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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
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
Willis still committed to Gras Savoye
After revealing it was discussing selling a portion of its interest in French insurance broker Gras Savoye & Cie, global broker Willis has publicly reiterated its commitment to the leading Gallic intermediary.
13 July 2009
Integro moves into profit for first time
Private equity-backed Integro Insurance Brokers turned its cash flow positive for the first time last quarter.
13 July 2009
$1bn Willis Stanford action focuses on client letters
A look at the history books reveals that when a financial institution collapses, litigators often turn on the professional services firms it has used in search of restitution.
13 July 2009
Pamplona awaits FSA green light for Chaucer stake
Russian-backed private equity firm Pamplona Capital Management is still awaiting approval from UK regulator the Financial Services Authority (FSA), after conditionally building a 16.27 percent stake in Lloyd's insurer Chaucer last month.
13 July 2009
Lloyd's looks for new turnkeys after RenRe move
Lloyd's is keen to encourage more so-called turnkey operators to enter the market following RenaissanceRe's acquisition of the specialist provider Spectrum Syndicate Management last month.
13 July 2009
Guy Carpenter strengthens London management
MacDonald in next as Newhouse relocation and Keeling hire bolster non-US operations.
13 July 2009
JLT hires Aon Ltd deputy chairman
Jardine Lloyd Thompson (JLT) has hired Jonathan Palmer-Brown to join the UK broker’s group executive committee.
10 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.
10 July 2009
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