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Sanity slowly returns to run-off M&A pricing
After the excesses of 2007-08, the recent sales of Alea UK and Copenhagen Re suggest a modicum of sanity is returning to the pricing of run-off M&A businesses.
13 July 2009
Aon appoints UK retail head
Aon has moved swiftly to appoint a new CEO of its UK retail operations, naming Rob Brown to replace Peter Harmer - who will return to his native Australia in September.
13 July 2009
Barbican secures flexible capital from Scor/Lloyds TSB to support '09 plan
Barbican has emerged as one of a number of Lloyd's insurers adopting a flexible approach to meet increased capital requirements.
13 July 2009
Swine flu tail risk for contingency market
The London contingency market is facing a lingering exposure to event cancellation due to the swine flu pandemic.
13 July 2009
Lloyd's embarks on major review
Lloyd's is undertaking a major strategic review that will define its 2010 business planning, and which will be in place when the former Berkshire Hathaway executive Tom Bolt formally takes over as head of underwriting next year.
13 July 2009
Guy Carpenter strengthens London management
MacDonald in next as Newhouse relocation and Keeling hire bolster non-US operations.
13 July 2009
Legacy leaders see opportunity to export asbestos expertise
The legacy industry could cash in on its asbestos expertise by advising on solutions to aid non-insurance related mergers and acquisitions activity when asbestos exposures are present.
13 July 2009
Convergence stars recognise excellence
Attendees at the inaugural Trading Risk awards on the 25 June were a combination of convergence industry veterans and relative newcomers.
13 July 2009
Willis in $139mn spiral settlement, CNA case remains
Willis will pay $139mn to settle part of a longstanding dispute arising from its involvement in the infamous London market personal accident (PA) reinsurance spiral of the late 1990s.
13 July 2009
Benfield MBO team reunite over the road
The regenerative nature of the reinsurance broking sector has once again been demonstrated, with former Benfield Group directors John Coldman and Michael Rees preparing to reunite with ex-colleagues...
13 July 2009
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