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AIG 1Qs show underlying strength
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.
21 July 2005
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
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
Island Heritage appoints Garth MacDonald as CEO
Island Heritage Holdings Ltd, the Cayman Islands-based insurer that is controlled by Flagstone Re has appointed Garth Macdonald as CEO.
07 January 2008
Gallagher acquires Singapore brokerage
Arthur J Gallagher & Co has acquired Singapore-based broking house ITI Solutions for an undisclosed consideration
24 May 2011
Hardy defies Japan to press ahead with buyback
Hardy Underwriting has pressed on with its share buyback programme after the Japanese earthquake and tsunami that struck last week
15 March 2011
S&P: Hurdles remain before Lloyd’s upgrade
Standard & Poor’s (S&P) was the first rating agency to respond to news of the proposed reinsurance deal between Equitas and Berkshire Hathaway by signaling the possibility of an upgrade in Lloyd’s financial strength rating.
23 October 2006
Aon: softening ‘more gentle’ than usual
Although reinsurance rates have continued to soften, the evidence at mid-year renewals is that the downward trend is not uniform, according to world’s second largest broker Aon.
18 July 2005
Kinnect bags new sign-ups
Lloyd’s-backed electronic data transfer system Kinnect announced today that Hiscox and Liberty Syndicates have pledged their support for the project and “will sign contracts shortly”.
10 January 2004
Willis: 'police not investigating us'
Willis has confirmed that it is not being investigated by the City of London Police over allegations of wrongdoing relating to Indonesian energy business.
22 February 2008
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