March 2007/2

Catlin Group Ltd saw a healthy 6.35 percent rise in its share price, despite reporting lower than expected 2006 pre-tax profits of $275.4mn as it released its last figures before consolidating the performance...

Capita swoops for CMGL; Tawa UK in $285mn acquisition; S&P to launch run-off ratings; European run-off liabilities exceed EUR200bn...

A recent ruling by a UK Court may have wide-reaching implications for future transfers of business under Part VII of the Financial Services and Markets Act 2000 that involve a significant proportion of US and other overseas liabilities.

Our monthly column keeping check on US and EU legal and regulatory developments

Florida reins in cat fund expansion; GE loses asbestos claim; Scottish Re ‘disappointed’ with $233.8mn loss; US plans long-term TRIA extension; Greenberg appointed ACE chairman...

Insurers refuel Boeing dispute ; Lloyd’s insurers build international liability platforms; Aon exec seconded to Lloyd’s; Amlin opens up electronic trading options; IBM steps into London market

German reinsurer Hannover Re completed two more innovative securitisations that laid-off its recoverables and property catastrophe exposures to the capital markets.

After a good 2006, Talbot raises the ‘for sale’ sign. Its timing could be perfect…

The reporting season may have crossed the Atlantic from Hamilton to London but the pattern has remained the same as few catastrophes and low claims fuel record profits.

Hub International became the latest sizable broker to be acquired by private equity investors when the Chicago-headquartered firm agreed to a $1.7bn deal ($1.8bn including debt) with Apax Partners and Morgan Stanley.

Aon has confirmed the arrival of Steve Redgwell as head of broking for its Commercial Insurance division.

The renewed interest of insurers in obtaining UK brokers has pushed up the deal values in broker mergers and acquisitions (M&A), according to Deloitte.