November 2008/2

Although investment losses combined with hurricanes led to widespread net losses reported for the third quarter – especially among Bermudians – the majority are still on course to deliver full-year profits...

Arch launches $400mn Dublin hub; FHCF fears mount; Airline premiums up; Rock resigns from Ironshore; Spitzer charges dropped; Carroll to leave Swiss Re

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...

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 number of Lloyd's stocks have seen significant uplift in recent weeks as investors gamble on a 2009 ratings uplift fuelled by the AIG crisis.

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

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.

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...

Resolute Management Ltd, Berkshire Hathaway’s operation for managing its discontinued London market lines, will now be led by Steve Michael, The Insurance Insider can reveal.

FSA green light for Leadenhall; Aon Benfield unit takes shape; Cat futures leap

The alternative investment approach taken by Prem Watsa at the helm of Fairfax has helped the Canadian combine navigate a safe passage through the troubled waters of the financial markets.

Despite a moderate rally in its share price, the Hartford Financial Services Group has endured a miserable few weeks in which it reported a $2.6bn Q3 loss, a cut in earnings forecasts and an earnings call that left...