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Marsh UK unveils new 'business model'; a further 750 jobs at risk
Marsh UK has published details of its new "model" designed to show greater transparency of its revenue structures after it abolished the controversial Placement Service Agreements (PSAs) last year.
19 April 2005
European reinsurers ride stormy 2004
Munich Re profit built on primary turnaround World's largest reinsurer Munich Re made a solid start to its 125th anniversary year with the announcement of EUR1.8bn 2004 profit, marking the mid-point of its own projected range of EUR1.7bn to EUR1.9bn -
19 April 2005
Lloyd's survey: Pricing is key issue
A new survey of Lloyd's underwriters suggests that pricing rather regulation comes top of insurance buyers' list of concerns - and that the big issue in 2005 for the industry a whole will be management of the pricing cycle. The survey, which was commis
19 April 2005
International News Digest - April 2005
In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
19 April 2005
Say it Ain't So, Hank...
As the revelations into AIG’s past practices continue to mount, David Schiff looks at the insurance giant and the Art of Financial Prestidigitation.
19 April 2005
Carlier resigns from RK Carvill
Ron Carlier, the colourful group chief executive of RK Carvill & Co, has unexpectedly left the reinsurance broker, The Insurance Insider can reveal.
19 April 2005
Ex JLT chief joins Benfield
Steve McGill, the former chief executive of Jardine Lloyd Thompson group, has joined Benfield to drive the reinsurance broker's expansion into the primary markets.
19 April 2005
Clements close to Integro launch
With capital raising on track, the challenge for broker start-up is to build traction quickly... The veteran industry financier Bob Clements is close to raising an estimated $200mn-$300mn to form Integro, the start-up broker which plans to provide
19 April 2005
Greenberg's stock transfer unlikely to shield assets
According to reports in the US, ousted American International Group (AIG) chief Maurice "Hank" Greenberg's "gift" of almost all of his $2.3bn stock in the company may not be enough to shield his investment from future lawsuits.
19 April 2005
Aspen looks for aviation boost
Bermuda headquartered reinsurer Aspen has signalled its expansion into the aviation market with the appointment of David Whiter as senior underwriter for aviation insurance with its London operation, Aspen Insurance UK Limited.
18 April 2005
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