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  • Despite growing calls for Lloyd's to shrink capacity next year, evidence suggests that many syndicates are keen to maintain their own size. Lloyd's insurers have begun the process of entering their 2005 business plans to the Franchise board and many s
  • American International Group Inc (AIG) has been admitted on the Irish Stock Exchange with a par value of $2.50 per share.
  • US insurer Chubb reported fourth quarter 2004 net income of $467.6mn or $2.39 a share last Tuesday (1 February), a significant improvement on the $72.3mn or $0.38 a share it booked in the same period of 2003 as lower asbestos charges and the turnaround of
  • In an unexpected move Price Forbes - a subsidiary of the world's largest intermediary Marsh - has swooped for the independent London market broker Prentis Donegan. A well regarded operation, Prentis Donegan serves a predominantly US client base with a
  • Kaufman Group, parent of US-based wholesale broker Burns & Wilcox, has bought UK-based broker Chesterfield Group.
  • Allstate Insurance Co announced that it would not be writing any new homeowners policies in the state of California from 1 July.
  • French insurance giant AXA’s UK subsidiary has taken formal control of broker SBJ Group after getting the green light from shareholders and UK regulator the Financial Services Authority.
  • Some 5,000 properties in Christchurch, New Zealand will be abandoned under a government plan unveiled today (23 June)
  • US insurance giant Liberty Mutual has completed a deal to rescue parts of Irish insurer Quinn Insurance Company Ltd (QIL), which was put into administration in March 2010.
  • In an important ruling, the UK’s Court of Appeal has overturned last year's decision in the "follow the settlement" case between reinsurers WASA International Insurance Company Ltd (WASA) and AGF Insurance Ltd against...