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Lloyd's insurer parts company with chief executive
Lloyd's insurer Creechurch Underwriting Ltd parted company with its chief executive Bruce Graham last week, replacing him on an interim basis with the group underwriting director David Pye.
05 June 2006
New UK insurer to receive A- rating
Start-up UK insurer Novae Insurance Company Ltd announced last Thursday (1 June) that it has received an A- rating from a "leading rating agency".
05 June 2006
Face up to climate change Lloyd's warns insurers
A report by Lloyd's has warned (re)insurers that they must face up to climate change and manage risks from greenhouse gases and rising sea levels or they will not survive.
05 June 2006
Restatements to cost Max Re $18.3mn; Q1 results avert delisting threat
Bermudian reinsurer Max Re has today filed its first quarter results, a move that should avert its delisting from the Nasdaq trading exchange.
01 June 2006
Allianz restructures; exits marine reinsurance
Insurance giant Allianz unveiled the restructuring of its large corporate risks units this week while also confirming it was exiting marine reinsurance business after last year’s destructive storm losses.
31 May 2006
Kiln forecasts improvement
Lloyd's insurer Kiln predicted improvements for three of its four syndicates when it updated its syndicate forecasts today (31 May).
31 May 2006
Dowd named head of ACE's North American division
Bermudian giant ACE announced last Friday (26 May) it has promoted Brian Dowd to CEO of its North American insurance operating division.
30 May 2006
IMF raises concerns over Irish (re)insurance regulation
The International Monetary Fund (IMF) is to raise its concerns over the lack of (re)insurance in Ireland in a forthcoming report.
30 May 2006
Windsor completes acquisition of Argonaut
UK broker Windsor plc has acquired the remaining minority interests in Argonaut Indemnity to become the sole owner of the company.
30 May 2006
Sompo Japan suspended by regulator
Japanese insurer Sompo Japan Insurance Inc has been ordered to suspend most of its operations at all of its domestic offices for a fortnight as a result of illegal sales practices.
30 May 2006
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