May 2008/1

Three CNA subsidiaries are challenging the jury verdict that left them facing a multi-million payout to clean up the Fox River in Wisconsin.

An approach from former European chairman of Marsh, McLennan Co's (MMC) security consulting arm, David Buchler to buy the firm for $1.5bn has been rebuffed.

GC Securities, Guy Carpenter & Co's specialist investment banking arm, is understood to be one of the areas affected by the firm’s widespread cost cutting with the expected closure of its newly formed M&A arm.

A mixed month for sidecars as Swiss Re renews while Dresdner Kleinwort withdraws

The double digit reserve releases reported by a number of Bermudian (re)insurer's in 2007 are unlikely to continue, according to a report by ratings agency AM Best.

The 1/5 renewal for Virgin will be a bellwether on the health of the airline market following signs earlier this year that rates had finally stopped falling.

Lloyd's will pilot its new messaging hub, the Lloyd's Exchange, in the third quarter of this year, The Insurance Insider can reveal.

Principle Insurance Company Ltd is to launch as the first dedicated British takaful provider after receiving authorisation from the FSA.

But impact on softening rates not expected outside affected industry sectors

When IAG bought the Singapore-focussed, Lloyd's platform Alba from Whittington in 2006, The Insurance Insider observed what a tremendous deal it was for the outsourcing firm...

Giant Marsh & McLennan Companies, which was due to report as The Insurance Insider goes to press, has a tough act to follow with its two main broking rivals Aon Corp and Willis Group booking Q1 revenue growth despite...

(Re)insurers will need to dig deep on unprecedented losses fuelled by record commodity prices