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Lloyd's syndicate in run-off as suitors wane
Troubled Australian insurance group IAG has confirmed it is placing its Singapore-based Lloyd's Syndicate 4455 into run-off and will also close its London-based Lloyd's managing agent Diagonal.
17 November 2008
Beazley hires Mitsui marine team
Lloyd’s insurer Beazley has hired a team from rival Mitsui Sumitomo to bolster its marine liability offering.
10 November 2009
Names resist Munich Re buyout overtures
The Lloyd's Names on Munich Re-backed Syndicate 318 have resoundingly rejected the reinsurer's offer to buy up 100 percent of capacity for the 2012 year of account.
04 August 2011
RSA to run off Czech motor insurer
RSA has placed a Czech motor insurance subsidiary in run-off, which will add a £10mn restructuring charge to the group's half-year result
25 June 2012
R&Q ramps up with Helix hires
UK run-off acquisition firm Randall & Quilter Investment Holdings plc (R&Q) has strengthened its senior management with the appointment of Helix UK Ltd directors Colin Johnson and Mike Palmer.
02 October 2008
Mapfre shares leap after EU bank deal
The share price of Spanish (re)insurer Mapfre Group closed up 6 percent at EUR1.60 on 29 June following overnight news that Eurozone leaders would amend their aid rules to bolster the continent's creaking banking system
29 June 2012
Solicitors PI rates continue to fall
UK professional indemnity (PI) rates are under pressure and nowhere is this more keenly felt than solicitors’ PI.
08 September 2006
News in brief
Cooper Gay expands in US with Atlanta opening; State Farm appeals Texan fine
03 December 2009
Munich Re to buy back a further EUR2bn shares
Munich Re announced a widely anticipated expansion of its capital management programme, with plans to buy back more than EUR5bn shares by 2010 as it targets average rises in earnings per share of 10 percent through the period.
08 May 2007
EAUA scheme granted leave to convene
The UK High Court yesterday (November 30) granted the English and American Underwriting (EAUA) Pools leave to convene meetings of creditors, The Insurance Insider understands.
03 December 2009
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