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  • Rating agency Moody’s has affirmed its A1 financial strength rating of Wellington’s Lloyd’s Syndicate 2020 following its annual review.
  • Converium Holdings has announced that its chief risk officer, Markus Krall, will leave at the end of June citing personal reasons.
  • US life insurer UnumProvident and a unit of US broker Hilb, Rogal &Hobbs (HRH) will pay $1.3mn to the Commonwealth of Massachusetts to resolve allegations that the insurer paid hundreds of thousands of dollars in undisclosed commissions in fee only...
  • Lloyd's has warned its franchisees to expect the Central Fund levy to double next year from a current 0.5 percent of capacity to 1 percent as the Society looks to bolster its financial strength.
  • London-based (re)insurance corporate finance boutique Atlas Partners has recruited Jonathan Walker as managing director and Ian Nelson as a senior advisor to its UK and international insurance M&A team.
  • Catlin rights issue gets 98.68% take-up; Montpelier Re expands LOC facility; Lockton opens Dubai office
  • The volume of capacity traded in this season increased with each auction, but still failed to match those traded in previous years, and unsatisfied sell orders continue to increase.
  • 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
  • As the Jaffray trial draws to a close Marcus Scriven ponders on the possible outcome So it will all be over within a few more days – the closing speeches delivered, the court room cleared, the Names released, leaving Mr Justice Cresswell, alone, to pr
  • The Financial Services Authority (FSA) has published its final fees and Financial Ombudsman Service levies for UK regulated firms for 2007 and 2008.