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Oil sees member slippage
Oil Insurance Ltd has announced that nine of its shareholder members would be departing from the energy mutual at the end of the year.
20 November 2006
Max Re confirms Becker as Cooney replacement
Bermudian (re)insurer Max Re Capital Ltd confirmed last week that acting chairman and CEO W Marston Becker has been permanently appointed to the position, following the sudden departure of his predecessor Bob Cooney.
20 November 2006
Scottish Re suffers further downgrades
Scottish Re, the under-fire Bermudian life reinsurer, suffered further ratings downgrades from AM Best and Standard & Poor's last week.
20 November 2006
Hannover ups forecast following 3Qs; shares fall
German reinsurer Hannover Re reported a "gratifying" third quarter result in which the group posted net income of EUR123.5mn.
20 November 2006
Ex JLT exec to head RK Harrison
RK Harrison Insurance Brokers Ltd, the independent London market brokers, will appoint the former Jardine Lloyd Thompson Group executive Dominic Collins to replace its retiring executive chairman, Richard Corfield.
20 November 2006
Ex JLT exec to head RK Harrison
RK Harrison Insurance Brokers Ltd, the independent London market brokers, will appoint the former Jardine Lloyd Thompson Group executive Dominic Collins to replace its retiring executive chairman, Richard Corfield.
20 November 2006
Wellington facing scrutiny following syndicate capacity trading
Trading by Wellington Underwriting plc in this year's Lloyd's syndicate auctions is being scrutinised following revelations that the company bought capacity on its own syndicate at a fraction of the price now being offered as part of the Catlin Group take
20 November 2006
ZFS beats consensus despite $500mn asbestos boost
Insurance giant Zurich Financial Services revealed a near trebling of its third quarter profit last week but analysts were surprised by a $500mn UK asbestos reserves boost with the firm blaming an "uptick" in claims trend.
20 November 2006
Swiss Re denies bid rumours
Reinsurance giant Swiss Re was moved to deny reports yesterday evening that it had made a bid for the UK life funds consolidator Resolution plc.
20 November 2006
Bidders line up for MMC subsidiary
Bids are being lined up for Marsh & McLennan's Boston-based Putnam Investments, according to reports in the Wall Street Journal (WSJ).
20 November 2006
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