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SCOR Converium deal held up again by Swiss regulator
Despite winning the support of Converium’s board with an increased bid, SCOR’s attempts to buy its rival have been further frustrated by the Swiss Takeover Board (STB).
29 May 2007
Greenlight stock leaps 21 percent following IPO
Shares in Greenlight Capital Re leapt 21 percent after its debut on the Nasdaq electronic exchange trading exchange last week.
29 May 2007
Amlin continues distribution stake-building
Lloyd's insurer Amlin plc has continued its strategy of acquiring interests in small UK producers with the purchase of a minority stake in TL Dallas Group Ltd.
18 August 2008
CNA returns to the black
US insurer CNA surprised its cassandras with an upbeat fourth quarter which included a 75 percent rise in profits.
14 February 2005
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
Partner Re promotes from within
Bermudian reinsurer Partner Re has appointed Emmanuel Clarke to head up the property and casualty business unit of its global operations.
05 September 2005
Starr buys out AIG executives
CV Starr has taken another step towards separation from AIG as all eligible shares held by AIG executives were tendered to Starr in response to its buyout offer.
16 January 2006
Sampo unit buys Russian insurer
Finnish insurance group Sampo's P&C insurance subsidiary has agreed to purchase Russian insurer SOAO Region, the group announced last week.
09 June 2008
Enstar now in exclusive Unionamerica talks
The legacy sector is eagerly awaiting news on Travelers’ decision over the sale of its UK-based long-tail run-off business, Unionamerica Insurance Company, which attracted a frenzy of potential buying interest over the summer.
07 October 2008
Alexander Forbes sees falling broking revenues
Declining P&C insurance rates, the weak dollar and the impact of Spitzer were all blamed by South African financial services firm Alexander Forbes for a 5 percent decline in revenues in its international risk services unit.
31 May 2005
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