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Ex GoshawK chief leads $197mn Quanta buyout
Failed Bermudian (re)insurer Quanta Capital Holdings is to be sold in a $197mn deal to Catalina Holdings (Bermuda), the run-off acquisition company headed by former GoshawK chief executive Chris Fagan.
02 June 2008
RBS stock plummets as suitors dwindle
The Royal Bank of Scotland's (RBS) share price plummeted as Ping An became the latest potential bidder to drop out of the auction for the bank's insurance operation.
02 June 2008
Towergate profits up as Snowball steps down
Towergate Partnership's pre-tax profits increased by 14.9 percent to more than £100mn in 2007 compared to the previous year, while deputy chairman Patrick Snowball has resigned from its board, the company announced.
02 June 2008
Insider on ARC awards panel
The Association of Run-off Companies (ARC) has called upon expertise from across the industry to judge its Awards for Excellence in Legacy Management this year.
30 May 2008
Gallagher recruits Heath wholesale execs
Arthur J Gallagher International (AJGI) has recruited Martin Emkes who has resigned from Heath Lambert after refusing to transfer as part of the broker's wholesale deal with Cooper Gay, The Insurance Insider has learnt.
30 May 2008
Legal Briefings
Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP
30 May 2008
ISG targets live business after Whittington deal
Whittington Group has completed its exit from US run-off market with the sale of Americas Insurance company (AIC) to Independent Services Group (ISG) for an undisclosed sum.
30 May 2008
Scottish Lion sold after Bear collapse
Uncertainty over Bear Stearns' proposed acquisitions of Scottish Lion and its subsidiary Scottish Eagle has been resolved with the run-off insurers' sale to...
30 May 2008
London News Digest
Turner named new FSA chairman; Blight leaves Canopius; Creagh-Coen joins Lancashire; Outsourcing delay hits Marsh; FSA invites feedback on regulatory transparency; Gallagher London new MD; Principle secures retakaful cover
30 May 2008
International News Digest
Guy Carp appoints new Americas chief; Quake to cost Chinese insurers $43mn; Aon receives Saudi approval; EC welcomes subscription market response; Munich Re receives Brazil approval; Swiss Re warns on reserves; Monolines' further losses
30 May 2008
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