November 2006/3

There are still hurdles to be overcome – not least the threat of awkward policyholders. But the structure of the landmark $7bn deal should see off threats

AIG beats earnings forecasts American International Group (AIG), the world’s largest insurance company by value, unveiled strong third quarter results on the back of a benign 2006 claims environment.

Munich Re, the world’s second largest reinsurer, raised full-year earnings forecasts and announced a EUR1bn share buy-back – its first ever, equivalent to 3.4 percent of its share capital – as it became the latest industry carrier to benefit from benign c

While Bermudian (re)insurers uniformly booked strident third quarter results, as soaring cat rates post-Katrina combined with a virtually loss-free hurricane season...

Chaucer Insurance Holdings plc is in talks to launch a new Lloyd’s syndicate with the former QBE Limit underwriter, Mark Harrington.

If 2006 was the year of the sidecar, there is every sign that these and other non-traditional reinsurance vehicles will continue to emerge next year.