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April 2009/1

  • Aon veteran Dennis Mahoney is set to retire from the broking giant, The Insurance Insider understands...
  • 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.
  • 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
  • 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.
  • Your (re)insurer wriggles out of its underwriting liabilities? Don’t worry; you've always got Plan B - sue the broker...
  • 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...
  • As underwriters continue to shy away from the troubled Gulf of Mexico (GOM) wind-exposed energy insurance sector, it seems that buyers are also beginning to vote with their feet and move...
  • UK insurer RSA has again put its legacy portfolio British Engine up for sale, in a move that - together with the current auction of Copenhagen Re - will be a litmus test of buyers' willingness...
  • Glacier Re, the Swiss-headquartered reinsurer, is still considering bid interest after putting itself up-for-sale earlier this year, The Insurance Insider can reveal.
  • The new sidecar? Proportional reinsurance back in vogue as other capital avenues close...
  • Solvency II compromise could fuel branch growth; EC antitrust stance leaves scope for further lobbying; US capital relief requests; Federal regulation edges closer
  • Bermuda calls in McKinsey; Cash out at Juniperus; Former Gen Re CFO receives 18 months for $500mn fraud; Deutsch leaves Ironshore; FASB eases fair value rules; G20: Rating agencies to be regulated; Heritage opens Dubai office