All London articles – Page 46
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Cooper Gay completes Heath Lambert buyout
The acquisition, for an undisclosed consideration, will increase Cooper Gay’s UK revenue by over £8.5m
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Lloyd’s Syndicate 958 ratings affirmed
A (Excellent) for company managed by Omega Underwriting Agents
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Benfield invests $50m in ILS firm
Former RenRe SVP Michael Cash is CEO of new ILS investment management firm, Juniperus Capital Limited
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Brit begins trading on IFEX
Brit is the first major London-market insurer to trade in insurance-linked derivatives on IFEX
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SCOR London hub names Malcolm Newman MD
SCOR intends to apply a similar structure to its other hubs in Zurich, New York, Singapore and Paris
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Senior appointments at Argenta
Argenta Holdings CEO Andrew Annandale has been appointed MD of Argenta Syndicate Management Limited
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Catastrophe premiums down 8% - Catlin
Net premiums grow slightly due to continuing benefits from Wellington acquisition
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Argo complete Heritage buyout
Acquisition is part of Argo's "evolution as a leading international specialty underwriter"
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Analysis
End in sight for US collateral rules
Second Transatlantic Economic Council meeting calls for a level playing field
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Amlin premiums fall 9.3% as rates soften
No material claims notifications are expected from the China earthquake
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Cover Story
Raising the Titanic
If New York’s Insurance Exchange was such a failure in the 1980s, why would regulators want to recreate a similar one today? Ronald Gift Mullins discovers that many people think the time is now right to establish a “Lloyd’s” in NYC.
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Analysis
Plumeri opens doors to new skyscraper
The Willis Building "is a monument to our past, current and future", says Plumeri
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S&P withdraws ratings for Hiscox sidecar
Hiscox announced it would be terminating its relationship with its sidecar last year
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Albertini to head up Amlin ILS venture
New investment management firm is headed up by John Wells and former Swiss Re ILS head Luca Albertini
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Hiscox names Gould COO
Michael Gould joins Hiscox from Aon where he was COO of the corporate division
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Catlin leads coverage for Far East Land Bridge
The Land Bridge is for goods transported by a new rail container service linking Europe with China
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E&Y launches insurance run-off team
Kevin Gill joins from running his own legacy consultancy to head up the new team
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Aspen Q1 income falls to $81.2m
"We wrote less business this quarter because of declines in rates", says O'Kane
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Good times over for global reinsurers - Fitch
Underwriting margins will contract further in 2008 as global reinsurers face heightened competitive pressures
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Amlin appoints accident and health underwriter
Amlin has appointed former ACE product line head Andrew Griffin as accident and health underwriter