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Barton still committed to reforms
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.
01 November 2002
PartnerRe and HCC reveal Q1 cat creep
PartnerRe and HCC Insurance Holdings have become the latest international (re)insurers to reveal creep on their Q1 catastrophe loss estimates.
27 July 2011
AJ Gallagher posts strong 5.9% organic growth
Arthur J Gallagher continued its trend of solid organic growth and expansion in the second quarter
01 August 2012
FSA reveals threshold test for Schemes of Arrangement
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
02 March 2009
P&C insurers report limited exposures to WorldCom collapse
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.
01 July 2002
Enstar's completes Goshawk acquisition
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.
20 August 2008
Cameron pledges support as UK riot damage estimates top £200mn
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.
11 August 2011
AIG parts company with another Starr agency
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.
06 March 2006
Aon dragged down by $102mn reserve boost
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...
06 November 2006
Kiln predicts 12.5% average rate rises after hurricanes
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...
17 October 2005
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