April 2009/1

Troubled outsourcing firm Axiom Holdings is believed to be considering job cuts as part of the terms of its proposed acquisition by Charles Taylor Consulting.

Aon launches investment firm; Willis hires new capital markets head; Kepler Re wound up early

German insurer returns to ILS market with novel structure; but sharks circle legacy transactions...

The success of a controversial $45mn claim from Stanford Financial Group (SFG)'s former chief investment officer (CIO) against a number of Lloyd's insurers will boil down to the specific wording of the original directors' and officers' (D&O) policy in whi

Lockton International is outsourcing its London professional indemnity (PI) claims broking department to commercial liability claims specialist Devonshire Claims Services (DCS).

Lloyd's was able to show further progress in shutting down prior-year liabilities in its 2008 annual results, as a flurry of year-end transactions demonstrated the appetite in the market to write reinsurance-to-close (RITC) business.

The muscular yen contributed to average rate rises of 5-10 percent on Japanese property cat treaties at the key 1.4 renewal, according to reinsurance brokers Willis Re and Aon Benfield.

UK regulator the Financial Services Authority (FSA) has granted "Industry Guidance" status to the market guidelines developed by broker trade bodies to deal with the thorny issue of transparency and disclosure around commissions and conflicts of interest

Despite their recent travails, American International Group (AIG) and XL Capital security featured heavily on the Millers-placed International Group of P&I Clubs (IG) excess of loss programme.

Aon veteran Dennis Mahoney is set to retire from the broking giant, The Insurance Insider understands...

The Insurance Insider's Helvetian correspondent looks at the boardroom partnership appointed by Swiss Re to reverse its fortunes...

Ahead of the crucial mid-year renewals, Lloyd's is confident that a capacity crunch will be averted after syndicates inject over £1bn of new capital to support their US writings...