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Insider Publishing launches new title
Insider Publishing Ltd, the publisher of Insider Week and The Insurance Insider, has launched a new publication that focuses on the life insurance, investment and pension industries.
14 March 2005
Markel eyes continental opportunity
Specialist insurer Markel International has set its sights on continental Europe, announcing last week that it will open an office in Spain. Markel International España will be based in Madrid and will focus initially on Professional Indemnity and Dir
14 March 2005
Willis increases property head count
Broker Willis has boosted its property credentials after poaching 15 executives from rivals Aon and Heath Lambert last week.
14 March 2005
Deloitte wins Fortress Re skirmish
Accountancy firm Deloitte & Touche won a small skirmish last week in the battle over its involvement in the collapse of the controversial aviation pool, Fortress Re.
14 March 2005
R&SA continues turnaround of ongoing operations
As UK insurer Royal & Sun Alliance (R&SA) continues the hunt for a solution for its discontinued operations in the US, it revealed last week that it also plans to sell part of its ongoing business with the divestment of its non-standard auto unit.
14 March 2005
Catlin grows with record premium and profit
Bermuda-headquartered London listed insurer Catlin last week (11 March) announced record premium and profit figures for 2004, despite the year’s record hurricane losses. The company booked gross premiums of $1.43bn, a 20 percent increase on 2003’s $1.2
14 March 2005
GoshawK posts better results
But viaticals and bail bonds continue to pose questions... GoshawK has announced a post-tax $3mn loss for 2004 in its full year results – with claims of $40mn from Q3 hurricanes and other catastrophes blamed as the main reason for the losses.
14 March 2005
Amlin 2001 reports record combined ratio
Listed Lloyd’s insurer Amlin rode a year dominated by record industry natural catastrophe losses to register year-on-year improvements in its earnings per share and combined ratio for 2004.
14 March 2005
AIG directors meet to discuss Greenberg retirement
Hank Greenberg may be set to stun the insurance industry by stepping down from his post as chief executive of the world’s largest insurance company American International Group (AIG).
14 March 2005
Spitzer complaint against Aon - March 2005
Spitzer v Aon (Bid-rigging and tying allegations - complaint immediately withdrawn following $190mn settlement)
14 March 2005
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