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  • Diana Humphreys, the managing director of the utility mutual Associated Electric & Gas Insurance Services Ltd’s (AEGIS) London arm, has suddenly resigned from the company.
  • Hannover Re will open a non-life branch in Shanghai, after receiving regulatory approval at the beginning of October.
  • Lloyd’s investment vehicle Hampden Underwriting plc (HUP) has closed its subscription offer on the London Stock Exchange’s Alternative Investment Market (AIM) after raising £7.4mn.
  • Peter Matson, the veteran Lloyd's underwriter, has joined SVB Holdings Plc after completing his notice period with former employer Brit. Matson formally joined SVB on the 19 January and will reunite with some of his former PRI Ltd colleagues, including fi
  • Cooper Gay, the London-headquartered broker currently in talks to buy Heath Lambert's wholesale operations, is mulling the possibility of an initial public offering (IPO) as early as this year, according to reports.
  • Benfield Corporate Risk announced the acquisition of a Norwegian marine and energy broker , Parisco AS, on 28 September. The sale will see Parisco AS and its subsidiary Parisco Marine AS, which had net assets of around £200,000 at the end of last year...
  • In what was a relatively uneventful month, world's largest insurer AIG continued to play catch-up with the Securities and Exchange Commission (SEC), delivering its first quarter 2005 results on 27 June.
  • Specialty (re)insurer Argo turned a second quarter profit of $22.8mn but this was not enough to pull its half-year profits into the black
  • Allianz Group’s Allianz Infrastructure Holdings subsidiary has had a £957.5mn cash offer for UK infrastructure group John Laing accepted, it announced on 27 October.
  • Stabilising economic conditions and effective portfolio management are factors warranting a stable outlook for the European credit insurance industry, says ratings agency Moody’s.