April 2009/1

Despite broadly outperforming its international peers on both underwriting and investments last year, Lloyd's will face additional challenges in 2009 if it is to maintain its level of profitability.

Defections from Aon Benfield have continued, with confirmation that the former head of Benfield's Brussels office Wim Raeymaekers and his colleagues, Petra Vynckier and Karen Serrus, are joining rival broker Guy Carpenter...

The legacy of the infamous workers' compensation carve-out saga of the late nineties - epitomised by the Unicover pool which collapsed in 1999 - has resurfaced after a New York jury found that broking giant Aon bore no liability for Unicover's collapse.

German hedge fund Augur Capital will pay EUR20mn to acquire the former East German state marine (re)insurer Deutsche Versicherungs-und Rückversicherungs-AG (DARAG), representing a discount of approximately EUR7mn to net asset value, The Insurance Insider

The battle to win the favour of IPC Holdings has descended into tit-for-tat exchanges between the cat specialist's Bermudian neighbours Max Capital and Validus Holdings.

SCOR chairman and CEO Denis Kessler has confirmed the global reinsurer's interest in greater participation in the Lloyd's market, The Insurance Insider can reveal.

Texan lawmakers are weighing up a raft of proposed legislation that could overhaul the state's loss-struck wind pool - triggering an increased reinsurance spend...

Your (re)insurer wriggles out of its underwriting liabilities? Don’t worry; you've always got Plan B - sue the broker...

Buffy, the long-suffering Lloyd's Name, rails against Lime Street's capital rules

The bitter dispute between rival London market brokers BMS Group and CJ Coleman (CJC) has erupted again, The Insurance Insider can reveal, after former managing director of BMS Harris & Dixon Ltd (BMS H&D) John McCormack allegedly breached restrictive cov

UK-listed legacy vehicle Tawa plc saw deepening losses in the bond portfolio of its run-off subsidiary CX Re drag it to a 2008 after-tax loss of $42.4mn.

Run-off (re)insurer Alea Group turned around its 2007 post-tax loss of $78.2mn with a 22.5 percent reduction in its liabilities from $1.5bn to $1.2bn and a profit of $3.9mn.