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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
Emerging markets boost Vienna
Premium growth in the emerging markets of Eastern Europe saw Vienna Insurance Group post a 34 percent increase to EUR288mn in its first half profits.
22 August 2008
Energy start-up Alesco continues Aon talent raid
Start-up broker Alesco Risk Management Solutions has continued its raid on Aon's energy team with a move for senior producer Bill Farnan.
22 August 2008
Fac back together
One of the more intriguing elements to Aon's takeover of reinsurance rival Benfield Group is the respective firms' facultative reinsurance operations.
22 August 2008
Amlin profits slide on lower investment returns
Amlin plc became the latest (re)insurer to report a drop in profits as a result of the difficult investment climate.
22 August 2008
JLT shares rise on M&A speculation
Shares in Jardine Lloyd Thompson Group Ltd (JLT) rose today following Aon's swoop for Benfield, in a move that fuelled market speculation over further broker M&A.
22 August 2008
Aon beats Guy Carpenter in Benfield takeover race
Aon Corp has triumphed over its rival Guy Carpenter for the £844mn prize of Benfield Group, The Insurance Insider can reveal.
22 August 2008
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