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Chaucer plans to increase 2007 capacity
UK-listed (re)insurer Chaucer Holdings plc has announced a £40mn increase in capacity for next year.
26 June 2006
Lloyd's bolsters China team as deadline looms
Lloyd's has added Steve McCann, its head of open years, to a special working party to manage its application for a permanent Chinese licence as the deadline for regulatory approval fast approaches.
12 June 2006
Insider Shorts: GE’s Employers Re – unloved and up for sale
GE’s Employers Re – unloved and up for sale “ERC does not fit GE’s business model” said General Electric chairman and chief executive Jeff Immelt on 21 November as he revealed its reinsurer would cost the company another $2bn.
01 December 2002
Aon forms first ICC
Aon Captive Services has formed White Rock Insurance (Guernsey) ICC Limited, the first incorporated cell company (ICC).
18 September 2006
Lloyd’s confirms Ward as new chief executive
As first revealed by The Insurance Insider on 6 February, Lloyd’s has chosen the former head of the International Petroleum Exchange (IPE) Dr Richard Ward as its next chief executive following the departure of Nick Prettejohn at the end of last year.
15 March 2006
Aon's Middle East expansion continues
Aon Middle East has been authorised by the Qatar Financial Centre Regulatory Authority (QFCRA) to operate in Qatar.
28 July 2008
Allstate in £5bn RBS driving seat
"Every little helps" is Tesco's advertising catchphrase but it might also have been coined for Royal Bank of Scotland’s increasingly desperate need to sell-off assets to plug its £6bn+ exposures to the credit crisis and raise its crucial tier 1 capital re
04 August 2008
Swiss Re hit by further credit losses
Swiss Re shares fell more than 5 percent last week after the reinsurance giant continued to disappoint analysts with further structured credit losses that halved Q1 profits.
12 May 2008
Wellington facing scrutiny following syndicate capacity trading
Trading by Wellington Underwriting plc in this year's Lloyd's syndicate auctions is being scrutinised following revelations that the company bought capacity on its own syndicate at a fraction of the price now being offered as part of the Catlin Group take
20 November 2006
$250mn sat loss placed by Willis
The $250mn loss of an African telecommunications satellite at the end of last year was placed in the space insurance market by Willis, with cover understood to be led by Munich Re.
04 February 2008
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