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  • Mark Butterworth, managing director of Ironshore-owned Lloyd's reinsurer Pembroke, has resigned from the company and is working his notice, a spokesperson for Syndicate 4000 confirmed.
  • European non-life insurers are set for record profits in 2005, according to the latest quarterly report from ratings agency Standard & Poor's (S&P), entitled “Industry Report Card: European Insurance”.
  • Bermudian insurer Allied World Assurance Holdings revealed its annual gross written premiums have breached the $1bn barrier in its second year of trading.
  • Alphastar – the firm formerly known as Stirling Cooke Brown (SCB) – has until the end of this week to file overdue financials or face delisting from Nasdaq.
  • Start-up energy specialist insurer Torus Insurance Holdings Ltd has confirmed the appointment of Clive Tobin as the Group's CEO, effective 1 January 2009, as revealed by The Insurance Insider in June.
  • Cavell USA, an affiliate company of UK quoted run-off group Randall & Quilter, and its founder Ken Randall were awarded $1mn and £150,000 in interim damages last week...
  • The switch to one year accounting has presented analysts of publicly quoted companies (Integrated Lloyd's Vehicles, ILVs) at Lloyd's with a problem of measuring the investment performance of those companies. Under the unique three year system of accountin
  • US broker Hub International has sold San Francisco-based Talbot Financial to a group that includes four members of Talbot’s management team. Talbot, which offers a range of financial services to banks and financial institutions, was classified as...
  • UK insurer Royal & Sun Alliance has continued its programme of selling its overseas units by revealing last week that it has agreed to sell its 81.8 percent stake in its Polish life subsidiary, T U na Zycie Royal PBK S.A. (Royal PBK), after purchasing the
  • Chuck Hewitt is leaving Benfield to join rival Guy Carpenter – the second senior executive to make the journey in two months.