November 2008/2

Despite widespread proclamation of a market changing event, the evidence remains mixed...

Royal Bank of Scotland’s insurance assets – which include Direct Line, Churchill, Privilege and the specialty insurer NIG – may now fetch less than £4.5bn, as private equity firm CVC enters into advanced talks with the bank...

A disagreement over the issue of mandatory commission disclosure was behind the October decision by the London Market Insurance Brokers’ Committee (LMBC) to break away from the British Insurance Brokers’ Association...

Volatility in the financial markets has led to significant fluctuations in the valuation of Lloyd’s listed vehicles – and potential suitors in the international property casualty (re)insurance industry.

With losses from Hurricane Ike continuing to eat into third quarter results, at least one area of the market looks set to benefit: Offshore energy rates.

With doom-mongers beginning to measure American International Group’s (AIG) future in terms of weeks as the inadequacy of its September government bail-out package became obvious, a revamped $150bn rescue looks to have bought...

As Lloyd’s mulls its final decision on where to open regional operations in the Middle East, the market has delivered a clear verdict that it prefers Dubai as the location for the London market outpost to be located.

Integro Ltd has reduced its employee headcount by almost a quarter as new chief executive Peter Garvey implements a cost-cutting drive at the independent insurance broker, The Insurance Insider can reveal.

Broker Willis Ltd is seeking investor support for a new industry sidecar, The Insurance Insider can reveal, indicating market sentiment for a hardening property cat market in 2009.

Holt steps down; Brit pulls out of Augsburg Re binder; Jubilee hires new reinsurance director; London Fac moves; Brockbank returns; London 100 speaker calls bottom of crisis

Independent reinsurance broker RK Carvill concluded months of consultation with private equity firm Stone Point Capital with the separation of its underwriting and broking businesses in a corporate restructure...

A month that has seen the industry’s third quarter results has confirmed many market observers’ worst fears about the impact of Hurricanes Ike and Gustav and has prompted one major modelling agency to hint at a re-evaluation...