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  • Bruce Carnegie-Brown has resigned suddenly as president and CEO of the Europe and Middle East region of Marsh Inc after just three years at the firm.
  • Jeremy Pinchin, the head of Reinsurance and Claims at the Society and a senior member of the Franchise Performance directorate, has resigned from Lloyd’s.
  • After several weeks of indifferent news, troubled Swiss reinsurer Converium received welcome boosts from ratings agencies Standard & Poor's and Fitch, who both upgraded the reinsurer a notch on the strength of its successful $420mn right issue.
  • At the time of writing, it's over six months since the Atlantis flew its final mission, bringing an end to Nasa's iconic 30-year Space Shuttle programme. With only two major, albeit tragic, failures of the vehicles in some 135 missions, the programme has helped
  • 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.
  • Judges in the UK High Court last week upheld the £48mn divorce award to the ex-wife of John Charman, the former Lloyd's deputy chairman and founding president of AXIS Capital.
  • Sportscover has ended its turnkey relationship with Argenta Syndicate Management after receiving approval from Lloyd's and the FSA to launch a new managing agency for its Syndicate 3334.
  • German giant Allianz has upped its 2006 earnings forecasts following a set of strident second quarter figures that include a 64 percent rise in net profit to EUR2.3bn against analysts’ consensus of EUR2bn.
  • Giant insurer American International Group (AIG) has upped the ante in its increasingly acrimonious dispute with former chief executive Maurice "Hank" Greenberg, by taking legal action in an effort to seize $20bn of its own shares from his control...
  • One challenge facing the senior partners of Clyde & Co and Barlow Lyde & Gilbert (BLG) is to plug the loss of key partners from BLG before the merger completes at the end of this month.