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Mitrovic joins Flood at Ironshore liability venture
Ironshore Inc has confirmed the appointment of Mike Mitrovic to head up claims at its new professional liability US-based subsidiary IronPro, a move first revealed in the May issue of The Insurance Insider.
04 June 2007
Insurance team joins Sidley Austin
A team specialising in insurance transactions has joined law firm Sidley Austin’s global Insurance Practice in the New York.
04 June 2007
Positive outlook for AXIS
Rating agency Standard & Poor’s (S&P) raised the outlook Bermudian reinsurer AXIS Capital Holdings to positive from stable last week.
04 June 2007
FSA publishes regulatory fees
The Financial Services Authority (FSA) has published its final fees and Financial Ombudsman Service levies for UK regulated firms for 2007 and 2008.
04 June 2007
Scottish Re bounces back with ratings upgrade
Bermuda-based life reinsurance specialist Scottish Re Group is continuing its resurgence after gaining a financial strength upgrade from Fitch Ratings last week.
04 June 2007
Swiss Re to sell UK life operation
Swiss Re is to sell the UK life operation it acquired as part of its takeover of GE Insurance Solutions (GEIS) in 2006.
04 June 2007
Alea acquisition proceeds despite vote rejection
Shareholders in Alea Group Holdings (Bermuda) Ltd failed to support the increased offer from the US private equity firm Fortress Investment Group (FIN) in a vote on 21 May...
04 June 2007
Munich Re leads innovative $110mn CCRIF programme
Munich Re has led an innovative $110mn reinsurance programme for the World Bank-sponsored Caribbean Catastrophe Risk Insurance Facility (CCRIF), which went on risk for 16 countries in the region on 1 June.
04 June 2007
Swiss Re launches $100mn European earthquake bond
Swiss Re has again returned to the capital markets to trade earthquake exposure with the launch of MedQuake Ltd, a $100mn cat bond covering Turkey, Greece, Israel, Portugal and Cyprus.
04 June 2007
Whittington defectors target US with ISG
Former Whittington duo Richard Whatton and Stephanie Mocatta have joined insurance services company Independent Services Group (ISG) to target distressed insurance entities for acquisition in Bermuda and the US.
04 June 2007
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