May 2006/2

The world’s largest reinsurer Swiss Re – the giant reinsurance firm which has made growing interaction with the capital markets a core strategy – is supporting the newly formed alternative investment management firm, Securis Investment Partners LLP...

New funds are tapping hedge funds' demand for (re)insurance linked securities A new EUR1bn fund is set to be launched later this year to tap into the burgeoning demand for (re)insurance linked securities, The Insurance Insider can reveal.

Benfield reports reveal underlying strength of Europeans as Bermudians suffer in 2005 As the reinsurance sector continues to lick its wounds from last year’s hurricane onslaught, it is clear that Europe’s old guard has pulled through with far less...

Redholm Underwriting Agents is set to write $120mn in aviation capacity at Lloyd’s this year and has begun filling the vacancies created by a mass defection to American International Group (AIG).

Michael Wade is raising capital for a new reinsurance venture that, if successful, would see the veteran Lloyd's figure return once again to the London market. Wade is working in conjunction with UBS - the investment bank which is currently...

Global brokers continuing to toil in competitive post-Spitzer landscape MMC chief executive Michael Cherkasky pointed to the green shoots of recovery in his company’s first quarter results, but it was also apparent that the global brokers are still...

ACE reports record income Bermudian reinsurance ACE limited announced record net income of $489mn for the first quarter of 2006 despite an $80mn charge to cover its settlement with regulators. Post-tax the charge wiped $66mn from ACE's net income...

Paul Newson is set to join Lloyd’s managing agency Marketform to write a book of personal accident (PA) business. The Insurance Insider, which last month predicted that there would be further moves around the London PA market, understands that Newson..