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Marsh set to take fees from insurers
Broking giant Marsh is set to resume taking fees from insurers for some of the services it provides customers.
13 August 2007
HBOS recruits Aon UK COO
UK Bank HBOS plc has appointed the Aon UK chief operating officer Philip Gore-Randall to join the firm as part of a wider restructuring of its management.
13 August 2007
Berkley sets up Australian operation
Berkley Insurance Co, a subsidiary of US (re)insurer WR Berkley, is opening an Australian operation to write casualty facultative and treaty reinsurance.
13 August 2007
Bedford to head up Guy Carpenter’s UK fac broking
Reinsurance broker Guy Carpenter has appointed Rupert Bedford as head of broking for the UK operations of GCFac, the firm's dedicated facultative reinsurance unit
13 August 2007
AIG picks up German firm
Giant US insurer American International Group (AIG) has entered into an agreement to acquire Wurttembergische und Badische Versicherungs-AG (Wuba), its subsidiaries including DARAG Deutsche Versicherungs- und Ruckversicherungs-AG (DARAG) from associates o
13 August 2007
Aon Re confirms Bromley switch
Broker Aon Corp has confirmed that Geoff Bromley, the former chairman of Guy Carpenter’s European and Asian operations, will join Aon Re Global as vice chairman, as first revealed by The Insurance Insider.
13 August 2007
Kiln underwriter joins Peleus Re
Andrew Carrier, the former active underwriter of Kiln’s Lloyd’s Syndicate 557 and the reinsurance division of its Syndicate 510, will join Bermudian firm Peleus Re later this year.
13 August 2007
Validus posts strong second quarter results
Newly-listed Bermudian (re)insurer Validus Holdings’ reported a strong set of inaugural results as a public company last week.
13 August 2007
AXA’s strong performance boosted by Winterthur
French (re)insurance giant AXA reported strong first half results for 2007 on a comparable basis with 2006, boosted further by the successful integration of Winterthur.
13 August 2007
Swiss Re disappoints analysts despite profit rise
Despite increasing second quarter profits by 45 percent to SFr1.2bn over the prior-year, world’s largest reinsurer Swiss Re failed to impress analysts with its figures.
13 August 2007
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