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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
Insurers ignore Solvency II at their peril, says S&P
European insurance companies ignore the planned Solvency II regulations at their peril, according to a report by rating agency Standard & Poor's (S&P).
04 June 2007
Munich Re leads innovative $110mn CCRIF programme
Munich Re is leading an innovative $110mn reinsurance programme for the World Bank-sponsored Caribbean Catastrophe Risk Insurance Facility (CCRIF), which goes on risk for 16 countries in the region today (1 June).
01 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, but the company said the deal...
01 June 2007
G6 chair joins Lloyd’s
Hiscox’s chief operating officer and G6 chair Sue Langley is leaving the insurer to join Lloyd’s as director of Market Operations and North America.
30 May 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.
30 May 2007
PartnerRe acquires MCR renewal rights
Bermudian headquartered PartnerRe confirmed last week that it has acquired the international reinsurance renewal rights of Mutuelle Centrale de Reassurance (MCR).
29 May 2007
HSBC Insurance Brokers appoints new head
HSBC Insurance Brokers has appointed the former Marsh executive Philip Gregory to replace Mike Dixon as chief executive of the subsidiary.
29 May 2007
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