April 2009/4

Lloyd's insurers will scour the UK Finance Bill 2009 upon publication (expected 30 April) for further details of how the tax deduction for equalisation reserves will be calculated.

German regulator BaFin has approved Augur Capital's EUR20mn acquisition of AIG subsidiary Deutsche Versicherung und Rückversicherungs-AG (Darag).

The delicate structure of Aon Benfield’s London-based specialty casualty division has been determined with a new head, the former Gallagher Re CEO Simon Gander, The Insurance Insider can reveal.

Broking giant Willis Group's French-based affiliate, Gras Savoye & Cie, is reportedly looking at alternative investment solutions over a put option purchased by the former in 1997, which could oblige it to increase its stake in France's largest broker...

Willis Group's first quarter results, due out this week, will be scrutinised carefully by investors for the performance of its US operations, following last year’s $2.1bn acquisition of Hilb, Rogal & Hobbs (HRH).

Brit Insurance has emerged as the favourite candidate to acquire Lloyd's insurer Chaucer Insurance Holdings, after final bids were posted last week.

Investors are poised for a hectic period of first quarter reporting from the global (re)insurance sector that will reveal whether the wide-scale pain inflicted on balance sheets in 2008 has eased in the early part of 2009.

Nick Jones, former head of Heritage's worldwide property division and lead underwriter on the insurer's Lloyd’s Syndicate 1200, is set to resurface in the Lloyd's market as the head of RenaissanceRe's (RenRe) planned new syndicate, according to market sou

India's state-run National Insurance Corporation (NIC) has been unable to reinsure the contingency cover for this year's Indian Premier League (IPL) cricket tournament, currently taking place in South Africa, our sister publication Inside FAC reports.