish Lion has axed the majority of its staff after its sale to Berkshire Hathaway subsidiary National Indemnity Company (NICO), The Insurance Insider understands.
14 June 2010
Lawyers deem CX Re decision “pragmatic”
Specialist lawyers have greeted as "pragmatic" a recent decision by the UK commercial court to dismiss an appeal by Brazil-based reinsurer IRB against arbitration in favour of its reinsured CX Re.
14 June 2010
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