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Upbeat Canopius removes 'for sale' sign
Canopius Group Ltd founding chairman Michael Watson said the group is no longer searching for potential buyers, following the publication of its "record results" for 2007 last week.
27 May 2008
Swiss Re receives Brazil licence
Swiss Re has received a licence to become an admitted reinsurer for the newly de-regulated Brazilian market from the country's regulator.
27 May 2008
Lloyd's members vote for reform proposals
Members of Lloyd's voted overwhelmingly in favour of the proposed amendments to the Act governing the market.
27 May 2008
Lessons from credit crunch could end FSA's 'light touch'
The UK's Financial Services Authority (FSA) may call time on its "light touch" after reviewing its position following fall-out from the credit market turmoil.
27 May 2008
SEC scrutinises second deal in Greenberg investigation
The investigation of American International Group's (AIG) former chairman and CEO Hank Greenberg over his alleged role in the controversial finite reinsurance transaction that was used to boost the firm's earnings also includes a second deal, according to
27 May 2008
AIG downgraded despite $20bn capital raise
Moody's downgraded the debt ratings of American International Group (AIG) last week despite the insurance giant completing a $20bn capital raising exercise.
27 May 2008
2008 will be an active storm season, say climate soothsayers
On the eve of the official start to the 2008 North Atlantic hurricane season, the US National Oceanic and Atmospheric Administration has echoed other experts in predicting a heavy year.
27 May 2008
Catlin UK chief replaced
Andreas Loucaides has resigned from Catlin Insurance Company UK Ltd after four years as its CEO.
27 May 2008
JLT in talks to buy London broker
Jardine Lloyd Thompson (JLT) looks set to continue its strategy of bolt on acquisitions after it emerged that the firm is in advanced talks to buy the London market (re)insurance broker Harman Wicks & Swayne (HWS).
27 May 2008
Texas to buy $1.5bn cover as hurricane season looms
The Texas Windstorm Insurance Association (TWIA) is set to buy $1.5bn in reinsurance cover with this year's North Atlantic hurricane season only days from its official start.
27 May 2008
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