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Integro in talks to buy Lloyd’s broker
Bob Clements' fast growing start-up looks to make London breakthrough with its debut acquisition...
12 September 2005
Industry set to pass tough Katrina test
In the aftermath of the terrorist attacks on the World Trade Center, The Insurance Insider’s lead editorial quoted the following exchange from Hemingway’s The Sun Also Rises:
12 September 2005
SCOR receive ratings boost
French reinsurer SCOR group received a welcome boost on 9 September when international rating agency Fitch Ratings upgraded its Insurer Financial Strength (IFS) from ‘BBB’ to ‘BBB+’.
12 September 2005
Booth leaves Aon for Allianz
Clement Booth has joined the management board of Allianz AG where he will be responsible for the UK insurance markets on the board.
12 September 2005
Plumeri calls for hurricane heroes
Joe Plumeri has called on the insurance industry to be heroic in the wake of Hurricane Katrina. The Willis chairman and CEO was speaking at this year's PricewaterhouseCoopers Breakfast Briefing at the Reinsurance Rendezvous in Monte Carlo.
12 September 2005
Reinsurers feel pressure on Katrina loss estimates
AM Best questions European loss figures, S&P places 10 firms on ratings watch. As the world’s (re)insurers continue to assess the impact of Hurricane Katrina, the first revisions of early loss estimates are beginning to show through.
12 September 2005
SCOR in buoyant mood
French reinsurer SCOR continued its return to profitability as it announced an 18 percent rise in net income to EUR72mn in its first half results for 2005 at the beginning of the month.
12 September 2005
Run-off liabilities managed down
The Association of Run-Off Companies (ARC) and KPMG published their latest annual survey into the UK non-life insurance run-off sector earlier this month revealing a fall in total liabilities, driven by Equitas’ continued successes in shedding...
12 September 2005
Aon chairman to sell $146mn in shares
Pat Ryan, the founding chairman of broking giant Aon Corp, last month announced plans to sell five million shares in the company, equivalent to some $146mn, last month.
12 September 2005
Fox returns in time to celebrate key Benfield west coast account win
Rod Fox, the former chief executive of Benfield’s US arm, has returned to the broker to help develop its new Benfield Corporate Risks division.
12 September 2005
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