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TransAllied deal could spark more Bermuda M&A
The $7bn deal to create TransAllied Group later this year could spur more M&A activity, according to a major equity analyst.
13 June 2011
Nelson Re downgraded on Glacier wind-down
The outlook on Glacier Re's 2008 Nelson Re catastrophe bond has been downgraded after the Swiss reinsurer placed its business into run-off late last month.
06 September 2010
Florida veto watch still on as Crist mulls options
State governor Charlie Crist is still yet to decide whether he will veto an industry-backed insurance bill voted through in the dying moments of the Florida State legislative session at the end of April.
10 May 2010
Munich Re on track for ‘clear’ Q1 profit
Munich Re is confident it will deliver "a clear profit" for the first three months of the year when it reports on 7 May, despite first quarter catastrophe losses approaching $1bn.
29 April 2010
Heath Lambert to grow regional business
Independently-owned UK broker Heath Lambert Ltd has pledged to diversify regionally through new hires and office openings.
17 March 2008
Reinsurers leave NZ fund uncovered
Reinsurers have declined to offer top-up cover to New Zealand local government insurance pool the Local Authority Protection Programme (LAPP), according to local media reports
18 April 2011
Beazley seeks to avoid capital raise with currency switch
Beazley has changed its regulatory capital currency to match its underwriting exposures, increasing the dollar proportion by $487mn.
13 January 2010
Whittington London operations up for sale at $60mn
Singapore-headquartered insurance group Whittington has confirmed that it has put its London-based managing agency business up for sale and will invest the proceeds in growing its Asian platform
21 March 2011
Record Allianz results despite sub-prime hit
German financial services giant Allianz AG's 2007 financial year results hit a historical high, with net income increasing 13.5 percent to EUR8bn accompanied by a proposed 45 percent dividend hike to EUR5.50 per share.
25 February 2008
ExxonMobil ordered to pay punitive damages for Maryland spill
ExxonMobil could be facing a $1bn+ legal payout after a Maryland jury ordered the oil major to pay punitive damages to the victims of a gasoline spill in 2006
01 July 2011
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