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Wallace leaves Imagine
Liability veteran, Bob Wallace, has parted company with the Imagine Group, after just a year as chairman of the group’s combined Lloyd’s operation.
11 May 2007
Montpelier plans Lloyd’s launch
Bermudian reinsurer Montpelier Re is close to unveiling details of a Lloyd’s platform as it looks to broaden its geographic reach, The Insurance Insider can reveal.
11 May 2007
Scor agrees Converium takeover
It was protracted, and at times acrimonious, but Scor has finally agreed takeover terms with its Swiss rival Converium after increasing its offer.
10 May 2007
Munich Re grows distribution with Bell & Clements buy
Munich Re has bought UK intermediary Bell & Clements Group as it looks to increase its control over primary insurance business.
09 May 2007
Industry learning to embrace ERM
Last week, Standard & Poor's (S&P) issued a ratings upgrade for Arch Capital's operating subsidiaries, citing Enterprise Risk Management (ERM) as a significant factor in the decision (see story 16).
08 May 2007
Chubb issues indemnity cat bond
Chubb Corp is providing itself with $750mn of US windstorm protection over four years with the launch of the East Lane Re cat bonds.
08 May 2007
AXIS bucks trend with strong top-line growth
AXIS Capital Holdings Ltd (Axis) announced strong results for the first quarter 2007, citing new reinsurance business in the US and Europe as the main driver.
08 May 2007
Rates stable, says Hannover Re
Although the hard market has passed its peak, rates remain broadly stable in non-life reinsurance, according to German reinsurer Hannover Re.
08 May 2007
MMC disappoints analysts despite share buyback
Despite announcing a $500mn share buyback programme, shares in Marsh and Guy Carpenter parent Marsh & McLennan Companies, Inc, (MMC) were down in early trading today on the back of a sluggish set of first quarter results.
08 May 2007
Lloyd's pilots automatic slip checking
Lloyd's is piloting technology that will check insurance slips automatically as it continues to promote contract certainty and process efficiencies.
08 May 2007
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