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AIG investigated over credit default swap valuation
American International Group Inc (AIG) is being investigated by the Securities and Exchange Commission (SEC) over its valuation of contracts linked to sub-prime mortgages, according to reports.
06 June 2008
Capita chairman McArthur to join R&Q
Run-off veteran Jerry McArthur will join Randall & Quilter Investment Holdings Plc (R&Q) as CEO USA and Bermuda after stepping down as chairman of Capita Commercial Insurance Services (CCIS).
06 June 2008
Bessis to join Marsh energy practice
Well-known energy broker Guy Bessis is moving to Marsh Ltd less than eight months after joining (re)insurance intermediary Integro, The Insurance Insider understands.
05 June 2008
Capita chairman McArthur to join R&Q
Run-off veteran Jerry McArthur is to join Randall & Quilter Investment Holdings Plc (R&Q) as CEO USA and Bermuda after stepping down as chairman of Capita Commercial Insurance Services (CCIS), The Insurance Insider understands.
05 June 2008
Seaton and Stonewall drop objections to English court hearing
The ongoing legal dispute between Randall & Quilter (R&Q) affiliate Cavell USA and private equity owned run-off insurers Seaton Insurance Co and Stonewall Insurance Co is set for an airing in the English courts this autumn.
04 June 2008
SGC execs defrauded Markel/QBE for ‘secret profits’
Markel International and QBE have emerged victorious from a UK High Court hearing after a judge ruled executives of Surety Guarantee Consultants Ltd (SGC) and a former Templeton Insurance director had conspired to defraud the insurers, obtaining...
04 June 2008
SGC execs defrauded Markel/QBE for 'secret profits', rules High Court judge
Markel International and QBE have emerged victorious from a UK High Court hearing after a judge ruled executives of Surety Guarantee Consultants Ltd (SGC) and a former Templeton Insurance director had conspired to...
04 June 2008
Weiss sentenced to 30 months
Class action pioneer Mel Weiss has been sentenced to 30 months in prison, after pleading guilty to illegally paying clients to file claims.
04 June 2008
Energy insurer Torus set for 1 July start with First Reserve backing
Energy and property start-up Torus Insurance is set for a 1 July launch with an A- (Excellent) AM Best rating and backing from First Reserve Corporation, The Insurance Insider understands.
03 June 2008
McArthur leaves Capita
Jerry McArthur is stepping down as chairman of Capita Commercial Insurance Services (CCIS), The Insurance Insider can reveal.
03 June 2008
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