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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
2006 year sees record 60% return on capital
According to the latest syndicate forecasts, all-time record profits from the recently closed 2006 year of account at Lloyd's are set to be followed by solid profits for the 2007 account.
13 July 2009
Lloyd's set for record 2010 capacity
Lloyd's looks on course for record 2010 capacity, as a flurry of the market's (re)insurers submit plans to increase their underwriting base.
13 July 2009
Colin Owen returns
Veteran personal accident (PA) underwriter Colin Owen is set to return to the London market.
13 July 2009
INSIDER VITAL INSURANCE STATISTICS - July 2009
Insider Vital Insurance Statistics (IVIS) is our new regular monthly feature tracking the trends impacting the quoted (re)insurance sector. This month: Bermudians and Europeans fight back in strong Q2; (re)insurer valuations stay low...
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
Hard market takes off for airline insurers
July's airline insurance renewal figures have so far painted a picture of double-digit price increases, adding to the momentum behind hardening in the sector.
13 July 2009
PartnerRe allows private equity exit
PartnerRe's takeover of Paris Re will see it first exchange 0.30 of its common shares for each of its target's outstanding shares in a stock swap.
13 July 2009
LMX market awaits crucial Equitas Brandywine decision
On 2 July, the counsel for Berkshire Hathaway’s run-off vehicle Equitas, Alistair Schaff QC, told a packed UK courtroom at the end of the pivotal LMX spiral-related trial...
13 July 2009
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