June 2010/5

UK-quoted Randall & Quilter Investment Holdings (R&Q) has issued an upbeat business prognosis following its recent acquisition trail, with Solvency II holding out opportunities in Europe.

Sometimes the best way of getting the most rounded view of a knotty subject is to cast logic aside and simply observe what the markets think.

Disgraced Texas financier Allen Stanford, who is accused of orchestrating a $7bn Ponzi scheme, will stand trial alone after his co-defendants and former Stanford Financial Group (SFG) executives were granted separate trials.

American International Group (AIG) has revamped its compensation structure in an attempt to hold on to top talent, as it continues efforts to repay its government loan.

Aon Ltd is poised to end a prolonged period of shared leadership in its London-based Financial Services Group by drafting in a Bermuda-based executive to head up the division.

BP is set to escalate its legal action against Swiss drilling contractor Transocean, with a potential $700mn lawsuit currently being prepared in the US, according to reports.

The 120-plus staff that walked from CRC Insurance Services to join Ryan Specialty Group (RSG) can work for the Pat Ryan start-up while the legal battle between the two firms rages.

The international insurance market is awaiting the formal result of a creditors' meeting held last week to assess the future of failed Italian insurance broker Taverna Spa.

The price of Brit Insurance debt fell sharply last week amid increased investor fears at the likelihood of a takeover by private equity house Apollo Capital Management.