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Quanta 4000 to be unveiled this week
Quanta 4000 will be officially unveiled as a Lloyd’s start-up Syndicate this week, Insider Week has learned.
06 December 2004
Mine prepares insurance claim
Pike River Coal, the operator of the New Zealand mine that exploded and killed 29 men, has NZ$100mn of material damage and business interruption insurance cover.
29 November 2010
Humphreys resigns from AEGIS
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.
13 April 2004
Axco upbeat on London Market
Insurance information service provider Axco has offered an upbeat assessment in its inaugural report on the London Market.
07 July 2003
Catlin appoints bankers for potential IPO
London based insurer Catlin Group has appointed JP Morgan, Goldman Sachs and UBS to advise on a 2004 IPO, according to reports last week.
08 December 2003
Willis sidesteps Gras Savoye obligation; frees cash
In a deal with European private equity firm Astorg Partners unveiled last week, Willis neatly avoided the $400mn sword of Damocles that has hung over the company's balance sheet in the form of a financial obligation to consolidate its French broking affiliate Gras Savoye.
24 November 2009
Endurance keeps up growth
Fast growing post-9/11 start-up Endurance last Wednesday (16 February) reported 2004 profits well up on the previous year as it shrugged off the impact of the season's catastrophe losses.
21 February 2005
Investment gains for STA
A benign quarter for catastrophes and strong investment returns has helped propel US insurer St Paul Travelers (STA) to a record second quarter profit of £1.07bn.
01 August 2005
Former Gerling operation pushes UK scheme forward
GLOBAL Reinsurance Co - the former reinsurance arm of Germany's Gerling Group which went into run-off in 2002 - is applying to the UK courts for approval for a scheme of arrangement in the UK.
07 April 2008
Validus in Ariel acquisition talks
Bermudian reinsurer Validus is in advanced takeover talks with privately held class of 2005 reinsurer Ariel, The Insurance Insider revealed last week.
14 February 2011
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