July 2008/1

Energy start up Torus Insurance Holdings has poached Munich Re's London-based construction team, The Insurance Insider understands.

Broking giant Aon Corp is marketing a dedicated insurance linked securities (ILS) fund, following Amlin and Benfield into the $8-10bn ILS fund management sector, our sister publication Trading Risk revealed.

Novae Group is in talks with the Bermudian run-off firm Catalina Holdings and the Soros-backed Lloyd's reinsurer RITC Syndicate Management about acquiring the firm's legacy liabilities.

The commitment by Willis Group to phase out Hilb Rogal & Hobbs (HRH)'s contingent commissions could mean the expanding broker firing up last year’s announced Managing General Agency (MGA) programme in a bid to shore up earnings from its new acquisition.

Plummet is often an overused term but it fairly describes the share prices of many of the Lloyd's insurers which are continuing to endure a torrid time on the back of the weakening economic outlook...

In the latest insurance linked securities (ILS) structuring innovation, Deutsche Bank is marketing a new trigger mechanism, which aims to streamline ILS issuance and open up the market to smaller sponsors, The Insurance Insider can reveal.

Amid the threat of large losses, the hurricane season is not traditionally seen as a time for non-life M&A activity - especially on Lime Street.

Warren Buffett's Berkshire Hathaway is well known for stepping in to provide capacity for mega catastrophe perils that is either unavailable or too expensive elsewhere.

Heritage Underwriting Agency plc - bought by Argonaut Group International Holdings earlier this year - has been hit by the sudden departure of a group of senior executives led by Nick Jones, who heads up its...

After record first quarter large-risk losses of over $6bn, (re)insurers have been hit with second quarter catastrophe losses of at least $6.25bn, the worst for 20 years, The Insurance Insider has learnt...

As the M&A winds continue to bluster through EC3, Bermudian-headquartered reinsurer Imagine Group Holdings Ltd's syndicates have emerged as the latest target for international (re)insurers interested in acquiring a Lloyd's platform.

Stone Point Capital and the former chief executive of Marsh Americas are poised to launch a new vehicle dedicated to funnelling the enormous insurance spend of the private equity industry.