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Capita CMGL confirms D&H open year deal
Capita CMGL has confirmed the reinsurance to close (RITC) transfer of the run-off Duncanson & Holt Syndicate 55 to a new Lloyd’s syndicate backed by CarVal Investors LLC, as first revealed in the July issue of The Insurance Insider.
23 July 2007
Ariel Re: Lloyd's is 'perfect fit' following Atrium swoop
Lloyd's was described as a "perfect fit" by Ariel Re chairman and CEO, Don Kramer, after the Bermudian firm agreed its £193.2mn deal for Atrium Underwriting plc.
23 July 2007
Ariel Re buys Lloyd’s insurer
Class of 2005 reinsurer Ariel Re has become the latest Bermudian firm to buy into Lloyd’s with a £193.2mn deal for Atrium Underwriting plc.
20 July 2007
IPC earnings hit by global cat events
Bermudian reinsurer IPCRe has released a $100mn profit warning following recent storm and flood events on opposite sides of the globe in the UK and Australia.
18 July 2007
AIG lead on Brazilian plane crash
Giant US insurer American International Group (AIG) is the lead underwriter on the passenger jet that crashed into a fuel depot and burst into flames while landing in Sao Paulo last night, according to market sources.
18 July 2007
Cory-Wright heads Sidley dispute practice
Law firm Sidley Austin has confirmed the appointment of Dorothy Cory-Wright to head up its new London-based (re)insurance dispute practice.
16 July 2007
Liberty appoints energy manager in London
London-based (re)insurer Liberty International Underwriters (LIU), a division of US insurer Liberty Mutual Group, has recruited London market veteran Ray Miller as vice president for Marine, Energy and Construction.
16 July 2007
Hales & Company buys WFG
New York-based Hales & Company, an investment bank that focuses on the insurance sector, has acquired WFG Capital Advisors for an undisclosed fee.
16 July 2007
Senior ERM appointments at Guy Carpenter
Reinsurance broker Guy Carpenter & Company LLC has announced several senior European appointments, aimed at enhancing the firm’s enterprise risk management and capital markets capabilities.
16 July 2007
RFIB looks to build with Champion
Lloyd’s broker RFIB Group Ltd has snapped up Hugh Champion from Heath Lambert Group to drive its expansion in facilities and binding authority business.
16 July 2007
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