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Bumper Q3 brings capital question to the fore
(Excess) capital is back. Should the industry follow Munich Re’s lead?
06 October 2009
Guy Carp to buy Rattner Mackenzie from HCC
Global reinsurance broker Guy Carpenter has agreed a deal to buy London-based reinsurance broker Rattner Mackenzie Limited (RML) from US specialty insurer HCC Insurance Holdings (HCC).
05 October 2009
Oxygen unveils new structure after five years
Oxygen Holdings celebrates five years with a restructure that appoints Graham Elliott, former global director of Institutional Equity Sales at Prudential Equity Group, as CEO of its UK broking subsidiary, Oxygen Insurance Brokers.
02 October 2009
Munich Re calls market turn with buyback resumption
Global reinsurance giant Munich Re is resuming the share buyback programme it cancelled seven months ago at the nadir of the global financial crisis, citing a "stabilised economic environment" and "unneeded capital".
01 October 2009
AIG UK unveils Colraine as COO
AIG UK has appointed Tom Colraine to the new role of chief operating officer, reporting to CEO Lex Baugh.
30 September 2009
Enstar acquires RSA’s UK legacy business
Expansive Bermudian run-off manager Enstar has acquired UK insurer RSA’s legacy portfolio, British Engine, for £28mn in cash.
30 September 2009
The Hartford appoints former BoA executive as chairman and CEO
The Hartford Financial Services Group has named Liam McGee - former president of the Consumer and Small Business Bank for Bank of America - as its new chairman and CEO.
30 September 2009
Aviation rates up 20% at 1/10, but 2010 outlook hazy
The global aviation insurance market is facing a challenging outlook as the historically significant airline renewal milestone of 1 October approaches this week.
28 September 2009
Investment outlook remains dim, warns Lloyd's
According to Lloyd's director of finance, risk management, and operations, Luke Savage, the outlook for sustaining strong investment returns remains dim for the foreseeable future...
28 September 2009
TSM Syndicate 1110 start-up closer to 2010 launch
The on-off Lloyd's start-up TSM Agencies looks closer to reaching fruition after The Insurance Insider revealed that it has harnessed £10mn of underwriting capital from the Electrical Contractors' Association (ECA).
28 September 2009
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