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Capita and Armour Re in race to win Swiss Re run-off prize
A short-list of bidders have entered the final stages of a tender process for Swiss Re's UK run-off unit Pro Insurance Solutions (Pro), The Insurance Insider understands.
24 August 2009
Aon wins Cordea Savills account
Broking giant Aon has won a contract to consolidate international property fund manager Cordea Savills' current insurance arrangements into a pan-European programme.
24 August 2009
IAG limps into profit
Troubled Australian insurer Insurance Australia Group (IAG) has returned to profit for the full financial year to 20 June 2009 - posting a net gain of A$181m, compared to a loss of A$261mn in FY2008.
24 August 2009
Hank Watkins appointed as new president of Lloyd's North America
Lloyd's announced that Hank Watkins has been appointed as the new president of its North America division, effective from 31 August.
20 August 2009
Capita and Armour Re in race to win Swiss Re run-off prize
Two bidders have entered the final stages of a tender process for Swiss Re’s UK run-off unit Pro Insurance Solutions (Pro), The Insurance Insider understands.
20 August 2009
Kiln sees H1 reinsurance rates soar; revises ’07 and ’08 forecasts upwards
Lloyd's managing agent RJ Kiln & co saw reinsurance rates on its largest Syndicate, 510, climb to the highest it has seen in almost seven years during the first half of 2009, driven by US catastrophe-exposed lines.
19 August 2009
Clive Watson to stand down as Canopius agency CEO; Carroll not in frame as successor
Canopius Managing Agents CEO Clive Watson is to leave the Lloyd's (re)insurer with effect from 1 October.
18 August 2009
Insurers offer record £1mn Graff reward
Insurers have put up the specie insurance industry's biggest ever reward as they attempt to track down the Graff robbers and their loot.
17 August 2009
Towers Perrin takes Benfield US exec
Towers Perrin has named Derek Keating as an executive director of its London reinsurance brokerage business, effective 1 September.
17 August 2009
Aon Benfield continues to grow investment banking arm
Aon Benfield Securities has appointed Chris Parry as a director in its investment banking division, as it continues to grow the practice.
17 August 2009
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