All material subject to strictly enforced copyright laws. © 2021 Insurance Insider is part of Euromoney Institutional Investor PLC.
Accessibility | Terms & Conditions | Privacy Policy | Modern Slavery Act | Cookies

June 2013/1

  • In Randall & Quilter (R&Q)'s first deal since a recent £25mn capital injection, the firm has agreed to buy La Réassurance Intercontinentale (La RI) from French-based insurer MMA IARD Assurances Mutuelles (MMA) for EUR1.5m
  • The vast run-off markets in German-speaking countries are set to expand further as more European (re)insurers focus on making efficient use of equity capital, according to a new Swiss study
  • An Illinois district court has awarded the insurer Homeowners Choice $744,000 for fee rebates it failed to receive from its broker Aon Benfield
  • Maurice "Hank" Greenberg has asked New York's highest court to throw out the remains of the Eliot Spitzer legacy suit that accuses him of presiding over an accounting fraud when CEO of AIG
  • Bank of America's proposed $8.5bn settlement with buyers of toxic mortgage-backed assets is dividing investors, with some supporting and others - like American International Group (AIG) - going to court to resist the offer
  • The chairman of the European Insurance and Operational Pensions Authority (Eiopa) has called for the insurance industry to part-fund the supranational watchdog
  • American International Group (AIG) may face higher capital requirements and greater supervision from the Federal Reserve after being dubbed a systemically important financial institution (SIFI) by US authorities
  • The London market - together with professional services heavyweight Ernst & Young (E&Y) - is grappling with the unexpected repercussions of being caught in the net by the Foreign Account Tax Compliance Act (FATCA)...
  • Insurance asset managers are continuing to make investment decisions amid improving US economic data that has sent Treasury bond yields to 13-month highs and raised expectations that quantitative easing (QE) will be scaled back this year
  • US insurers have been showing a strong appetite for increasing investment allocations to middle market private debt and commercial mortgage loans as they target illiquid assets in search of increased yields
  • Cat modelling firm Eqecat is in talks on entering a data sharing agreement with AIR Worldwide after completing a similar deal with RMS
  • ILS funds tracked by the Eurekahedge ILS Advisers Index posted an average return of 0.83 percent in April as the sector continued a strong start to the year for returns
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree