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  • Former Swiss Re executive Shirley Beglinger has called for collaboration in the industry after it was estimated a quarter of insurers are unprepared for Solvency II.
  • Insurers Royal & Sun Alliance Insurance Group (R&SA) and Zurich Financial Services (ZFS) both unveiled strategies for expanding into Eastern Europe this week.
  • Plant owner and its chemical supplier sued for negligence by Texan city
  • Industry legend Maurice “Hank” Greenberg gave his strongest hint yet that he plans to return following his ousting from insurance giant American International Group Inc in March. In an interview with Reuters last week, the 80-year old said...
  • The public authority that runs the Washington DC metro has sued Aon for negligence following a dispute following a train crash in June 2009 that killed nine people and seriously injured a number of others.
  • Gerling at Lloyd’s has been sold by its German parent to Caribbean financial services group Sagicor.
  • Legal tit-for-tat is par for the course in the ongoing break-up between American International Group (AIG) and the company now run by its ex-CEO Hank Greenberg, CV Starr. The last month has proved no exception with action in two separate cases in...
  • HCC Insurance Holdings became the latest insurer to raise capital in the post-storms environment when it announced last week that it had agreed to sell 4,687,500 of common stock shares to Citigroup. The Houston headquartered insurance group also...
  • Cullum Capital Ventures (CCV), part of the Towergate group, has recruited two teams from troubled property services group Erinaceous.
  • Castlewood Holdings Ltd, the Bermuda headquartered run-off acquisition and consultancy firm, has bought Inter-Ocean Holdings Ltd for $57mn.