December 2012/4

Meadowbrook, the US insurer facing a damaging downgrade by AM Best, has entered into a quota share with Swiss Re as it seeks to bolster its capital position.

R&Q buys Guernsey captive; Taking charge; Tower-Canopius create £70mn Lloyd's SPS; AmWINS acquires; RSA spin-off; Rate rises slow;

Superstorm Sandy is set to be Lloyd's third-worst loss ever, trumped only by Hurricane Katrina and the 9/11 attacks.

Marine reinsurers have been notified that the Costa Concordia loss has worsened yet again, just a month after the protection and indemnity market was rocked by an earlier deterioration.  

Timing, we are always told, is everything and this certainly applies to successful leaders identifying the right moment to move on.

The stamp capacity of the Lloyd's market will be a record £24.9bn ($40.5bn) in 2013, an exclusive survey carried out by The Insurance Insider has shown