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R&Q shrugs off rival to acquire Woolies captive
UK listed run-off group Randall & Quilter (R&Q) trumped rival LCL Group - the legacy subsidiary of Charles Taylor Consulting - to secure the captive insurance company of the failed UK retailer Woolworths Group.
15 June 2009
Aon Hewitt deal unaffected by US consultancy purchase
Broking giant Aon says its $4.9bn bid for global consultancy firm Hewitt Associates will not be affected by Hewitt's announcement that it is buying investment consultancy, Chicago-based EnnisKnupp.
21 July 2010
Fairfax hit by shareholder suit over Odyssey Re buyout
Canadian Insurance combine Fairfax Financial Holdings (FFH) and its directors, including chairman and CEO Prem Watsa have been hit by a shareholder class action suit...
12 October 2009
Equitas staff enjoy salary bonanza
Staff at Lloyd's run-off Equitas Holdings Limited have been rewarded for their success at commuting claims with major policyholders by pay rises which have seen the average salary increase by over £30,000 in the last four years.
07 July 2006
AIG settles investigations for $1.6bn
American insurance giant AIG will today (9 February) announce a settlement of $1.6bn, resolving deception and accounting fraud charges with federal and state authorities.
09 February 2006
3i ups Jelf stake
Venture capital firm 3i Quoted Private Equity Ltd (3iQPEL) has acquired 1.7 million shares in AIM-listed UK broker Jelf Group plc, taking its stake in the firm to 27.9 percent.
10 March 2008
Finite trial: guilty verdicts
A US jury has returned a verdict of guilty on all counts in the trial of Gen Re and American International Group (AIG) executives over a sham $500mn finite reinsurance contract between the two companies.
10 March 2008
Beazley plans sidecar to grow reinsurance business
Beazley Group is looking to launch a Names-backed special purpose syndicate (SPS) to reinsure its treaty account in time for 1 January 2010, which would make it the latest Lloyd’s (re)insurer to utilise the sidecar-style structure.
24 August 2009
Beazley plans sidecar to grow reinsurance business
Beazley Group is looking to launch a Names-backed special purpose syndicate (SPS) to reinsure its treaty account in time for 1 January 2010, which would make it the latest Lloyd's (re)insurer to utilise the sidecar-style structure
24 August 2009
High Court approves Stockholm Re portfolio transfer
In a judgment handed down on 22 March 2004, London's High Court has approved the transfer of Stockholm Re's UK portfolio to Swedish firm Wasa International Insurance.
29 March 2004
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