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Zurich's 'Unicover' Headache
Proposed spin-off troubled by disputed workers’ compensation carve out losses Zurich Financial Services’ ability to spin-off its reinsurance division will depend upon persuading investors that a series of losses, including ongoing exposures arising fro
01 May 2001
Validus hires chief accounting officer
Bermudian (re)insurer Validus Holdings has appointed Michael Moore as chief accounting officer, reporting to CFO Jeffrey Sangster
25 June 2013
Canopius and Hiscox fiddled by Stradivarius loss
Lloyd's insurers Canopius and Hiscox will be forced to face the music if attempts to recover a $1.9mn antique violin stolen in London on Monday (6 December) are unsuccessful, The Insurance Insider has learned.
07 December 2010
Zurich promotes Davies to global head of GI marine
Zurich Insurance Group has announced the appointment of Mike Davies as global head of marine underwriting within its general insurance business from 1 July 2013
25 June 2013
Legal news in brief
No Chubb review for Travelers from US court; Lloyd's in Stanford fees costs wrangle
15 December 2010
Munich Re ups profit forecast on benign cat year; EUR1bn share buy-back
Munich Re, the world’s second largest reinsurer, raised its full year earnings forecast and announced its first ever share buy-back today (7 November) as it became the latest industry carrier to benefit from the benign claims season.
07 November 2006
Markel looks for profitable growth
US insurer Markel Corp posted second quarter net profits of $121mn or $12.15 a share, up from $90.4mn or $9.11 a share in the prior-year period, as it announced plans for its Lloyd's operation to open up a Singapore office.
06 August 2007
Solid start for Europeans says Benfield
European reinsurers enjoyed a "solid start" in the first quarter of 2006, underlined by underwriting profits, stronger capitalisation and stable ratings, according to a report from reinsurance broker Benfield.
26 June 2006
Ascot to open Texas office
Lloyd’s insurer Ascot Underwriting is set to open an office in Houston, Texas as it aims to secure locally placed energy business.
01 August 2007
R&Q acquires run-off French reinsurer
Expansive legacy and services specialist Randall & Quilter (R&Q) unveiled another modest acquisition last week, with a EUR3.2mn deal to take over French reinsurer La Licorne Compagnie de Réassurances.
26 April 2010
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