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Inside News
AIG departure ignites speculation The succession issue at AIG, the uberinsurer dominated by the patriarchal presence of the 75-year-old Hank Greenberg, is taking on Elizabethan proportions.
01 October 2000
Plumeri calls for focus on consistency
Straight talking Willis supremo Joe Plumeri warned the London market that it must change its outlook to achieve consistency of returns, growth and earnings, as he enthralled his Lloyd's library audience in his 10 March Insurance Institute of London lectur
01 April 2004
RMS increases hurricane forecasts
As widely expected, catastrophe modelling firm Risk Management Services (RMS) has increased the activity predicted by its hurricane loss models by 40 percent for Florida and the Gulf Coast. The company has also increased the modelled annualised...
27 March 2006
Scor hit by Eur39mn WTC decision in Allianz fronting dispute
Scor has accepted defeat in its dispute with Allianz over the German insurer's 2007 settlement with World Trade Center (WTC) developer Larry Silverstein.
20 November 2009
Wellington announces 2002 result
Lloyd’s insurer Wellington has announced its results for the 2002 year-of-account, an updated forecast for the 2003 year-of-account as well as an initial forecast for the 2004 year-of-account.
14 February 2005
Argo closes Heritage buyout
Lloyd's insurer Heritage Underwriting Agency plc has applied to the London Alternative Investment Market (AIM) to cancel admission of its shares to the exchange following closure of its acquisition by Bermudian Argo Group International Holdings Ltd.
19 May 2008
CastlePoint joins IPO queue
CastlePoint Holdings Ltd, the Bermuda based (re)insurer formed last year by the US investment bank Friedman Billings Ramsey, plans to list on Nasdaq through an initial public offering (IPO).
15 January 2007
Greenberg hits back at Spitzer
Maurice “Hank” Greenberg, the former American International Group chief executive, has hit back at Eliot Spitzer after the New York attorney general’s latest allegations that Greenberg cheated CV Starr’s charitable foundation in the 1970’s.
19 December 2005
Spitzer agrees $850mn settlement with Marsh
World’s largest broker Marsh has today (31 January 2005) announced an $850mn settlement with Eliot Spitzer to end the New York attorney general’s probe into so-called contingent commissions and bid rigging.
31 January 2005
Ark recruits Travelers A&H execs
The start-up Lloyd's insurer Ark Syndicate Management will add accident & health to its list of classes next year following its swoop for senior class underwriters at St Paul Travelers Syndicate 5000.
24 September 2007
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