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  • Barbados headquartered Imagine Group confirmed last week that its president and founding chief executive Brad Huntington had stepped down from the organisation.
  • Berkshire Hathaway Inc has exited its 16.3 percent stake in White Mountains Insurance Group Ltd in a deal that sees the Bermudian insurer pay $751mn in cash and transfer two of its run-off units to the investment giant.
  • The European Union compromised last week on a controversial proposal designed to ban unequal treatment based on gender.
  • Lockton International, the fast-expanding arm of US broker Lockton Inc, has recruited the former JLT Re executive Paul Jack. Jack – who left Jardine Lloyd Thompson Group plc recently – will reacquaint himself with Mike Hammond, the former head of JLT Ris
  • The end of the tax year often spurs directors into share dealing, and this year proved no exception. The most enthusiastic was Independent duo Michael Bright and Phil Condon, who entered the market three times in March buying at £2.32, £1.93 and £1.92 (cu
  • Allstate Corporation saw profits fall by over 75 percent in the first quarter of 2008 after suffering from a large rise in catastrophe losses.
  • English can often be misleading, so we have rustled up a guide to aid understanding to the minefield of Lloyd's business jargon. This month its the opaque business description “pecuniary loss”. Frustrated by being fed misinformation about the risks of
  • Bermudian finite reinsurer Inter-Ocean has become the first corporate casualty of New York attorney general Eliot Spitzer's probe into the use of finite reinsurance with the news that it has ceased writing new business and is now in run-off.
  • Spitzer says Buffett not a target as Greenberg pleads the Fifth. Ousted American International Group (AIG) boss Maurice "Hank" Greenberg was advised to plead the Fifth Amendment as he and Berkshire Hathaway founder Warren Buffett were interviewed by re
  • Argenta’s new marine Lloyd syndicate will be allocated number 1965 when it begins trading next year, Insider Week can reveal.