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Historic Equitas transfer ruling set for end of June
A 24 June date has been set for the UK High Court to consider approving a part VII transfer of all Equitas’ liabilities.
26 May 2009
£880mn Brit Insurance buy-out to complete on 2 March
UK regulator the Financial Services Authority (FSA) and Lloyd's have formally approved the proposed Brit Insurance takeover by the private equity duo Apollo and CVC.
16 February 2011
Allstate suspended from writing new Florida business
Florida insurance commissioner Kevin McCarty has suspended Allstate Companies from writing new business in the state after accusing the US insurer of failing to provide subpoenaed documents at a hearing into its Florida activities.
16 January 2008
New injunction against Arkley in Aon/Alliant poaching row
A New York court has issued a preliminary injunction against former Aon executive Peter Arkley, after he jumped ship with 60 other staff members to California-based rival Alliant last year
25 September 2012
Legislation shields reinsurers from nuclear liability
Legal exclusions mean that international reinsurers will not face significant costs connected with the overheating Japanese nuclear plant Fukushima Dai-ichi - no matter what happens at the stricken facility.
14 March 2011
Scor opens Netherlands Life office
French reinsurer Scor has built out its presence in the Dutch life reinsurance market with the establishment of an office in the Netherlands through its subsidiary, Scor Global Life.
12 October 2009
Arch to form $400mn Gulf Re
Arch Capital Group Ltd is to form Gulf Re, a Dubai-based $400mn capitalised reinsurer, in a joint venture with the Gulf Investment Corporation.
17 March 2008
Bank of Ireland in EUR400mn life securitisation
Bank of Ireland Life has securitised EUR400mn of value-in-force (VIF) life insurance policies in the first rated European VIF transaction for almost three years.
09 November 2007
LMA appoints Gittings as chief executive
Trade body the Lloyd’s Market Association (LMA) has ended its search for a new chief executive with the appointment of David Gittings, the former group head of risk at Wellington Underwriting Plc.
18 December 2006
RSA delivers healthy return; continues legacy disposal
UK general insurer Royal & Sun Alliance (RSA) bounced back to a profit of £638mn for 2007 despite taking a hit from last summer's UK floods.
03 March 2008
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