10 March 2009
Troubled American International Group (AIG) lost major market share to key rivals in 2008 as it saw its US property and casualty (P&C) business shrink by 15 percent, latest statistics show… Read more
10 March 2009
The enduring appeal of a Lloyd's platform is being demonstrated once again with a number of start-up syndicates expected to be unveiled in the coming weeks. US insurer WR Berkley is closing on the launch of a new syndicate… Read more
10 March 2009
Pamplona Capital Management, the pan-european private equity house and hedge fund, has joined the firms looking at takeover-target Chaucer Holdings, The Insurance Insider can reveal… Read more
10 March 2009
A panel of brokers has advised the Florida Hurricane Catastrophe Fund (FHCF) that there is up to $5bn of reinsurance capacity available in the private market to shore up its defences in the face of a growing funding… Read more
10 March 2009
Aon Benfield's London executives receive bonuses in March and April. If any are to be lured by competitors following the £935mn takeover, it may be now… Read more
10 March 2009
The former CEO of Guy Carpenter and executive director of Benfield's international division, David Spiller, is in the early stages of developing plans that could see the launch of a new reinsurance broker, The Insurance Insider can reveal… Read more
10 March 2009
Had Aon not bought Benfield last year and put it beyond reach in the global ranking stakes, Guy Carpenter's swoop for privately-owned John B. Collins Associates (Collins) would have made it the largest reinsurance broker… Read more
10 March 2009
2008 showed that for global P&C (re)insurers, the performance of the investment markets and the values of the vast quantity of assets they have tied up in them can be more important than what Mother Nature can throw at their combined ratios… Read more
10 March 2009
Gulf of Mexico (GOM) windstorm energy reinsurance has posted an incurred premium-to-claims ratio of over 360 percent over the last five years, and since December 2007 has produced claims in the region of $3.5bn… Read more
10 March 2009
Lloyd's will unveil another sharp fall in the number of run-off years of account with its annual results next month, The Insurance Insider can reveal… Read more