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Gen Re sues over 'conspiring' defectors
Restraining order issued against Arch and its new fac team
11 June 2007
Benfield’s primary push troubles but Florida brings
Despite a recognition that Florida’s impact will be far less brutal than first feared for reinsurance brokers’ 2007 earnings, analysts Keefe Bruyette & Woods Ltd (KBW) retain a bearish stance...
11 June 2007
Spiller mulls London move
David Spiller, the chief executive of MMC's reinsurance arm Guy Carpenter & Co, is close to relocating back to London, The Insurance Insider understands.
11 June 2007
Converium’s Beale to receive SFr4.2mn on exit
Converium Holdings CEO Inga Beale will receive a lump sum payment of SFr4.2mn when she leaves the company on completion of the takeover by SCOR.
11 June 2007
Energy market continues to soften
Increased capacity and low losses are combining to soften the energy market, according to a report published by Willis Group Holdings.
11 June 2007
Reinsurance contracts at heart of Independent 'fraud'
A series of reinsurance contracts were at the heart of efforts by Independent Insurance senior management to misrepresent the company's financial health, a court has been told.
11 June 2007
Lloyd's heavyweights raise strategy concerns
Expansion questioned as leading figures propose higher entry fees and capacity caps
11 June 2007
DUAL chief executive to leave
DUAL International, the fast-expanding financial and professional lines underwriting agency, is to part company with its chief executive James Gerry following his resignation, The Insurance Insider understands.
11 June 2007
International News Digest
Ironshore builds US presence; Paris Re confirms IPO plans; RIMS calls for mandatory disclosure; Swiss Re to sell UK life operation; Greenlight raises $258mn in IPO; QBE states intent with $2bn US deals...
11 June 2007
Randall Group's net assets quadruple on 2006 expansions
Ken Randall, the founding head of run-off acquisition firm Randall & Quilter Investment Holdings Ltd, described 2006 as a "watershed" year after his firm’s net assets leapt from £13mn in 2005 to £50.8mn.
11 June 2007
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