July 2009/4

HCC looks set to control 100 percent of the stamp on its Lloyd's Syndicate 4040 after making an offer to pay 15p in the £ for the capacity it does not already own.

A major report on the competitiveness of the UK insurance industry has not called for a reduction in the tax burden, despite acknowledging that firms are relocating offshore.

With little in the way of underlying growth prospects or catastrophe losses to report, reserve releases and a partial reversal of investment losses are likely to dominate Q2 figures as the US and Bermudian earnings season begins in earnest this week.

AIU Holdings will operate as Chartis, after the commercial insurance giant announced a rebranding and took a step closer to independence from its beleaguered parent American International Group (AIG).

The so-called 2005 Spitzer agreements may have only one more year to go, but they have already been significantly overhauled.

Nearly five years after the former New York attorney general Eliot Spitzer sent shockwaves through the US property and casualty (P&C) industry, US regulators are considering easing the restrictions that prevent the global brokers from charging contingent-