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Bermuda asset manager unchanged by takeover

Bermuda, North America01-07-2010Capital Management News

Schroders has confirmed that its asset management business will continue in Bermuda following its acquisition by J.P. Morgan.

Bermuda to take on Cayman in cat bond dominance

Bermuda, Cayman Islands, North America01-03-2010Alternative Risk Transfer News

With last year’s shares on the Bermuda Stock Exchange (BSX) down 40 percent from the year before, the Island—known primarily for its insurance and reinsurance business—is seeking a way to bounce back.

Collateral provider agrees a major opening deal with ING

Bermuda, North America01-03-2010Insurance News, Reinsurance News

Karson Management (Bermuda) has launched a specialist collateral provider, whose first act was to complete a $825 million transaction for ING Insurance.

Lloyd's to hit $23 billion in 2010

Europe01-03-2010Capital Management News, Insurance News, Reinsurance News

Lloyd’s is set to achieve a profit of up to $23 billion this year—an increase of as much as 27 percent from 2009 if estimates are correct.

Metlife to buy AIG's ALICO

North America01-03-2010Insurance News

MetLife is in talks with American International Group about a $15 billion takeover of its life insurance subsidiary ALICO.

Short-term models overestimate losses

North America01-03-2010Alternative Risk Transfer News

Models that use short-run data to predict insured losses significantly overestimate loss assumptions, according to a report by independent catastrophe risk management firm Karen Clark & Company.

Gallagher International opens operation in Brazil

Brazil, Latin America01-03-2010Reinsurance News

Arthur J. Gallagher International is to open a facultative reinsurance brokering operation in Sao Paulo, Brazil.

Marsh, AON and Willis are allowed contingents

North America01-03-2010Capital Management News

Marsh & McLennan, Aon and Willis Group Holdings have reached an agreement with authorities in New York to amend their 2005 regulatory settlement agreements.

Marsh Commercial to combine broker networks into single proposition

UK30-11--0001Insurance News, Reinsurance News

The business will be led by David Hopwood.

Novae expands crisis management team with TMK hire

London, UK30-11--0001Insurance News

Novae Group, a specialist listed Lloyd’s insurer, has appointed Kieron Russell as a senior class underwriter, crisis management.

Showing 23271 to 23280 of 23309 results

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