November 2009/2

Malawi and Caribbean countries may be the next to access the World Bank's new ILS template for developing nations, after the $290mn MultiCat Mexico 2009 transaction closed.

Industry loss warranty (ILW) volumes in Q4 have been boosted by livecat trading during October's Typhoon Melor and the purchase of Europe-exposed and US quake peril contracts.

In a landmark decision, a UK High Court Judge has ruled that Berkshire Hathaway’s run-off vehicle Equitas may recover reinsurance losses based on modeled calculations of the notorious LMX spiral from Randall & Quilter (R&Q)-owned reinsurer Brandywine.

French reinsurance group Scor is understood to be contemplating a new cat bond in the Atlas series, while leading ILS manager Goldman Sachs is working on three ILS...

O’Neill set to join Marketform; R&Q named ARC company of the year; UK non-life run-off liabilities up 30%...

Bermudian (re)insurer Mariner's proposed solvent scheme was sanctioned by the Bermudian Supreme Court, the first approval since the Scottish Lion decision.

The auction for German state-owned run-off group BF Rückversicherung has moved forward with the joint bid from German firm GLOBAL Rück and Randall & Quilter (R&Q) in pole position.

Bermuda-headquartered Armour Reinsurance Group has lured senior Pro Group executive Steve Ryland, despite being trumped in the race to acquire Pro by Tawa plc.

The industry loss warranty (ILW) market was finally able to settle contracts impacted by the 2008 US hurricane season after PCS finalised its industry onshore loss estimate...