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eReinsure emerges as frontrunner for Qatar platform
Technology firm eReinsure is thought to have won the race to develop a new electronic placement platform in the Middle East.
27 October 2008
Argo launches financial products division
Bermudian (re)insurer Argo Group International Holdings Limited (Argo), which acquired Lloyd's managing agency Heritage earlier this year, has launched a new subsidiary aimed at the financial insurance market.
27 October 2008
Montpelier cements Lloyd's position with new managing agency
Montpelier Re launching its own Lloyd's managing agency for the 2009 underwriting year after its plans were approved by the Society and UK regulator the Financial Services Authority.
27 October 2008
RMS hikes Ike loss range to $13bn-$21bn
Modelling firm Risk Management Solutions (RMS) almost doubled its initial estimate for industry losses from Hurricane Ike to a range of $13bn to $21bn last week - making it the third most expensive US hurricane in history.
27 October 2008
(Re)insurers talk up turning market, but rates continue to fall
Despite a growing voice from the (re)insurance sector supporting the view that the market is turning, some observers believe that a return to hardening conditions across the board remains distant - even amidst mounting pressure on both sides of the balanc
27 October 2008
Brit pulls capacity from Augsburg Re binder
Brit Insurance Holdings plc has pulled out of its binding authority agreement with aviation managing general agency (MGA) Augsburg Re, The Insurance Insider can reveal.
27 October 2008
Transatlantic Re's stance and meltdown deters buyers
Transatlantic Re's determination to protect its interests as its embattled majority shareholder seeks to sell its stake is deterring potential buyers, The Insurance Insider can reveal.
27 October 2008
AIG talent drain fears mount
American International Group (AIG) announced the appointment of key executives last week it hopes will steer it through the current crisis that threatens to engulf the US insurer.
27 October 2008
Rutter leaves Lockton for expansive AMTrust
Former Independent Insurance executive Keith Rutter has left (re)insurance broker Lockton International for AmTrust as the expansive US insurer looks to grow its London presence.
27 October 2008
Lancashire bullish despite Q3 loss; Heralds turn in market
Despite booking its first ever quarterly loss, Bermudian (re)insurer Lancashire Group offered a bullish assessment of prospects in the market, as it heralded a return to hardening conditions.
27 October 2008
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