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Reserving problems at Centre hold back Zurich
Despite recording healthy half yearlies significantly outpacing analysts’ expectations, Zurich Financial Services (ZFS) continues to be clouded by concerns over its loss-making finite reinsurance arm Centre.
26 August 2003
Bungey leaves Kinnect
Lloyd’s backed electronic data transfer platform Kinnect has today confirmed the departure of its former customer operations director Phillip Bungey. Bungey, who joined the company in its earliest inception as Lloyds.com in 2001 under former CEO Ashok
25 April 2005
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
Amlin walks away from Chaucer
Amlin has walked away from its proposed bid for fellow Lloyd’s vehicle Chaucer.
18 July 2005
Heritage continues to boost profits
Heritage Underwriting Agency Ltd has become the latest specialist Lloyd’s insurer to publish sparkling interim results with profits climbing by as much as 250 percent to £10.5mn for the first half of the year.
24 September 2007
AIG executives sued by shareholders over sub-prime
American International Group (AIG) executives including CEO Martin Sullivan and CFO Steven Bensinger have been named in a suit filed by shareholders over the firm’s handling of its exposure to the sub-prime crisis.
06 December 2007
Guantanamo spat rocks Bermuda government
Bermuda found itself in the middle of a Transatlantic diplomatic row last week after it emerged that its premier, Dr Ewart Brown, had unilaterally accepted the resettlement of four stateless Chinese Uighur Guantanamo Bay detainees...
15 June 2009
Bermuda signs tax agreement, gains OECD 'white list' status
Bermuda's deputy premier, Paula Cox, has succeeded in removing Bermuda from a list of tax havens drawn up in April by the Organisation for Economic Cooperation and Development by signing a Tax Information Exchange Agreement with the Netherlands.
15 June 2009
Not All Plain Sailing
Bevis Marks starts his 2001 marine diary and finds that despite optimism over hardening rates there may still be tough times ahead for the marine market
01 January 2001
Shareholders approve Aon/Hewitt merger
Shareholders at consulting giant Hewitt Associates voted in favour of the merger with insurance intermediary Aon, pushing the deal one step further to completion
20 September 2010
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