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  • UK general insurer Royal & Sun Alliance (R&SA) has appointed Paul Donaldson as managing director of its broker division following the departure of Brendon McManus to Willis.
  • Replacing the well-respected Franchise Performance director will be a tough act, but Lloyd's must begin search
  • Shares in reinsurance broker Benfield Group are continuing to fall following another bearish note from analysts at Numis Securities.
  • UK general insurer Royal & Sun Alliance (R&SA) announced last Thursday (11 May) first quarter pre-tax profits of £122mn, unchanged from the corresponding period of 2005.
  • Bermudian (re)insurer XL Capital has announced the establishment of a new Excess & Surplus (E&S) unit within its XL Insurance division. The new unit will be headed by newly appointed E&S president John M DiBiasi, and will underwrite through Indian...
  • Despite delivering consensus earnings and double-digit growth, Jardine Lloyd Thompson (JLT) saw its share price decline last week to close on Friday (27 February, 2004) at 541p, down from 595.5p at the beginning of the month.
  • Analysts at Numis Securities reacted positively to the AGM trading statement of UK-quoted insurer Hiscox plc, which reported 30 percent premium growth across the group.
  • Disgraced energy company Enron filed lawsuits against St Paul Fire & Marine, Chubb unit Federal Insurance and Great American Insurance over their alleged refusal to pay on a crime loss indemnity policy covering senior staff.
  • Ariel Holdings has returned $660mn to its shareholders in 2010 and the opening months of 2011 after another strong set of full-year results
  • David Watson, the senior vice president and chief underwriter of XL Re’s London branch, has replaced the former chief executive of Axa Corporate Solutions (UK) Ltd Adrian Ballardie on the board of the International Underwriting Association of London.