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SCOR sets sights high
After finally closing its $2.8bn protracted acquisition of rival Converium Holding AG, French reinsurer SCOR wasted little time in setting out its stall as it aims to push into the top 5 of global reinsurers.
07 September 2007
Trenwick close to MBO
The Lloyd’s insurer Trenwick Managing Agency (TMA) is on the verge of announcing that it has successfully raised funds to buy-out the business from its distressed Bermudian parent, Insider Week can reveal.
16 June 2003
Brit leads $35mn disputed marine claim
Several Lloyd's insurers including Brit, Chaucer and Catlin are being sued by Proton Bank and Blanca Shipmanagement Company over a disputed $35mn marine claim.
28 November 2011
Another HIH exec to plead guilty
Another HIH Insurance executive is set to plead guilty to fraud charges relating to the Australian insurer's collapse five years ago.
10 July 2006
Brit considers legal action over Pri swoops
Lloyd's insurer Brit is considering legal action against rival Abacus Syndicates Management over the recruitment of former PRI Ltd staff, the liability insurer acquired by Brit earlier this year for around £173mn. As first revealed in issue 81 of The I
01 September 2003
Prosecutors to continue Gen Re finite investigations
Prosecutors in the trial of former General Re and American International Group (AIG) executives found guilty in a sham finite reinsurance contract have vowed to continue investigations up the corporate ladder.
03 March 2008
Benfield posts flat profits but sees growth in primary markets
Benfield Group Ltd posted flat trading profits and a slide in revenue last week while outlining a strategy to grow its primary operations in response to the turmoil facing the US insurance industry.
14 March 2005
Lockton Intl outsources London PI claims
Lockton International is to outsource its London professional indemnity claims broking department to commercial liability claims specialist Devonshire Claims Services (DCS), The Insurance Insider can reveal.
30 March 2009
JLT acquires 60 strong aviation team from HLF
Jardine Lloyd Thompson Group plc has agreed to pay £9.4mn to acquire much of the aviation business and personnel from fellow London based broker, Heath Lambert.
01 December 2003
Advent continues to cut back but profits return
Lloyd’s insurer Advent Capital (Holdings) plc revealed a welcome return to profit after the devastations of the 2001 underwriting year.
15 September 2003
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