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Equitas v Brandywine spiral showdown finally begins
The long-running dispute between Berkshire Hathaway-backed Equitas and Randall & Quilter (R&Q)-owned Brandywine finally began in the UK High Court today (15 June).
15 June 2009
Insurers resist Satyam D&O claims
Insurers led by Tata-AIG are resisting claims brought by Indian IT and outsourcing giant Satyam Computer Services, according to local media reports.
15 June 2009
Transatlantic Re CEO welcomes 'new era'
Transatlantic Holdings president and CEO Robert Orlich has written to the firm's clients applauding the successful sale of American International Group's (AIG) majority stake this week.
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
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
Analysts bullish on Scor's prospects
Paris-headquartered reinsurer Scor is an attractive proposition for investors and is set to benefit from the integration of Converium and improved underwriting capacity, ratings and a low cost ratio, according to analysts.
15 June 2009
IPC shareholders vote against tie-up with Max
Max Capital has withdrawn its merger agreement and plan of amalgamation with fellow Bermudian reinsurer IPC Holdings, after IPC shareholders did not approve the required proposals at IPC's annual general meeting today (12 June).
12 June 2009
Brit confirms Chaucer takeover interest
Brit Insurance has finally confirmed its interest in acquiring Lloyd's insurer Chaucer Insurance Holdings plc, in a short statement to the London Stock Exchange this afternoon (12 June).
12 June 2009
Transatlantic Re CEO welcomes 'new era'; stock up 12 percent
Transatlantic Holdings president and CEO Robert Orlich has written to the firm's clients applauding the successful sale of American International Group's (AIG) majority stake this week, saying its new independent status marks a "new era" for the firm.
12 June 2009
AIG closes sale of majority stake in Transatlantic
Transatlantic Holdings president and CEO Robert Orlich issued an open letter to the reinsurers’ clients and brokers after American International Group (AIG) closed its sale of 29.9 million shares at $38 each...
12 June 2009
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