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Guy Carp appoints London based Global Operations chief
Guy Carpenter & Co has appointed the former Benfield Group executive Charlie Fry as its global chief operating officer.
29 May 2007
Sullivan praises European regulation
The global insurance industry is facing emerging risks, providing unparalleled opportunities for new product development, yet it needs support from the regulatory system in order to operate in a stable environment...
29 May 2007
UK unprepared for flood risk
Insurers were given a stern warning about the state of the UK’s flood risk at the British Insurance Brokers Association conference in London last week. Professor David Crichton of Benfield’s Hazard Research Centre cautioned the industry that the UK’s Env
29 May 2007
R&SA buys out Codan interest
Royal & Sun Alliance (R&SA) last week bought out the 25 percent investment held by minority shareholders in its Scandinavian subsidiary Codan for £584mn.
29 May 2007
Hedge fund reinsurer recruits Lloyd's underwriter
Bermudian (re)insurer Validus Holdings Ltd has suffered its first major departure after taking over Lloyd's insurer Talbot Underwriting with deputy head underwriter Darren Redhead joining DE Shaw.
29 May 2007
Ironshore opens US casualty platform
Ironshore Inc has made its entry into the professional liability sector with an onshore US platform, a move predicted by The Insurance Insider earlier this month.
29 May 2007
Private equity eyes Towergate
The UK’s largest privately-owned insurance group, Towergate Partnership (Towergate) is once again courting interest from private equity investors.
29 May 2007
SCOR Converium deal held up again by Swiss regulator
Despite winning the support of Converium’s board with an increased bid, SCOR’s attempts to buy its rival have been further frustrated by the Swiss Takeover Board (STB).
29 May 2007
McArthur to head up Capita's commercial services
Jerry McArthur, formerly managing director of run-off consultants Claims Management Group Ltd (CMGL) is to head up Capita's Commercial Insurance Services (CIS) following the giant UK outsourcing firm's £32mn acquisition of CMGL.
29 May 2007
Greenlight stock leaps 21 percent following IPO
Shares in Greenlight Capital Re leapt 21 percent after its debut on the Nasdaq electronic exchange trading exchange last week.
29 May 2007
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