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Glencairn parts company with Adam Fox
London market broker Glencairn Ltd has parted company with Adam Fox, the head of its reinsurance operations.
15 May 2006
IIS survey points to brighter business outlook
New market opportunities are creating a more positive business outlook than at any time in the past three years, the most recent International Insurance Society (IIS) survey of insurance executives has revealed.
19 July 2004
UK run-off investor buys Chevanstell Ltd
Randall & Quilter Group Investment Holdings Ltd, the UK based acquirer of run-off businesses, has acquired Chevanstell Ltd, The Insurance Insider can reveal.
17 August 2006
Munich Re launches Indian service company
German reinsurance giant Munich Re has established an Indian service company in anticipation of growing business from the sub-continent.
28 September 2004
Aon gains $800mn from spin-offs
Aon Corp announced that it had completed the sales of its Aon Warranty Group (AWG) and Construction Program Group (CPG) on 30 November.
04 December 2006
Alea awaits higher offer as new bidder emerges
Smaller shareholders in Alea Group Holdings (Bermuda) Ltd may have got their wish with the news that the failed reinsurer has received an approach that might lead to a higher offer than the 93p a share offered by Fortress Investment Group (FIN).
15 May 2007
Lloyd's reduces california earthquake exposure
New Bermudians take up some of the departing capacity as CEA prefers reinsurance over Cat bonds.
01 June 2002
Alea take-out bid under pressure to raise offer price
As SCOR found out recently, there are times when shareholders need an extra incentive before they will support take-out offers – and this is looking increasingly the case with the defunct reinsurer Alea Group Holdings.
14 May 2007
News in brief
Axa Asia Pacific green-lights takeover move; JLT's non-advisory arm renamed Thistle; Tower Group estimates up to $9.1bn hit from US storms.
09 April 2010
Hiscox looks to launch Bermuda sidecar
Lloyd's insurer Hiscox plc revealed on 1 September that it is close to setting up a Bermudian sidecar operation to reinsure its Lloyd's Syndicate 33.
04 September 2006
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