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Xchanging appoints new insurance head
After just over a year in the role Roger Townsend has been replaced as executive director of insurance sector by Steven Beard at the London market back-office provider Xchanging.
17 July 2006
Flynn joins Towers Perrin
Shaun Flynn, the recently departed managing director of AM Best International, has joined consultancy Towers Perrin as senior vice president of its reinsurance practice.
17 July 2006
AWAC launches IPO at $34 a share
Bermudian (re)insurer Allied World Assurance Company Holdings (AWAC) launched its IPO last Wednesday (12 July) priced at $34 a share.
17 July 2006
Central Fund levy forecast to fall in 2008
Lloyd's Central Fund contributions and subscriptions charges will be held steady for 2007, but the Society believes it will be in a position to cut the Central Fund levy for 2008 - a year ahead of original forecasts.
17 July 2006
Aon ends speculation with Mahoney contract extension: comment
Aon Ltd has become so synonymous with Dennis Mahoney - effectively the chief executive of its London operations since 1984 - that until recently it was difficult to imagine the two apart.
17 July 2006
End of Heath talks hits JLT shares hard
Pick up Heath Lambert Group on the cheap and become the UK's second largest (re)insurance broker?
17 July 2006
Benfield ready to go peer-to-peer with G6
Reinsurance broker Benfield has announced that it is ready to process live risk messages with the G6 group of Lloyd’s insurers after implementing its peer-to-peer standard messaging system.
13 July 2006
JLT shares slide after Heath takeover talks end
Shares in broker Jardine Lloyd Thompson Group plc (JLT) have dropped 12 percent this morning (13 July) after news that its possible takeover of rival Heath Lambert Group had fallen through.
13 July 2006
Aviva agrees AmerUS deal
UK general insurer Aviva’s shares continued to slip today (13 July) after it announced that it has agreed a deal with AmerUS Group Co (AmerUs) to buy the US company for around $2.9bn (£1.6bn) in cash.
13 July 2006
Sequel lands Willis deal
Specialist (re)insurance IT solutions provider Sequel Business Solutions has signed up Willis group Services in a significant deal that will see the world’s third largest broker use its Eclipse Broking solution.
13 July 2006
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