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Towergate swoops for PMI provider
UK consolidator Towergate Partnership has acquired the private medical insurance (PMI) provider City & Suburban Health.
03 March 2008
Conning sale to Aquiline takes Swiss Re closer to AA return
Swiss Re's move to sell its US asset management arm Conning & Co to Jeff Greenberg-run private equity firm Aquiline Capital Partners LLC will help increase its capital buffer as it refocuses on its core business and pushes for a return to an AA rating.
17 June 2009
THB sale on track for January completion
The latest stock exchange announcement from UK-listed Thompson Heath & Bond (THB) shows the broker is firmly on track to complete its £32mn sale to US wholesaler AmWins in January
06 December 2011
Allianz improves CR with reserve releases
German insurance leviathan Allianz Group reported a 22.7 percent rise in operating profit to EUR2.2bn for the second quarter
06 August 2010
Sants promises 'pragmatic' Solvency II implementation
Hector Sants, chief executive of UK regulator the Financial Services Authority (FSA), has suggested that UK insurers that aren't ready for Solvency II by 2013 might be given some wriggle room
23 June 2011
Converium class action opens door for non-US class action suits
A Dutch court has sanctioned a securities class action suit for investors in the late-2001 carve-out of Zurich Financial Services (ZFS)' reinsurance arm Converium, the first collective settlement to be agreed on a transatlantic basis.
23 January 2012
Lloyd's set to unveil radical blueprint for change
Proposals set to include differential charging of Central Fund in bid to reduce cost burden on members. Lloyd's is set to publish a radical blueprint for change later this month which will raise the prospect of a fundamental overhaul of the...
13 January 2006
Court action over EQC payout limit
New Zealand insurer Tower is taking the state-backed Earthquake Commission (EQC) to court to determine how much the government scheme should pay out to Christchurch householders stricken by multiple earthquakes in the past year.
13 June 2011
JLT share tender six times oversubscribed
More than 85 percent of Jardine Lloyd Thompson (JLT)'s other shareholders have offered to tender their shares to the group's largest investor, Jardine Matheson, as the conglomerate plans to add a further 10 percent to its holding.
24 October 2011
Aon Benfield estimates $15bn industry loss for US storms
Aon Benfield has estimated that insured losses for the powerful tornado outbreaks that struck the US in April and May total $15bn
22 June 2011
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