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RMS sees possible $1bn insured loss from US tornado outbreak
Modelling agency RMS has said there is a good chance that the 17 November outbreak of tornadoes in Illinois and Indiana could produce a $1bn insured loss.
19 November 2013
Benfield MBO team reunite over the road
The regenerative nature of the reinsurance broking sector has once again been demonstrated, with former Benfield Group directors John Coldman and Michael Rees preparing to reunite with ex-colleagues...
13 July 2009
Willis sells inherited US wholesaler
Bliss & Glennon, a Californian-based wholesale broker inherited by Willis Group as part of its $2.1bn acquisition of Hilb Rogal & Hobbs, was sold by the international broker last week.
20 April 2009
Church of England invests in acts of God
CCLA Investment Management, a specialist fund manager for UK charities, local authorities and the Church of England, has invested £20.58mn in the London-listed Catco Reinsurance Opportunities Fund
05 August 2014
Catlin estimates $200mn Japan loss
Lloyd's insurer Catlin will take a $200mn loss on the 11 March earthquake and tsunami that devastated north-east Japan
20 April 2011
Argo confirms Davis as new E&S chief
Argo Group International Holdings has confirmed Art Davis as president of its excess and surplus lines (E&S) business, an appointment first revealed by The Insurance Insider in August
15 November 2013
EQC fails to renew multi-year cover
New Zealand's Earthquake Commission failed to renew one of its multi-year reinsurance contracts at the July renewals and had to source the cover on an annual basis, according to local press.
28 July 2011
Gallagher UK in FirstCity takeover talks
AJ Gallagher UK is in advanced talks to acquire London market broker First City Insurance Group Limited (FCIG), The Insurance Insider can reveal.
09 December 2009
Ex-Marsh duo guilty of bid-rigging
Two of the leading enforcers of Marsh's contingent commissions during the heyday of so-called Placement Service Agreements (PSAs) were found guilty last week of taking part in bid-rigging.
25 February 2008
Willis ratings lowered on HRH acquisition
Willis Group Holdings has had its debt ratings placed under review for downgrade by rating agency Moody's after last week’s announced $2.1bn acquisition of Hilb Rogal & Hobbs (HRH).
16 June 2008
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