April 2009/1

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

Swiss Re's efforts to rehabilitate itself with investors will include cutting its workforce by 10 percent over the next 12 months and streamlining its global operations under new chief operating officer Agostino Galvagni.

Lloyd's bolts on Berkshire exec; Pembroke expands capacity - confirms Liberty hires; Allianz led $18.5mn North Sea helicopter loss; Former Gen Re exec in FSA ban; Colemont takes Aon duo; Turner attacks EU passporting; Ark builds on strong first year; Case

Welcome to The Insurance Insider's regular section, Courtwatch, dedicated to providing analysis on all UK litigation involving (re)insurers with a particular mandate to focus on the impact of the credit crunch…

Deutsche Rück has scheduled an 18 May creditors' meeting to test the waters for approval of its solvent scheme of arrangement.

Without the fillip of significant reserve releases to boost results in 2009, Lloyd's director of finance, risk management, and operations, Luke Savage, also sounded a warning on investment returns.

Interest in accessing the Lloyd's platform continues unabated with a number of pipeline ventures thought to be in the early process of engaging the Corporation for a late 2009 or early 2010 start.

Copenhagen Re, the Danish reinsurer that was a victim of the industry's 2001 WTC losses, has now drawn up a short-list of bidders for the run-off company, The Insurance Insider can reveal.