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ARC chairman to launch new UK run-off service provider
Philip Grant, chairman of The Association of Run-Off Companies (ARC), is behind a new run-off service provider in London.
06 December 2007
London News Digest
Gallagher 'not thrilled' with reinsurance results; Newly formed AIG UK appoints board heavyweights; Hardy outlines Bermuda redomiciliation plan; Levene says tax break still on...
06 December 2007
Arch PA team sues Danish Re
Members of a personal accident (PA) team dismissed by Imagine Group's Danish Re after handing in their notice are suing the reinsurer for unfair dismissal.
06 December 2007
Ironshore bid to renew interest in Lloyd's insurers - Numis
Ironshore Inc's approach for Lloyd's insurer Heritage Underwriting Agency will renew the interest of other Bermudian firms looking to buy their way into Lime Street, according to Numis Securities analyst Nick Johnson.
06 December 2007
Buffett to be called in finite trial
US prosecutors have named Berkshire Hathaway chairman Warren Buffett as a witness in the criminal trial of former General Re and American International Group (AIG) executives.
06 December 2007
Hardy outlines Bermuda redomiciliation plan
Hardy Underwriting Group (HUG) plc has confirmed its intentions to become the latest Lloyd’s insurer to redomicile to Bermuda.
05 December 2007
Hurrell to head AIRMIC
John Hurrell has been appointed CEO of the Association of Insurance and Risk Managers (AIRMIC) after a prolonged search following the departure of David Gamble this summer.
04 December 2007
Larger Norton Re II vehicle launched
UK (re)insurer Brit Insurance Holdings plc has invested in Norton Re II, a $118.2mn Bermuda-based sidecar-style vehicle launched to replace the original $107.7mn Norton Re which expires this year.
04 December 2007
Lockton forms new facultative team
(Re)insurance broker Lockton has continued the increasingly popular trend for building Fac reinsurance business after launching a property division dedicated to the sector.
04 December 2007
Reinsurers warned about claims spike for bodily injury
Reinsurers have been warned about the costs arising from claims inflation in severe bodily injury claims.
03 December 2007
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