Reinsurance
Appointment at Benfield
Benfield has appointed Peter Hulyer to the board of directors of Benfield Asia. Mr Hulyer will have ...
Appointment at Risk Management Solutions
Risk Management Solutions has appointed Robert Bentley to the newly-created role of chief operating ...
RAA quarterly report reveals strong results
A group of 22 US property-casualty reinsurers wrote $6.7bn of net premiums during the first quarter of 2007, according to a survey by trade association, the Reinsurance Association of America (RAA).
THB and Arag aim for £1m premium after tie up
Broker THB Risk Solutions and legal expenses insurer Arag have announced a strategic alliance that will see Arag’s products distributed to THB’s network of 1,200 retail broker partners.
Charman loses appeal against £48m divorce settlement
John Charman has lost his appeal to overturn the £48m divorce settlement awarded to his ex-wife.
Appointment at Miller Insurance Services
Glyn Hall, who was previously with JLT Re, has joined Miller Insurance Services as director of its r...
Talbot sees first departure
Talbot has seen its first significant departure following the Lloyd's insurer's acquisition by Valid...
Ironshore launches into D&O market
Ironshore is entering the professional liability sector with the launch of IronPro, under the direction of industry veteran Greg Flood as president. IronPro, based in New York, will initially focus on directors & officers liability insurance, with…
Talbot's deputy head underwriter Redhead leaves for Bermudian property cat startup
Talbot has seen its first significant departure following the Lloyd's insurer's acquisition by Validus last week. In an announcement today, The D.E. Shaw group said Darren Redhead will be joining as the chief underwriting officer of D.E. Shaw Re Bermuda,…
Repeat of 1927 flood could cost $160bn
The Great Mississippi Flood of 1927 - the largest flood disaster in US history - would cost up to $160bn in economic damages if it recurred today, according to risk analysts Risk Management Solutions (RMS).
Pick of the Week
Anthony Gould, editor in chief of Post Magazine, provides a run down of the major news this week incl...
Marsh complaint filed
Marsh group's reinsurance broker Guy Carpenter has filed a complaint, alleging breach of contract ag...
Reinsurance giant acquires Lloyd's broker
Reinsurance giant Munich Re has bought Lloyd's broker Bell and Clements, a purchase that hints at gr...
Synergy looks to innovate with long-awaited launch
It took five years to get off the ground and began as a product for high-net-worth personal lines, w...
Talbot mulls acquisitions as it seals $400m deal
Lloyd's insurer Talbot has identified up to three acquisition targets, as the Bermudian reinsurer Va...
Penny Black's insurance week
Penny's computer positively rocked this week on receipt of an emailed response to her enquiry over r...
Board appointment at Benfield Asia
(Re)insurance broker Benfield has appointed Peter Hulyer to the Board of Directors of Benfield Asia. Peter will have specific responsibility for the operations of Benfield Corporate Risk, across the region.
Ironshore wins South Carolina excess and surplus licence
Bermudian start-up property insurer Ironshore has been approved to provide property and catastrophe insurance on an excess and surplus basis for risks located in the State of South Carolina.
Flagstone Re first to graduate with second A- rating
Class of 2005 Bermudian reinsurance start-up, Flagstone Re has announced that it has achieved A- Fitch Rating financial strength ratings.
Talbot sale to Validus completed
Talbot Holdings has announced that agreement has been reached with Validus Holdings, on the terms of the sale of 100% of the share capital of Talbot.
Collins takes Benfield trio for Philadelphia office
US reinsurance broker Collins has opened a new office in Philadelphia, with the hire of three brokers from rival Benfield.
AIR poaches top Benfield ReMetrics scientist
Risk modelling firm AIR Worldwide Corporation (AIR) has announced that Dr. Milan Simic has been appointed managing director its London office.
Synergy targets £50k-£1m target premiums with micro-captive launch
Synergy Insurance Services UK the new insurance venture led by City financier Sir Mark Weinberg, has announced the launch of Synergy MicroCaptive.
Guy Carp sues three London Integro defectors
Marsh group’s reinsurance broker, Guy Carpenter has filed a complaint in New York alleging breach of contract against three London-based former executives at its GCFac facultative reinsurance division.