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Axis takes Q4 hit for Blue City credit loss
Axis Capital's decision to underwrite the performance of $399mn of bonds financing an ambitious luxury development in the Oman desert has cost almost 20 points on its...
17 February 2010
People moves
(Re)insurance litigator leaves RPC for rival; Brit appoints chief information officer.
16 February 2010
News in brief
Clydesdale provides financing for Windsor; Allied World sets up new division; Katherine Barker to head Armour US subsidiary; Chris Blackham returns to insurance industry at Howden...
16 February 2010
Guy Carp to part ways with UK chairman
Guy Carpenter is set to part company with UK chairman Mark Hewett, it emerged last week.
16 February 2010
Lawrence of Argo lured by Chaucer
Lloyd's insurer Chaucer has lured top Argo International underwriter Mark Lawrence to head up its new launch international liability division.
16 February 2010
Unusual El Nino conditions inhibit forecasting
Guy Carpenter's Asia-Pacific Climate Impact Center (APCIC) over-estimated tropical cyclone activity in the Western-North Pacific region in 2009, the broker said in a review.
16 February 2010
Scor ups 1/1 renewal volume 7%
Scor reported increases in volumes and pricing across its portfolio during an upbeat renewals update last week.
16 February 2010
AIG Alico sell off may be less than half cash
American International Group (AIG) may be forced to take more than $8bn of MetLife stock in lieu of cash if it wants to get life subsidiary Alico off its hands, according to US reports.
16 February 2010
AM Best gives Hardy stable rating outlook
Bermuda-domiciled Lloyd's insurer Hardy has received a stable ratings outlook from AM Best, ahead of its full year results due at the beginning of March.
16 February 2010
PartnerRe adds fac unit in post-Paris reshuffle
PartnerRe announced a string of additional structural changes last week, following the closing of its acquisition of Paris Re.
16 February 2010
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