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  • The health insurer has washed its hands of reinsurance, but its exposures to variable annuity death benefits or VADBE's remain a concern
  • Last week's management reshuffle has seen Andrew Marcell - previously Guy Carpenter's head of American operations - unveiled to run the firm's global facultative and speciality business from London.
  • According to a report by ACE European Group Ltd (ACE), outsourcing IT systems increase a company's vulnerability to security breaches, and inevitably cause long-term harm to its business.
  • A strong underwriting performance propelled "Class of 2005" Bermudian reinsurer Flagstone Reinsurance Holdings Limited to net income of $74.8mn for the first half of the year.
  • Despite revelations that Trenwick Managing Agency (TMA) is confident of securing financing to prevent Syndicate 839 sliding into run-off, the rating agency Moody's has downgraded its performance rating on TMA’s $500mn capacity syndicate to C (below averag
  • 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.
  • UK-listed broker Jardine Lloyd Thompson Group plc is suing three of its former energy brokers...
  • The heads of the GCFac team that defected to rival Integro Ltd in April have won a UK Court of Appeal judgment preventing former employer Guy Carpenter from suing them in New York.
  • Shares in American International Group Inc (AIG) fell 7 percent to close at $33.93 Friday after it emerged the company is being investigated by the Securities and Exchange Commission (SEC) over its valuation of contracts linked to sub-prime mortgages.
  • Net income at giant European insurer Axa grew by more than 300 percent from last year's figures to EUR4bn during the first half of 2011, as one-off gains helped boost performance