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September 2010/3
  • Lloyd’s to address claims skills shortage with talent programme
    Lloyd's has announced it is to set up a dedicated programme to recruit and train 50 claims professionals over the next five years; a figure amounting to 10 per cent of claims personnel currently employed in the market.
    23 September 2010
  • Shareholders approve Aon/Hewitt merger
    Shareholders at consulting giant Hewitt Associates voted in favour of the merger with insurance intermediary Aon, pushing the deal one step further to completion
    20 September 2010
  • News in brief
    Kiln sets up marine operation in Germany; Litmus sees strong demand...
    20 September 2010
  • People moves
    John Edwards exits Aon Benfield; New chairman for Lexicon; Ramage joins Whittington...
    20 September 2010
  • CTC ties up loose ends on LCL acquisition
    Five years after it purchased life run-off provider LCL, Charles Taylor Consulting (CTC) has finally tied up the loose ends up by issuing £400,000 of stock to the vendors.
    20 September 2010
  • R&Q acquires Guy Carp run-off operations
    UK-quoted legacy acquisition firm Randall & Quilter (R&Q) has bought Guy Carpenter's US/UK run-off businesses Resolution Solutions (RSL).
    20 September 2010
  • Liberty looks to raise $1.4bn with New York agency listing
    Liberty Mutual is looking to raise up to $1.41bn to repay debt by floating its agency business in New York - in what would be the biggest initial public offering (IPO) in the US so far this year.
    20 September 2010
  • Ace on $1.3bn acquisition spree
    Ace reported a $1.1bn acquisition of US crop insurer Rain and Hail Insurance Service and a separate $200mn deal to buy Malaysian business Jerneh Insurance Berhad
    20 September 2010
  • US first-half P&C underwriting losses deepen to $5.1bn
    First-half average net losses on underwriting in the private US property and casualty (P&C) sector deepened to $5.1bn from $2.1bn a year earlier on declining earned premiums, according to ISO and the Property Casualty Insurers Association of America (PCI).
    20 September 2010
  • CV Starr unit in MBO talks
    The senior management of CV Starr's accident and health subsidiary are in negotiations with industry legend Hank Greenberg to buy themselves out of the parent holding company.
    20 September 2010
  • Sciemus launches wind turbine tool
    London-based specialist agency Sciemus claims its new analytical tool for assessing wind turbine risks will enable it to provide more accurate risk premium quotes to potential customers.
    20 September 2010
  • Marsh Bowring CEO holds helm at Gibbs Hartley Cooper
    Five months after Marsh set Gibbs Hartley Cooper (GHC) up as its independent London market wholesale broker the search continues for a CEO, The Insurance Insider has learnt.
    20 September 2010
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