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US Re on panel to place EUR1.8bn Turkish cat pool cover
Independent reinsurance broker US Re has won a seat on the panel to place the EUR1.8bn reinsurance programme bought by the Turkish Catastrophe Insurance Pool (TCIP).
25 August 2011
Hiscox Childs returns to London
Hiscox Bermuda CEO and chief underwriting officer Robert Childs is to return to London and be replaced by Imagine Group Holdings Ltd's head of underwriting, Robert Forness.
04 August 2008
Arch plumps for London
Bermudian (re)insurer Arch Capital has announced that it will start to underwrite commercial business in the UK this week, after receiving a licence to do so from the Financial Services Authority (FSA).
07 June 2004
ACE completes Zurich move
Bermudian (re)insurer ACE Limited has completed the redomestication of its holding company from the Cayman Islands to Zurich after receiving shareholder approval.
21 July 2008
R&SA impresses as capital position improves
Refocused UK general insurer Royal & Sun Alliance (R&SA) reported half year figures slightly ahead of forecasts on 12 August, and saw its share price rise 5.5 percent as markets and analysts took a more bullish line on the group's capital position and fut
01 August 2004
St Paul appoints new Lloyd’s aviation head as sector rates continue to fall
St Paul Travelers' Lloyd's underwriter Jon Woodrow has been appointed head of its Syndicate 5000’s aviation team.
12 July 2007
Kinnect: future questioned again as CEO and chairman resign
Lloyd’s-backed electronic data transfer platform Kinnect unveiled a double whammy last week in the form of the resignation of Toby Davies and Iain Saville as CEO and executive chairman respectively.
19 September 2005
MBIA sues insurers for D&O settlement costs
Monoline bond insurer MBIA Inc is suing two insurers over a $75mn settlement it made with US regulators last year.
12 May 2008
MBIA D&O insurers must pay probe costs
A federal appeals court has ruled that MBIA Inc should be awarded $30mn under the terms of its directors' and officers' cover for costs accrued during federal and state regulator investigations
07 July 2011
XL strives for AA rating
Bermuda-based (re)insurer XL Capital focussed on its forward strategy of improving credit ratings, leveraging its global position, and expanding product lines at its annual investor meeting held in New York last week.
01 June 2004
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