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Starr Wars returns as $4bn+ trial opens
The titanic battle between fallen insurance giant American International Group (AIG) and its former leader, Maurice "Hank" Greenberg, reaches a decisive stage today...
15 June 2009
Catlin looks for new CFO
Catlin Group Ltd is looking for a new chief financial officer after confirming last week that Chris Stooke will leave later this year.
15 June 2009
People moves
Aon Benfield loses senior retro broker; Zurich names new North Central property regional manager; Brit hires Munich Re property underwriting manager; RenRe appoints Kelly to succeed Donner as CFO
15 June 2009
ICAT sells Hawaii business to Universal
ICAT Holdings – which underwrites at Lloyd's through its Chaucer-managed Syndicate 4242 – has sold its US subsidiary ICAT Specialty Insurance Co (ISIC) to Universal North America.
15 June 2009
Regulator acknowledges insurers are not banks
(Re)insurers nervous of being swept up in a wave of global regulation triggered by the recent crises in the financial markets were thrown a lifeline last week.
15 June 2009
Back to reality in run-off pricing? Mixed signals…
The days of paying a premium to net asset value (NAV) for legacy business could be numbered as a sense of pricing discipline returns to the market...
15 June 2009
QBE relaunches K&R with Terra Firma tie-up
The specialty division of QBE European Operations has signed up to an exclusive deal with response consultants Terra Firma Risk Management as part of the relaunch of its kidnap and ransom (K&R) insurance offering.
15 June 2009
Guy Carpenter lures Europe execs from Aon Benfield
Guy Carpenter has continued to capitalise on the fallout from the Aon Benfield tie-up last year by luring members of the firm's Central and Eastern European team, The Insurance Insider can reveal.
15 June 2009
IPC reaches out to Validus after shareholders reject Max
Following the shareholders' rejection of IPC Holdings' board-recommended amalgamation with fellow Bermudian reinsurer Max Capital last week, IPC has engaged with Max's bidding rival, Validus Holdings.
15 June 2009
Qatar brands regional trading system
Qatar - one of the Arab emirates determined to become a regional hub for (re)insurance business - has rebranded its proprietary trading system.
15 June 2009
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