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  • A Serb and two Germans reflect the international flavour of Faraday's senior management, after the departure of the group's former chief executive Nigel Barton last month.
  • PartnerRe and HCC Insurance Holdings have become the latest international (re)insurers to reveal creep on their Q1 catastrophe loss estimates.
  • Arthur J Gallagher continued its trend of solid organic growth and expansion in the second quarter
  • UK regulatory body Financial Services Authority (FSA) has warned that its endorsement of proposed schemes of arrangement is not a "foregone conclusion" and it will continue to push back on "arbitrary formulaic offers" that do not sufficiently protect poli
  • The collapse of the telecommunications firm WorldCom is not as damaging for the P&C Insurance industry as Enron, with most of the industry's exposure to WorldCom's $30bn of outstanding debt in the hands of the life insurers.
  • Run-off specialist Enstar has completed the acquisition of failed (re)insurer Goshawk Insurance Holdings plc after securing ownership or offer acceptances for 89.4 percent of its issued shares.
  • UK Prime Minister David Cameron says his government will ensure the police have funds to meet legitimate claims from riot damage and it has extended the deadline to lodge claims with police authorities from 14 days to 42 days.
  • Giant insurer American International Group (AIG) has formed a new unit, AIG Specialty Excess, in order to handle all in-force, new and renewal business currently handled by CV Starr & Co agency, a subsidiary of CV Starr & Co, Inc.
  • Broking giant Aon Corp came in below analyst estimates last Thursday (2 November) with its third quarter results but five percent growth in its core broking business will be better received by shareholders. The Chicago-headquartered firm reported...
  • Following the impact of 2005’s devastating hurricane season, Lloyd’s insurers are preparing to take advantage of expected rate rises next year, according to announcements made on 12 October. Kiln, which has already pre-empted its 2006 capacity to...