May 2011/3

The eternal debate between the scientific and the more humanist market worldviews was thrown into relief last week at our flagship InsiderScope conference in New York

Expansive run-off acquirer and manager Catalina Holdings has confirmed its acquisition of Swiss-based run-off reinsurer Glacier Reinsurance AG.

The long-running dispute between Goldman Sachs-backed Enstar and London-based Randall & Quilter (R&Q) finally ended last week.

The American Insurance Association (AIA) says it is critical that reform legislation on the National Flood Insurance Program (NFIP) is passed, given the current flooding along the Mississippi river.

Solvency II (SII) regulations could have a negative impact on the demand for corporate debt, according to a survey conducted by ratings agency Fitch.

Captive insurers should start preparing for the worst-case scenario from the introduction of Solvency II and begin working to mitigate its likely effects, ratings agency AM Best has said.

Florida's insurance bill is facing an 11th hour lobbying attempt to derail it before Governor Rick Scott signs it into law.

US P&C insurers will find out this summer whether their fight to avoid additional regulation for companies deemed to be systemically risky financial institutions has been successful.

The US Treasury has announced the creation of a Federal Advisory Committee on Insurance (FACI) as part of its post-financial crisis regulatory overhaul.

Stalwart cat bond sponsor USAA has launched its latest Residential Re offering, seeking $200mn across three tranches of risk with two per-event and one aggregate.

If tornado losses continue to stack up the ratings on two cat bonds could be affected, Standard & Poor's (S&P) has warned.

The Johnston Re offer from the North Carolina wind pools was slightly upsized when it closed, Trading Risk understands.