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February 2008/2

  • Analysts continue to focus on uncertainty surrounding troubled (re)insurer XL Capital, after the company reported fourth quarter results in line with last month’s sub-prime loss fuelled profits warning.
  • Brian Duperreault's appointment at the helm of Marsh & McLennan Cos (MMC) looks to have bought the ailing company breathing space from growing pressure exerted by activist investors...
  • AJ Gallagher & Co's (AJG) confirmation last month that it was putting loss making reinsurance broker Gallagher Re up for sale has been welcomed by analysts.
  • Broking giant Aon Corp has unveiled a major restructuring with the formation of a new global retail business led by Steve McGill, the current head of the firm's Americas division.
  • Despite reporting healthy earnings, broker Willis Group disappointed analysts with its lack of organic growth for the fourth quarter.
  • Sciemus Ltd is set for a 1 March underwriting start in the power market, after securing capital for the venture, The Insurance Insider can reveal.
  • An annus horribilis in the space insurance market tailed off with a second potential satellite loss in December.
  • The European Commission is backing down from its concerns over co-insurance, or subscription, markets and is likely to sanction the previously under-fire practices of harmonised terms and conditions, The Insurance Insider has learned.
  • Finality expected on some of the market's kitchen sink years
  • Enstar Group Ltd is close to a deal that will see it acquire Royal & SunAlliance's (R&SA) up-for-sale UK legacy units, The Insurance Insider can reveal.
  • Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP
  • The run-off market has welcomed a potential new buyer of discontinued books – JMD Specialist Insurance Services.