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  • Limited growth opportunities in the Japanese property and casualty (P&C) insurance market has led rating agency Moody's to issue a negative outlook on the sector.
  • RK Harrison Insurance Brokers Ltd has confirmed the "imminent" acquisition of Lloyd's broker, Bowood Holdings Ltd.
  • Omega Insurance Holdings Ltd bucked the recent trend of profit decreases and losses shown by (re)insurers in the first half of the year after reporting a 34 percent increase in post-tax profits.
  • Willis has confirmed that it will resurrect the Faber & Dumas brand as an umbrella organisation for its group-owned third-party London wholesale brokers, as first revealed by The Insurance Insider.
  • Allied World Assurance Company Holdings Ltd (AWAC) has become the latest Bermudian to expand its operations in Switzerland.
  • American International Group's (AIG) share price has fallen a further 30 percent in pre-market trading to below $9 this morning as investors digested the collapse of Lehman Brothers this weekend amid fears that the Federal Reserve may be reluctant to step
  • It's possible that Transatlantic Re - the world’s eighth largest reinsurer - would have been sold before the end of the year despite this extraordinary weekend on Wall Street, but few, if anyone, could have entertained the thought that American Internatio
  • A group of former American International Group Inc (AIG) executives including former chairman Maurice “Hank” Greenberg have agreed to pay $115mn to settle a shareholder derivative lawsuit over payments made to the Starr companies.
  • Willis has confirmed that it will resurrect the Faber & Dumas brand as an umbrella organisation for its group-owned third-party London wholesale brokers.
  • Transatlantic Re is poised to be sold as its embattled majority shareholder American International Group (AIG) looks to rescue itself from the crisis in confidence that saw its share price collapse to as low as $14.09 yesterday before recovering to close