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Enstar makes A$585mn Australian run-off acquisition
Listed Bermudian-headquartered legacy firm Enstar Group has acquired AMP Ltd's Australian-based closed (re)insurance operations for A$585mn ($518mn).
17 December 2007
Paris Re to cut retro spend after IPO
Proceeds from Paris Re's forthcoming IPO will be used to reduce its retro spend and strengthen share capital at its Swiss operating subsidiary.
02 July 2007
Expansive Jubilee hires Travelers property team
Lloyd's insurer Jubilee Managing Agency Ltd is continuing its expansion strategy with the appointment of property underwriter Martin Pope and a team from Travelers, The Insurance Insider understands.
04 August 2008
Alliant succumbs to private equity overtures
Alliant Insurance Services Inc became the latest US insurance broker to succumb to overtures from private equity investors when it confirmed last week that it had agreed to a takeover from The Blackstone Group.
11 June 2007
Scorpion fails to sting as Lovell wins council election
Alan Lovell has won the bitter contest to become the external member representing Names on the Council of Lloyd's, The Insurance Insider can reveal. Lovell is the preferred candidate of the Association of Lloyd's Members.
13 January 2010
HCC looks to launch Lloyd's syndicate
Lloyd's insurer Illium Managing Agency Ltd is to apply to launch a wholly aligned syndicate to write business on behalf of parent HCC Insurance Holdings, Inc.
24 September 2007
Allianz 'on track' for 2007
German financial services group Allianz posted a 17.7 percent increase in operating profit to EUR3.3bn for the second quarter of 2007, but reported net income down by 6 percent.
06 August 2007
AIG appoints risk chief as Taiwanese suitor circles Nan Shan
Taiwanese-listed bancassurer Fubon Financial Holdings has emerged as a potential bidder for American International Group (AIG)'s Taiwanese life insurer Nan Shan.
15 November 2010
Mapfre shrugs off EUR106.1mn Chile hit
Mapfre achieved an 8.7 percent increase in revenues for full-year 2010, despite a EUR 106.1mn hit from the Chilean earthquake.
07 February 2011
$2.5bn sales bolster AIG
American International Group (AIG) has raised $2.5bn from its latest round of sales.
17 August 2009
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