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  • Argenta Private Capital Ltd has formally taken over the ongoing business of Anton Private Capital leaving only three remaining Lloyd’s members’ agencies.
  • The House of Lords upheld a Court of Appeal decision last week, ruling that employers are not liable to compensate employees who develop symptomless pleural plaques after exposure to asbestos.
  • Peter Matson, the co-founder of UK liability insurer PRI, has become the third key person to leave Brit Insurance Holdings after its controversial acquisition of PRI earlier this year.
  • UK (re)insurer decided to renew Flagstone quota share rather than go to investors...
  • The US-based Association of Insurance & Reinsurance Run-Off Companies (AIRROC) has been in existence for less than three years but its flagship Commutations event has already become...
  • Ariel Re has promoted Ryan Mather to the new position of chief underwriter for reinsurance.
  • Berkley Insurance Co, a subsidiary of US (re)insurer WR Berkley, is opening an Australian operation to write casualty facultative and treaty reinsurance.
  • Despite flat revenues for the first half of the year, the Arab Insurance Group said it experienced a 34 percent climb in interim net profits to $8.6mn.
  • First quarter profits at Platinum Underwriters have soared by more than 40 percent on the comparable prior-year period.
  • Lloyd’s announced today (6 June) that it is to return to the debt markets with a benchmark issue of between £300-500mn in Tier 1 perpetual subordinated debt.