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  • Simon Clapham, the active underwriter of Brit Syndicate 2987, left Brit Insurance Holdings last week.
  • Lloyd’s insurers have geared up balance sheets to cash in on attractive post-Katrina underwriting conditions, according to research by equity house Numis Securities Ltd.
  • French reinsurer Scor is in talks to buy Aegon's US life reinsurance business Transamerica Re, it has emerged.
  • The alleged poaching dispute between Gen Re and Arch took a new turn last month when the temporary restraining order granted against Arch Capital and four former Gen Re executives in May was lifted and replaced...
  • Bermuda’s youngest (re)insurer Quanta reported an increase in year-on-year net income for the second quarter of 2005 from $1.8mn or $0.03 a share, to $8.5mn or $0.15 a share.
  • Kiln is understood to have ruled out an offer to buy back syndicate capacity from Names but has declined to comment on whether the decision is connected to the generous offer by Catlin to Names on takeover target Wellington’s Syndicate 2020, which effecti
  • Bermudian (re)insurer Everest Re Group faces the prospect of a downgrade from Standard & Poor’s (S&P) after the rating agency revised the outlook on its AA- rating from stable to negative on 13 November.
  • Giant broker Aon has today revealed plans to leave the City for Docklands, with talks ongoing for a new London office at Canary Wharf. The firm said it was in exclusive negotiations with Canary Wharf Group plc, and is seeking around...
  • American International Group (AIG) completed the sell-off of part of its asset management business to Asian investment firm Pacific Century Group - the fourth deal that it has announced in the last month.
  • Royal Courts of Justice Court 22 was packed today (1 December) with representatives of no less than five legal teams to hear the opening arguments of the Aon 77 trial.