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Aon makes new Willis construction appointment
Aon Corporation has made another significant US construction hire from rival Willis with the appointment of Mary Ann Krautheim as national client strategy officer.
14 January 2008
Ironshore chairman poised to head Northern Rock
Ron Sandler, the chairman of Bermudian insurer Ironshore Ltd and the former chief executive of Lloyd's, is poised to run the stricken UK bank, Northern Rock, if it is nationalised.
14 January 2008
Aon: airline market making losses
The airline market is "likely to have made a loss" last year with claims outweighing premiums, according to the latest data from Aon Aviation.
14 January 2008
BMS parts company with CEO
BMS, the independent London market broker, has confirmed the resignation of its CEO, John Spencer.
14 January 2008
Analyst upbeat on R&Q after Bermuda launch
Stockbroker Equity Development are upbeat about Randall & Quilter Investment Holdings (R&Q)'s prospects following its recent initial public offering and approval to establish a Bermudian reinsurer, R&Q Re (Bermuda) Ltd.
14 January 2008
UK insurance valuations still ahead of transatlantic rivals; M&A set to continue
Despite falls in UK insurance stocks over the last six months, valuations broadly remain ahead of their US and Bermudian property casualty counterparts, according to research by Numis Securities.
14 January 2008
Citizens considers reinsurance as state issues subpoenas
Florida's insurer of last resort, Citizens Property Insurance Corp, is mulling the prospect of buying reinsurance cover to protect itself against this year's hurricane season, Insider Week can reveal.
14 January 2008
Day of reckoning looms for troubled XL
With a falling share price, the Bermudian insurer is under pressure to find a new leader and resolve its SCA dilemma
14 January 2008
Gallagher sues broker start-up
Arthur J Gallagher & Co is suing start-up broker Edgewood Partners Insurance Center, as well as 24 named individuals, in California after the defection of senior staff.
14 January 2008
Redwood cat bond issued; ILS growth set to continue
The California Earthquake Authority's $500mn Redwood X transaction, launched on 31 December 2007, brought to a close a busy season for cat bond issuance - taking total natural catastrophe bond issuance in 2007 to a record $7.105bn.
14 January 2008
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