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Spiller to chair Lloyd's insurer
Bermudian Argo Group International Holdings has appointed former Guy Carpenter CEO, David Spiller, to take the position of chairman at its recently acquired Lloyd's insurer Heritage Managing Agency plc.
22 August 2008
MMC appoints new CFO
Marsh & McLennan Companies Inc (MMC) has appointed Vanessa Wittman as the group's new CFO, ending its search to replace the outgoing Matthew Bartley.
22 August 2008
Allianz has 10 percent share of Madrid crash
Allianz has a 10 percent share of the slip for the Spanair McDonnell Douglas MD-82 that crashed at Madrid airport on Wednesday, claiming 153 lives.
22 August 2008
Allianz has 10 percent share of Madrid crash
Allianz has a 10 percent share of the slip for the Spanair McDonnell Douglas MD-82 that crashed at Madrid airport on Wednesday, claiming 153 lives.
22 August 2008
Aon to buy Benfield in £844mn deal
Aon Corporation is set to buy London-listed Benfield Group in a £844mn deal cementing the Chicago-headquartered firm's position as the world's largest reinsurance broker.
22 August 2008
R&Q and GLOBAL Re form European partnership
Randall & Quilter Investment Holdings plc (R&Q) and GLOBAL Reinsurance Company have formed a partnership for the purchase and management of non-life run-off companies in Europe.
22 August 2008
Enstar closes GoshawK acquisition
Run-off specialist Enstar has completed the acquisition of failed (re)insurer GoshawK Insurance Holdings plc after securing ownership or offer acceptances for 89.4 percent of its issued shares.
22 August 2008
Mainsail II agrees restructure with Goldman Sachs
Receivers of Mainsail II LLC - the ailing structured investment vehicle (SIV) that a number of Lloyd's insurers are exposed to - have entered a restructuring and portfolio sale agreement with Goldman Sachs International (GSI).
22 August 2008
Senior Marsh exec to leave broker
The head of Marsh's global industry practices, James Enelow, is to leave the broker as the company continues with its restructuring plans, The Insurance Insider revealed earlier this week.
22 August 2008
New Bermuda registrations drop
Soft market conditions may have contributed to a drop-off in new insurers registering in Bermuda, according to the island's regulator.
22 August 2008
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