Insurer News – Page 610
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Brooks takes top job at Ascot as Reith steps down
Managing agent promotes chief operating officer to chief executive.
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Zurich switches UK division to Irish branch
Shift will have limited impact on tax status and company will not physically move.
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RBSI tipped to float if CVC sale gets go-ahead
Private equity house bidding for 51% stake with Swiss Re ‘would be looking to float’.
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AIG ‘cancels Christmas’
US insurer calls off all seasonal celebrations after luxury event slammed.
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Marsh gathers 200 clients for credit crunch summit
Ratings agencies will be asked to explain what went wrong at broking giant’s City event.
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General insurance sector surviving credit crunch, says Willis report
Broker says insurance market has remained "relatively isolated".
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Chaucer expects $55m hurricane losses
Lloyd's insurer says estimate is "broadly consistent with its year to date budget for catastrophe claims".
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Lloyd's reveals "manageable" Gustav and Ike loss estimates
Richard Ward says exposures are "in line with expectations".
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Endurance forecasts third quarters results
Insurer expects net losses from hurricanes Gustav and Ike to hit $145m.
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Lettings insurance company launched
Peter Knowles, former market director at the CII set up LetSense
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Aviva and Prudential shares plunge amid solvency fears
FSA examines capital requirements for UK insurers
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600 brokers signed up to ARC
The online reconciliation tool introduces self-service method for brokers to sign up
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Plumeri backs call for contract certainty
Willis CEO supports Eric Dinallo's campaign to bring contract certainty to the insurance industry in New York.
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Ex-RSA and Lehman directors join Allianz Retail
Tom Moss succeeds Andy Beddall as director of underwriting; Adrian Mitri appointed director of operations.