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Osborne rekindles hope on London 100 tax proposals
The new UK chancellor George Osborne has hinted that the coalition government would not dampen the Conservatives' commitment to scrutinise a tax policy paper prepared by The Insurance Insider's London 100 group.
24 May 2010
Kiln takes £50mn cat hit to date in 2010
Lloyd's (re)insurer Kiln has reported catastrophe losses of almost £50mn in the first four months of the year, as the start of the Atlantic hurricane season looms.
24 May 2010
WR Berkley to build Lloyd's marine book with Talbot hire
WR Berkley to build Lloyd's marine book with Talbot hire
24 May 2010
Flagstone founder Byrne steps down
Mark Byrne, who founded Bermudian Flagstone Re with David Brown, has stepped down as executive chairman after five years in the role.
24 May 2010
BMS names HSBC defector Diggory as head of new specie business
Reinsurance broker BMS has taken advantage of the fallout from Marsh's acquisition of HSBC Insurance Brokers (HIBL) by setting up a specie division.
24 May 2010
Bowring Marsh opens in Tokyo
Marsh's wholesale division, Bowring Marsh, has opened an office in Tokyo as part of its plans to expand in Asia in 2010.
24 May 2010
Coface turns the corner as recession claims drop off
Trade credit specialist Coface looks to have recovered in the first quarter, as its insurance segment produced a net profit for the first time since the onset of the global recession.
24 May 2010
AIG name fourth CEO this year of aircraft leasing arm
American International Group (AIG) has announced that Henri Courpron will serve as the fourth CEO within the last six months of its embattled aircraft leasing business.
24 May 2010
Watsa dips toe in commercial real estate
Fairfax Holdings CEO Prem Watsa, who accumulated over $2bn betting against credit default swaps (CDS) at the height of the financial crisis, has started investing in US commercial real estate.
24 May 2010
FSA reprieved by UK coalition
The Conservative Party has abandoned plans to abolish UK regulator the Financial Services Authority (FSA) as a concession to its coalition partners the Liberal Democrats.
24 May 2010
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