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Glacier Re appointments
Swiss start-up reinsurer Glacier Re continued its expansion with the appointment of Oliver Wirtzfeld as senior underwriter and Cinzia Muggiasca Ahr as financial controller as of 1 April 2005.
18 April 2005
EW Payne pools scheme gets approval
The scheme of arrangement on the four EW Payne Pools was finally approved in the UK High Court last month.
04 August 2008
WR Berkley hires AIG FI execs
WR Berkley has hired an American International Group (AIG) financial institutions duo, The Insurance Insider understands.
13 October 2008
Alterra offloads $77mn US binder division to Selective
Alterra Capital Holdings is offloading its US contract binding authority (CBA) division to Selective Insurance Group after determining the business does not fit in with its long-term strategy.
12 July 2011
Class action king pleads guilty
Veteran class action lawyer Bill Lerach, who represented Enron investors and other shareholders suing large corporations, faces up to two years in jail and will be forced to pay $8mn in fines after pleading guilty...
19 September 2007
Asbestos drags Munich Re America to $1bn loss
The spectre of asbestos has returned to haunt reinsurance giant Munich Re as it revealed in its full annual report this morning (20 March) a $600mn strengthening of loss reserves for related claims.
20 March 2007
Australian wildfires prompt review of official advice
Australia has been hit by its worst natural disaster in over a century as bushfires took hold in the southern state of Victoria on 7 February and swept through towns killing 135 people and destroying at least 800 homes.
09 February 2009
Sony expects $131mn insurance recovery
Sony expects its insurance cover to "offset almost all" of its estimated $131mn earthquake losses relating to fixed assets in the fiscal year ending 31 March 2012
02 June 2011
Wellington signs Xchanging as advisor
Lloyd's insurer Wellington has outsourced its procurement of external professional advisors to back-office specialist Xchanging.
01 November 2004
Endurance enters UK construction
Bermudian Endurance Specialty Holdings is building its presence in UK construction insurance with a team headed by former HDI Gerling UK underwriter Simon Challinor.
11 August 2008
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