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Management reshuffle at PartnerRe
Bermudian reinsurer PartnerRe has announced a number of senior management changes in its global (non-US) operations.
09 June 2008
Weiss sentenced to 30 months
Class action pioneer Mel Weiss has been sentenced to 30 months in prison, after pleading guilty to illegally paying clients to file claims.
09 June 2008
Holt returns to Amlin
Amlin Plc's star head of underwriting, Tony Holt has resumed work at the Lloyd's insurer following a temporary leave of absence for medical treatment, the group has announced.
09 June 2008
Willis throws down M&A gauntlet with $2.1bn HRH deal
Willis' proposed $2.1bn acquisition of US retailer Hilb Rogal & Hobbs is the largest insurance broker M&A deal for a decade and, with margins under threat from the weak market conditions, may be seized upon as evidence that the sector is about to...
09 June 2008
Bartley to step down as MMC CFO
Marsh & McLennan Companies (MMC) announced that CFO Matthew Bartley will become the latest senior executive to leave the company.
09 June 2008
Marsh recruits Integro energy exec
Energy broker Guy Bessis is moving to Marsh Ltd less than eight months after joining (re)insurance intermediary Integro, The Insurance Insider understands.
09 June 2008
Mapfre in $2.2bn US auto acquisition
The acquisitive Spanish insurer Mapfre acquired US car insurer Commerce in a $2.2bn+ deal last week.
09 June 2008
QBE bid for Suncorp unlikely
Suncorp CEO John Mulcahy has cast doubt over whether QBE will make a serious play for the company after questioning if a tie-up between the firms would be an "appropriate combination".
09 June 2008
Lehman plans to raise further $6bn after losses
CV Starr has emerged as one of a number of candidates targeted by Lehman Brothers to buy a stake in the credit crunch-hit investment banking giant.
09 June 2008
Corver set to become next ARC chairman
Paul Corver has emerged as the most likely candidate to take over from Philip Grant as chairman of ARC, the UK trade body for legacy management professionals, The Insurance Insider has learnt.
09 June 2008
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