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Gallagher confirms Rattner Mackenzie team hire
AJ Gallagher's London operation confirmed it has hired the trade credit team that defected from former HCC-owned broker Rattner Mackenzie before the entity was sold to Guy Carpenter - a move first revealed by The Insurance Insider.
09 October 2009
Typhoon Melor hits Japanese industrial production
Typhoon Melor has caused substantial disruption to a number of companies in Japan, after making landfall on 8 October near the city of Nagoya, with winds of 139 kph (86 mph).
08 October 2009
RIMS paints gloomy picture for Q3 renewals
North American commercial property and casualty insurance renewals are still at "deeply depressed rates", according to the latest Risk and Insurance Management Society (RIMS) Benchmark Survey of Q3 activity.
08 October 2009
$1.9bn IPO for ISO parent up 23 percent in opening day's trade
Verisk Analytics - the holding company for the family of risk analysis and assessment firms that includes ISO and modelling firm AIR Worldwide - has staged a successful initial public offering (IPO) of shares.
07 October 2009
Buffy: Pearls of wisdom
An unimpressed Buffy sees third party capital on the rise in 2010...
06 October 2009
Final civil settlements reached in Finite Re scandal
Four ex-General Re executives have reached settlements in the civil action over a sham finite reinsurance transaction involving the Berkshire Hathaway-owned reinsurer and American International Group (AIG).
06 October 2009
PwC to push through slimmed down Minster
Despite the uncertainty thrown up by the Scottish Lion ruling, administrator PricewaterhouseCoopers is pushing ahead with the proposed solvent scheme of arrangement for Minster Insurance Company.
06 October 2009
Folksam scheme coming 'within weeks'
The scheme of arrangement for insolvent UK insurer Folksam that was first recommended in 2002 is set to be formerly proposed to creditors "within weeks", The Insurance Insider understands.
06 October 2009
BHP Billiton self-insures
Mining conglomerate BHP Billiton - which experienced heavy losses in 2008, primarily as a result of flooding in Australia - has decided to self-insure for property and business interruption risks.
06 October 2009
Ironshore, CV Starr grow US footprint
Expansive insurers Ironshore and CV Starr have continued to build out their platforms in the US.
06 October 2009
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