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  • Art Coleman has left run-off specialists Global Resources Managers (GRM) to set up his own operation, taking a number of colleagues with him, Insider Week understands.
  • German insurer Allianz AG announced a strong Q2 group profit last week after being boosted by a much-improved performance from its troubled banking arm.
  • George P Reeth, president of Willis North America has resigned with immediate effect.
  • Broker Willis has had its licence reinstated to accept new business in Guangzhou, China.
  • Standard & Poor's (S&P) affirmed its affirmed its “BBB” counterparty credit and financial strength ratings on Fairfax Holdings operating insurance companies and its “BB” counterparty credit ratings on Fairfax and Crum & Forster this week.
  • Allmerica double profits : Benign loss history bolsters Allstate in Q2 : PL reserve improvement aids Chubb : Net income up 38% at HCC : Markel profits up despite falling premiums : Investment gains for STA : Strong Q2 for WR Berkley :
  • ACE reigns in on back of softening rates : Arch earnings rise on investments : Aspen Re continues growth : Axis powers ahead : Endurance shows staying power : Everest Re operating earnings plateau : IPC Re optimistic on cat conditions, et al...
  • Aon set to follow MMC in announcing widespread cost-cutting measures to adapt to post-Spitzer world
  • George P Reeth, president of Willis North America has resigned with immediate effect, The Insurance Insider can reveal.
  • Long-time Fairfax bear John Gwynn, analyst with Morgan Keegan, has given Canadian holding company Fairfax Holdings another mauling as he criticised the firm's accounting standards, booked loss experience and continued use of finite reinsurance...