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Max Re launches US platform
Bermudian (re)insurer Max Re Capital announced plans to launch a US-based excess and surplus lines platform last week (14 December).
18 December 2006
Six new settlements for Equitas
Lloyd’s run-off vehicle Equitas has announced significant settlements with a further six policyholders totalling of $300mn. Among the signatories to the settlements announced today (30 August) are...
30 August 2005
RMS announces World Cup terror ART
Californian firm Risk Management Solutions (RMS) announced that it has undertaken risk analysis for a bond covering football’s global governing body FIFA for cancellation of its 2006 World Cup in Germany.
13 October 2003
Capital returns but analysts cautious on reinsurance giants
With 2006's bumper returns banked, and clear signs of rates softening, (re)insurers are resurrecting capital management plans in earnest.
09 March 2007
RBS replaces Zurich bound CEO
Zurich Financial Services (ZFS) has appointed the head of Royal Bank of Scotland (RBS) Insurance Annette Court to become the chief executive of its European General Insurance operations.
13 November 2006
MMC finance chief latest to step down
MMC’s finance director Sandra Wijnberg will be the latest high profile departure from the broking giant after confirming this week that she would step down early next year.
23 August 2005
US brokers face first quarter squeeze
US-based brokers Arthur J Gallagher & Co (AJG) and Hilb Rogal & Hobbs (HRH) disappointed analysts with first quarter profits down on expectations last month as the top line suffered from the impact of declining insurance rates.
11 May 2007
Willis rejects supplemental compensation plans
Ever since 14 October 2004 – the date New York attorney general Eliot Spitzer stunned the industry with his complaint against MMC - Willis Corp has attempted to distancing itself from the furore over contingent commissions.
11 May 2007
Willis concludes strong year
Willis Group finished 2003 with a healthy organic growth of 15 percent for the year as it revealed total revenues had grown 20 percent to $2076mn.
09 February 2004
Fireman’s Fund shuffles CEO
Allianz subsidiary Fireman’s Fund Insurance Company has appointed Joseph Beneducci as its CEO, starting 1 January 2007.
04 December 2006
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