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  • London market broker Glencairn Ltd has parted company with Adam Fox, the head of its reinsurance operations.
  • Montpelier Re unveiled more impressive results last week – its combined ratio for the first nine months of 2003 is averaging below 50 percent – but revealed that it has seen a slowdown in writing Lloyd’s qualifying quota share reinsurance.
  • Paul Milton, the chairman of Aon Professional Risks (APR), is set to retire from the organisation as Aon restructures the division’s reporting structures.
  • Bermudian reinsurer PartnerRe has announced a number of senior management changes in its global (non-US) operations.
  • Marsh & McLennan Companies (MMC) announced that CFO Matthew Bartley will become the latest senior executive to leave the company.
  • Ratings agency Standard & Poor’s has posted a positive outlook in its latest Lloyd’s Syndicate assessment (LSA), upgrading the ratings of seven Lloyd’s vehicles and downgrading none.
  • Lloyd’s insurer Hiscox plc revealed today (1 September) that it is close to setting up a Bermudian sidecar operation to reinsure its Lloyd’s Syndicate 33.
  • Ron Carlier, the colourful group chief executive of RK Carvill & Co, has unexpectedly left the reinsurance broker, Insider Week can reveal. In a 14 April statement, the broker confirmed that: “Effective immediately Ron Carlier has resigned as Group chi
  • Scandinavia’s general insurers are expected to continue churning out strong results in 2004 said Standard & Poor’s (S&P) as the rating agency published a report on Friday (20 August) maintaining its stable outlook on the sector.
  • Securities lawsuit filings hit a new record in 2010, despite a significant drop-off in the number of new suits related to the credit crisis.