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Swiss Re refocuses on underwriting with senior management reshuffle
With the announcement by Swiss Re last week that Stefan Lippe is to become group deputy CEO and COO, replacing Andreas Beerli, the reinsurance giant appears to be refocusing its attentions on the underwriting side of the business.
14 July 2008
Amlin pays lower tax rate than some UK non-doms
Amlin does not need to redomicile away from the UK because it can pay offshore tax rates while remaining onshore, according to chief executive Charles Phillipps.
09 March 2010
Validus and Transatlantic sign confidentiality agreement and begin talks
Validus, the last standing suitor for Transatlantic, has entered into a confidentiality agreement with the US reinsurer enabling the exchange of non-public information as discussions over its bid for the company get underway.
24 September 2011
Amlin head of P&C walks
Duncan Dale, the head of Amlin London's property and casualty unit, has resigned from the (re)insurer, The Insurance Insider can reveal
13 September 2012
Jury's interpretation key in Independent trial
How the jury interprets the words of Independent Insurance's former CEO Michael Bright and other key witnesses will be key to the outcome of the trial, according to the summing up of Judge Rivlin.
08 October 2007
IGI to open London office following Icelandic acquisition
Nottingham-based insurer IGI is set to open a London market underwriting office following its acquisition by the expansive Icelandic insurance group Vatryggingafelag Islands hf (VIS). VIS – which acquired a majority stake in IGI earlier this month...
16 February 2006
Expect the Unexpected - A Brief Look at Extremes - InsWeb and Quotesmith Revisited
The legend goes like this: a man asked the omniscient J. P. Morgan what was in store for the stock market. “It will fluctuate,” was Morgan's self-evident, but wise, answer. This leads us to the question: what's in store for the insurance market? It
01 February 2001
$345mn Imperial Sugar settlement leaves bitter aftertaste for (re)insurers
Imperial Sugar settled its property insurance claim relating to the fatal explosion at its plant near Savannah, Georgia for a total of $345mn.
05 January 2010
Lloyd’s estimates $600mn US tornado loss
Lloyd's has disclosed a preliminary loss estimate of $600mn for the outbreaks of tornadoes in the US throughout April and May.
22 September 2011
RenaissanceRe under ratings watch
Troubles mount as company receives Wells Notice AM Best has placed Bermudian reinsurer RenaissanceRe and its subsidiaries under review with negative implications for financial strength and debt ratings.
10 October 2005
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