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  • Space insurance underwriters are facing the prospect of yet another loss with the failure of a Kazakhstan communications satellite in orbit, The Insurance Insider revealed last week.
  • Jardine Lloyd Thompson Group Plc (JLT) has acquired HWS Holdings Limited (HWS) with its two Lloyd’s broker subsidiaries for up to £8.75mn, as predicted by The Insurance Insider.
  • Willis Group Holdings has had its debt ratings placed under review for downgrade by rating agency Moody's after last week’s announced $2.1bn acquisition of Hilb Rogal & Hobbs (HRH).
  • The under-pressure shares in Brit Insurance Holdings Ltd have been tipped by the firm's corporate adviser to stage a recovery as the group continues to show resilience in its reinsurance business.
  • In another tough week for the stocks of the UK's quoted non-life insurers, RSA share price was a rare exception buoyed by vague suggestions of a possible bid from QBE.
  • QBE the Americas president and CEO Tim Kenny has taken three months leave of absence from the insurer for personal reasons, The Insurance Insider can reveal.
  • Martin Sullivan has resigned as chief executive of American International Group (AIG) after bowing to mounting shareholder pressure over the company’s performance that has slumped on heavy credit losses.
  • Space insurance underwriters are facing the prospect of yet another loss with the failure of a Kazakhstan communications satellite in orbit, The Insurance Insider can reveal.
  • Lloyd’s listed (re)insurer Beazley Group plc has promoted group finance director Andrew Horton to take over from Andrew Beazley as its chief executive.
  • Arthur J Gallagher International has acquired the Global Business Solutions (GBS) wholesale business from Heath Lambert, The Insurance Insider can reveal.