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R&Q awarded damages in bitter run-off dispute
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...
09 February 2009
'Systemic abuse' absent in Aussie broker review
Australian regulator the Australian Securities and Investments Commission (ASIC) announced last Thursday (30 June) that it had uncovered no evidence of systemic abuses of broker remuneration practices of the kind exposed by the Spitzer probe in the US.
04 July 2005
Converium overhauls board of directors; key shareholder reduces stake
Seven changes are expected to Converium’s board of directors when shareholders meet in April for the company’s Annual General Meeting.
18 January 2006
Integro announces new hires
Broking start-up Integro has announced the appointment of five senior executives to its US operations.
13 June 2005
Pleural plaques ruling goes against insurers
A UK court has ruled that insurers will have to pay compensation to thousands of people with pleural plaques, the scarring on the lung lining that indicates exposure to asbestos.
21 February 2005
R&SA sells Mutual and Federal stake
R&SA has announced the sale of its 37.1 percent shareholding in South Africa’s Mutual & Federal Insurance Company Ltd.
26 January 2004
Carvill promotes Thomas to managing director
Reinsurance broker RK Carvill & Co Ltd has promoted its long-serving executive David Thomas to the role of managing director.
07 March 2005
Converium overhauls board of directors; key shareholder reduces stake
Seven changes are expected to Converium’s board of directors when shareholders meet in April for the company’s Annual General Meeting. In keeping with previous indications chairman Peter Colombo will step down from his position on 11 April.
23 January 2006
HIH directors jailed
Australia’s prosecutors showed their commitment to punishing corporate fraud by imprisoning the senior management behind the failed insurer HIH Insurance Ltd. Ray Williams – the founder of HIH – and his fellow director Rodney Adler were jailed for four
18 April 2005
Berkshire Hathaway embroiled in differences with Tolle
Disagreements between Lloyd's underwriting supremo Rolf Tolle and Berkshire Hathaway led to the latter slashing the size of its Lloyd's subsidiary Marlborough, The Insider can reveal.
01 January 2004
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