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November 2010/2

  • M&A talks between Israeli financial services conglomerate Clal Group and Lloyd's insurer Jubilee Group have ended without agreement on terms, The Insurance Insider understands.
  • UK broker aggregator Towergate Partnership is preparing to refinance its £650mn debt pile after an abortive effort earlier this year, The Insurance Insider can reveal.
  • Brokers are pushing multi-year deals more aggressively than any time in the last 10 years. Underwriters are not being firm in resisting their overtures...
  • The soft market isn't ending but Solvency II and high frequency cat losses are spurring reinsurance demand in advance of the 1 January renewals...