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  • Equitas, the legacy albatross that has hung around the neck of Lloyd's Names ever since its creation in 1996, can now be formally detached after the UK High Court approved the transfer to a new company, Equitas Insurance Ltd, on 25 June.
  • The two former Marsh Inc executives who were sentenced to jail time last month for their part in bid-rigging have had their sentences postponed pending their appeal.
  • Normal.dotm 0 0 2010-03-04T11:50:00Z 1 30 163 Insider Publishing 2 1
  • Last week's move by Swiss Re to sell its US asset management arm Conning & Co to Jeff Greenberg-run private equity firm Aquiline Capital Partners LLC should help increase its capital buffer.
  • With the majority of interims published, Lloyd’s insurers are prospering as they unveil “market leading” combined ratios. Despite stiff competition, the current winner is Kiln Amlin: beats consensus with strong interims The second largest quoted Llo
  • An international sea search is underway after a Malaysia Airlines Boeing 777-200ER passenger jet carrying 239 people went missing en route to Beijing from Kuala Lumpur on Saturday (8 March), in what is feared to be the worst airline disaster of 2014
  • According to reports, world’s fourth largest reinsurer and third largest life reinsurer Hannover Re is carrying out due diligence on the US life reinsurance business of Dutch financial services outfit ING.
  • Lloyd's has remained upbeat despite the market missing the 100 percent 2007 target for take-up on usage of electronic claims files (ECF) as it ended the year at 88 percent.
  • Catlin Group COO, Paul Jardine, has called on insurers to be "very wary" of repatriating capital to shareholders in the current market environment, as the sub-prime debacle may hamper future attempts at capital raising.
  • Insurance Australia Group (IAG) has rejected two merger proposals by rival QBE Insurance Group claiming the offer price is "inadequate".