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Greenberg hits out at new AIG management over restated results
The legal team of former AIG CEO Maurice "Hank" Greenberg has published a "white paper" critiquing the company's restatement of its 2004 results.
10 August 2005
RenRe to buy out Synd 1458 manager Spectrum
Less than six weeks after launching at Lloyd’s, RenaissanceRe (RenRe) has agreed a deal to buy out the turn-key managing agency through which it established its Syndicate 1458 on Lime Street.
05 June 2009
International news digest - May 2006
ACE settles for $80mn; Willis parts company with Marsh defector; Allianz launches US aviation operation; Insured Q1 US losses at $1.38bn; Fortress Re founder dies; Rivera joins Fox at Praetorian; Insurers in $830mn Suncor BI settlement; et al...
04 May 2006
Benfield and Aon wrangle over broking conventions
It was only recently that a US judge was bemoaning the lack of case law on reinsurance broking commissions and then along comes Benfield Group suing rival Aon Re for $2.4m in damages...
12 July 2007
Synd 2121 joins Lloyd's hub as Yeo resigns from Argenta
Argenta Syndicate 2121 has become the latest addition to the Lloyd's Asia hub, as the parent of the Lloyd's insurer revealed it has parted company with Richard Yeo - the active underwriter on its existing Singapore-based Syndicate 1965.
23 March 2009
New wave of banking sub-prime losses
Anxious investors are awaiting the release of fourth quarter results from a number of banking groups this week, with concern mounting over the size of sub-prime related losses yet to come to light in the banking system.
17 December 2007
Zurich estimates $600mn Gustav/Ike loss
Zurich Financial Services Group (ZFS) last week joined a growing chorus of (re)insurers to reveal preliminary hurricane loss estimates, with expected claims payments from hurricanes Gustav and Ike amounting to $600mn before tax.
03 November 2008
Zurich in Scandinavian expansion
Zurich Financial Services is expanding in Norway and Denmark through two new branches of Zurich Insurance Ireland Ltd (ZIIL).
04 February 2008
Aspen profits hit by NZ and casualty deterioration
Fourth-quarter net and operating profits slipped at Aspen Insurance Holdings as deteriorating losses from the New Zealand earthquake hit its bottom line.
14 February 2011
Swiss Re appoints Mumenthaler to reinsurance CEO role
Swiss Re has appointed Christian Mumenthaler to the new role of CEO of the firm's reinsurance subsidiary, Swiss Reinsurance Company, effective from October.
22 June 2011
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