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  • Spitzer pursues a 'bottom upwards' strategy with bid-rigging investigations Kathryn Winter, a former Marsh managing director, became the 10th member of the US property & casualty industry to plead guilty to a criminal charge in connection with the New
  • Hannover Re was boosted last week with the news that rating agency Standard & Poor’s (S&P) had affirmed its AA- insurer financial strength and long-term counterparty credit ratings on the German reinsurer, removing them from CreditWatch with...
  • The Competition Commission is holding an inquiry into Hampden Private Capital’s acquisition of the Names' advisory business of CBS Private Capital.
  • One of Converium Holding AG's key business partners when it attempted to fend off SCOR SE's early advances in what became a successful takeover has shaken hands with the French reinsurer over a 10-year agreement.
  • Lloyd’s insurer Kiln plc said pricing across it specialist underwriting portfolio continues to be strong in a trading statement released today (11 December).
  • Lloyd's has sounded a warning over cycle management, with CEO Richard Ward demanding a "clear strategy" from the market to enable it to "maintain discipline and strength in the face of increasing competition".
  • Steven Haasz – a key figure in driving market reform at Lloyd’s – has resigned, just days after the Society was upgraded to A+ by Standard & Poor’s citing “unstoppable momentum behind improving London market business processes”.
  • Proposed Lloyd's start-up Leinster Underwriting Services has missed the 1/4 renewals after failing to raise the £180mn in capital its business plan had outlined in time.
  • As delegates headed for tea on day two of the World Insurance Forum in Bermuda, reinsurance buyers briefly turned their heads to the "old chestnut of Lloyd's". Christian Milton, chief reinsurance buyer for giant insurer AIG, confirmed he still uses the
  • Willis has signed an agreement with the China Development Bank (CDB) that will see it become the bank’s global risk management and insurance consultant. The move is another big step for Willis as it moves into the Chinese insurance market. The firm...