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Centrewrite joins Lloyd's RITC capacity
Lloyd's own run-off arm Centrewrite has joined the queue of capacity prepared to offer reinsurance-to-close (RITC) quotes for "open year" syndicates.
09 November 2007
Axa results hit by UK life sale
Global insurer Axa reported a 24 percent year-on-year drop in net income to EUR2.7bn for 2010, due to a one-off EUR1.6bn loss on the sale of its UK life business
17 February 2011
Allianz Ireland downgraded on sovereign rating action
Allianz Plc, the Irish subsidiary of global insurance giant Allianz, has had its financial strength rating downgraded to A- from A by S&P to reflect the corresponding downgrade for Ireland's sovereign debt.
07 February 2011
Shine gets CUO role at XL Insurance North America
XL Insurance has promoted Bob Shine to head the underwriting of its North America property and casualty (P&C) business.
03 December 2010
Ping An plans $22bn capital raising
Chinese insurer Ping An Insurance Co has revealed plans to raise up to $22bn in a public offering in order to fund mergers and acquisitions.
28 January 2008
GA sells down Xchanging stake
Private equity firm General Atlantic is to sell another 15.23 million shares, or 7 percent of the issued share capital, in London market back office service provider Xchanging plc.
05 November 2007
Steve Hearn lands Willis Re CEO role
Steve Hearn, currently the CEO of Willis' Faber & Dumas wholesale operation, is to become global CEO of the global broker's reinsurance brokerage Willis Re, The Insurance Insider has learned.
08 February 2011
Arthur J Gallagher continues spending spree
Insurance brokerage Arthur J Gallagher has announced the acquisition of Lloyd’s broker Connor Hale Kerslake.
05 January 2004
XL Insurance completes purchase of GAPS
XL Insurance, the global insurance operation of XL Capital has completed the purchase of Global Asset Protection Services (GAPS) from Swiss Re.
10 December 2007
Unicover strikes back
CIGNA & Lincoln National take charges after arbitration ruling hits pool members The long awaited outcome of the arbitration between Unicover pool participants and their retrocessionaires ended on the 9 October 2002 with a settlement in favour of the
01 November 2002
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