December 2009/2

Despite dragging Randall & Quilter (R&Q) to a full-year loss, today's settlement with Berkshire Hathaway's Equitas is a "positive" for the UK company, according to Numis Securities.

The overall reinsurance spend from AIG's global P&C operations - currently rebranding as Chartis - is expected to be higher year on year at the 1/1 renewal, sources have suggested to The Insurance Insider.