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Quinn administrators look overseas for buyers
Grant Thornton, the administrators to distressed Irish insurance group Quinn Insurance, are keen to minimise job losses by selling the insurer to a buyer that does not have an existing Irish platform.
24 May 2010
Flagstone adds to buyback programme as Byrne departs
Bermudian Flagstone Re is unlikely to expand aggressively in 2010 after it announced the departure of its founding chairman Mark Byrne and the addition of $50mn to its share buyback programme.
24 May 2010
LMX legend Walsham Bros up for sale
Lloyd's reinsurance broker Walsham Brothers & Co is up for sale, with London-based corporate financial advisers Lexicon Partners managing the tender process, The Insurance Insider can reveal.
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
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
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
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
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