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Lloyd’s picks Kellett in Central Fund dispute
Lloyd’s have appointed veteran reinsurance underwriter Bryan Kellett to represent its interests in the forthcoming Central Fund reinsurance arbitration dispute against Swiss Re.
01 June 2003
ZFS appoints new US commercial COO
Zurich Financial Services announced last week that Mike Foley, the head of McKinsey's US P&C insurance practice, will become the chief operating officer for its North American Commercial unit.
14 August 2006
Underwriting is key to profitability
Underwriting has become key to insurers profitability in the current low-yield financial environment, according to Swiss Re’s latest Sigma report. The report found that the non-life insurance industry posted sound underwriting profits in 2004. Over...
10 April 2006
AXIS powers to record Q2 profit
Bermudian powerhouse AXIS Capital reported record second quarter net income of $223.4mn, or $1.37 a share, up 29 percent on the prior-year period on the back of increased investment income on 7 August.
14 August 2006
Pickering announces retirement
Lloyd’s broker Agnew Higgins Pickering has announced the retirement of Chairman Tony Pickering.
15 November 2004
Share bonanza for Benfield employees and directors
Directors and employees of brokers Benfield have sold stocks worth £38mn as part of a placing of over 12 percent of the company's shares.
15 November 2004
AWAC appoints reinsurance buyer
Bermudian (re)insurer Allied World Assurance Company (AWAC) has appointed Susan Morgan as its senior vice president of Ceded Reinsurance.
03 July 2006
Net income doubles at Allianz
German insurance giant Allianz reported third quarter net income of EUR1.6bn, almost double the EUR894mn it recorded in the prior-year period on 10 November.
13 November 2006
AXIS powers to record Q2 profit
Bermudian powerhouse AXIS Capital yesterday (7 August) reported record second quarter net income of $223.4mn, or $1.37 a share, up 29 percent on the prior-year period on the back of increased investment income.
08 August 2006
US Senate passes terrorism Bill
The United States Senate has passed legislation by an 84 to 18 vote that will assist insurers in the event of a catastrophic terrorist attack.
01 June 2002
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