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  • Fast expanding Hyperion Insurance Group, owner of London market broker Howden Insurance Brokers, has bought a stake in the reinsurance specialist, JK Buckenham Ltd for an undisclosed sum.
  • UK motor insurer Highway Insurance Holdings Plc saw its share price fall almost 10 percent from 38.75p to 35.25p after revealing that it had withdrawn from takeover talks with rival Cox Insurance Holdings Plc.
  • Lloyd’s syndicates are to be governed by the same rules as UK general insurers according to the latest recommendations published by the Financial Services Authority (FSA).
  • Partner Re has appointed Thomas Renggli, the former head of Swiss Re’s insurance marketing, central Europe, as the head of Global Finite Reinsurance.
  • Quoted Lloyd’s insurer SVB has bolstered its claims management with the appointment of Jonathan Boyns into the newly created role of group claims director.
  • (Re)insurers surge ahead on hard market swell Bermuda’s (re)insurers got off to a positive 2004 first quarter with the majority posting results in line or above expectations.
  • An 83 percent leap in pre-tax profits helped propel Lloyd’s insurer Atrium into a strong showing for the 2003 year of account.
  • Lloyd's and other insurers released from two-event scenario; Swiss Re bound by WilProp; other insurers not bound by one-event wordings; further trial to follow
  • As the controversy over PSAs grows - with subpoenas issued to both brokers and insurers - could the actions of US regulators cost MMC and Aon more than $1.5bn? The revelation that New York attorney-general Eliot Spitzer is investigating brokers' use o
  • Controversial insurer CIC has become embroiled in a fresh scandal relating to an alleged US multimillion dollar employee health care fraud involving participants from both sides of the Atlantic. Last month, Federal Bureau of Investigation officers swoo