February 2007/3

Although Benfield's share price has shown a moderate recovery in recent days, its 13 percent slump as news broke of Florida's legislative intervention brought into sharp relief the negative earnings impact...

Heath Lambert, the independent UK broker that came close to tying the knot with rival Jardine Lloyd Thompson Group plc last year, looks set to unveil a 2006 turnover of around £121mn...

David Foreman, the former underwriting chief at Wellington Underwriting, is close to confirming the launch of a new Lloyd’s based (re)insurer supported by private equity finance, The Insurance Insider understands.

Although Aon Corp's audacious swoop for rival Benfield's facultative team continues to generate acrimony between the two firms, the UK-headquartered reinsurance broker has begun the process of recruiting new talent.

Besso Holdings Ltd has become the latest London market broker to consider entertaining takeover offers, The Insurance Insider can reveal.

UK insurer prepared to retain minority stake

Florida might seem an unusual place to embrace socialism, but the state's effective nationalisation of its hurricane cat programme last month has continued to reverberate...

FSA follows Bermuda in raising fees; Lancashire reassures after Florida actions; Three-year electronic target for London market; Novae sees reduced deterioration on legacy exposures...

US property catastrophe - a changing climate; State Farm legal developments; Florida action on reinsurance collateral requirements; National catastrophe programme considered

German reinsurer R+V Versicherung was awarded over £14mn in its long-running dispute with the former Lloyd’s-based managing agency Risk.

Aon Corp unveiled a significant restructuring of its senior international management last month which saw Steve McGill, the former JLT Group chief executive, become the head of a newly created Aon Global division.

The internal probe launched by PWS Holdings over an alleged $1.6mn Costa Rican reinsurance fraud did not start until six months after the country’s authorities had begun investigating the case.