Insight and Intelligence on the London & International Insurance Markets

2 September 2014

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Kaufman revives Lochain Patrick with Oval deal

US-based Kaufman Financial Group (KFG) has completed its second significant London acquisition in two years with a deal to buy marine and energy specialty broker Oval International and rebrand the operations under the Lochain Patrick bannerRead more


Torus MPL team resurfaces at Navigators

The Paris-based management and professional liability (MPL) team that left Enstar subsidiary Torus earlier this year have joined NavigatorsRead more


Halliburton agrees $1.1bn Deepwater Horizon settlement

Macondo well contractor Halliburton has agreed to pay $1.1bn to settle a substantial proportion of plaintiff claims arising from the 2010 Gulf of Mexico spillRead more


Towergate tidies up portfolio with Folgate sale

UK broker consolidator Towergate has slimmed down its portfolio with the sale of run-off insurer Folgate to managing general agent APC Underwriting, the firm announced today (2 September)Read more


Everest looking at Lloyd’s entrance with Sportscover deal

Everest Re and Hamilton Insurance Group are the final two parties involved in the sale process for Lloyd's managing agency Sportscover, The Insurance Insider can revealRead more


Fleming Family moves to exit RFIB stake

Independent Lloyd's broker RFIB has appointed boutique investment bank Fenchurch Advisory to run a strategic process that is likely to result in changes to the intermediary's shareholder base, The Insurance Insider can revealRead more


News analysis

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Bermudian capital return moderates in Q2…

Total capital returned by our Bermuda composite slipped by 11.6 percent to $505mn in the second quarter of 2014 as share buyback activity moderated during the periodRead more

...While excess capital piles up at short-tail carriers

Short-tail specialists eased back on capital repatriation during the second three months of 2014, following relatively aggressive share repurchases in the preceding quarterRead more


Lloyd’s carriers delivered improved H1 returns

Despite a maelstrom of negative commentary on the rating environment, the listed Lloyd’s carriers bested their 2013 performances in the first half of this year as improved investment returns helped to offset widening combined ratiosRead more


Reinsurers divide on soft market strategies

The Insurance Insider's Data Room finds that while all the global reinsurers agree on the competitive pricing conditions, they are adopting different approaches to navigating the soft marketRead more

Low cats lift Bermudian returns in Q2

Operating returns for Bermudian carriers rose during the second quarter of 2014 after another relatively benign period for catastrophe lossesRead more

More coverage

Mergers & Acquisitions

Everest looking at Lloyd’s entrance with Sportscover deal

Everest Re and Hamilton Insurance Group are the final two parties involved in the sale process for Lloyd's managing agency Sportscover, The Insurance Insider can reveal.Read more

Trading RiskAll Articles
The reinsurance convergence market uncovered

California quake fund to renew cat bond

The recent impasse in new catastrophe bond issuance has ended with workers' compensation insurer the California State Compensation Insurance Fund seeking to renew its Golden State Re earthquake bond at $150mn.Read more

Loss fileAll Articles
Major losses and claims tracked

Swiss Re: disaster losses well below average in H1

Insured losses from disasters, including natural catastrophes and man-made events, came to $21bn for the first half of the year and were well below the 10-year average of $27bn, according to Swiss Re.Read more

The latest on litigation and legal developments

Halliburton agrees $1.1bn Deepwater Horizon settlement

Macondo well contractor Halliburton has agreed to pay $1.1bn to settle a substantial proportion of plaintiff claims arising from the 2010 Gulf of Mexico spill.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

S&P predicts insurance headache for independent Scotland

Ahead of the 18 September Scottish independence referendum, rating agency Standard & Poor's (S&P) has warned of the regulatory problems Scotland-based insurers could face if there is a "yes" voteRead more

Solvency IIAll Articles
All the latest news and analysis as D-day approaches

Solvency II to ensure consumers come first: Bernardino

The EU's Solvency II capital regime will ensure insurance executives put consumers first, according to Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority (Eiopa)Read more

In-depth coverage of the run-off sector

Towergate tidies up portfolio with Folgate sale

UK broker consolidator Towergate has slimmed down its portfolio with the sale of run-off insurer Folgate to managing general agent APC Underwriting, the firm announced today (2 September).Read more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

YPF Mendoza physical damage claim rises to $180mn

Willis has estimated that a fire and explosion at an Argentinian tank farm this year has cost the downstream energy industry $180mn in physical damage (PD) alone. Read more

Insider Comment

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Then there were three

Last week, there were only four Bermudian (re)insurance entities that market participants might have assumed were not interested in owning their own Lloyd's business - Everest Re, PartnerRe, Endurance and Platinum HoldingsRead more

Scriven Profile

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David Lockton

Lockton Companies chairman David Lockton is our August 2014 profileRead more

Research & Supplements

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IRLA roundtable 2014

IRLA Roundtable 2014

In May, key players in the legacy market prised themselves from their desks in London, the US and across mainland Europe and headed to the rain-battered promenades of Brighton for the annual IRLA CongressRead more


London Reinsurance Roundtable

London Reinsurance Roundtable 2013/14

The Insurance Insider's London Reinsurance Roundtable generated a broad consensus that Africa's emerging market holds exciting potential for global reinsurersRead more

Legacy 2014

Legacy 2014

The story of the legacy sector is about two households dividedRead more


Bermuda Roundtable 2013 14

Bermuda Roundtable 2013/14

On the face of it, Bermuda's established cadre of (re)insurers might be forgiven for looking back on 2013 as a golden yearRead more

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