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SCOR launches London hub
French reinsurer SCOR has announced details and the launch of its London "hub".
27 May 2008
Travelers 'fine tunes' investment outlook
US insurer The Travelers Cos Inc has said that a "fine tuning" of its projected investment income should see operating earnings at the lower end of previous forecasts this year.
27 May 2008
Heritage maintains syndicate forecasts
Lloyd's insurer Heritage Underwriting Agency plc, which was acquired by Bermudian Argo International Group earlier this year, has maintained its previous forecasts on its Lloyd's syndicates.
27 May 2008
Omega defies gloom with upbeat trading message
Shrugging off a number of downbeat trading statements from rival Lloyd's insurers, Omega Insurance Holdings Ltd said last week that it is confident about its 2008 performance following a strong quarter.
27 May 2008
Pension fund sues AIG
A Florida pension fund is suing American International Group (AIG) accusing it of making misleading statements about the company's finances.
27 May 2008
Seaton and Stonewall appeal jurisdiction ruling
The private equity backed run-off insurers Seaton Insurance Co and Stonewall Insurance Co have appealed against a decision earlier this month in a New York court which prevents them from pursuing a claim against a Randall & Quilter (R&Q) affiliate in the
27 May 2008
S&P slashes Scottish Re ratings with four notch downgrade
Ratings agency Standard & Poor's (S&P) has hit beleaguered Bermudian life reinsurer Scottish Re with a four notch downgrade sinking the firm deep into junk territory.
27 May 2008
Heath Lambert wholesale deal hangs in the balance
Negotiations surrounding the sale of Heath Lambert's wholesale division to Cooper Gay were delivered another blow last week after it emerged that a major unit in the transfer will no longer be a part of the proposed deal.
27 May 2008
Flagstone and Glacier set to issue cat bonds
"Class of 2005" reinsurer Flagstone Reinsurance Holdings and Swiss headquartered reinsurer Glacier Re have cat bonds totalling $300mn in the capital market awaiting pricing, The Insurance Insider can reveal.
27 May 2008
Aon Re Germany chief named
Aon Re Global has named Jan-Oliver Thofern as the new head of its German reinsurance arm, Aon Ruck.
27 May 2008
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