October 2007/2

Switzerland is fast becoming the location of choice for companies looking to access the Continental European (re)insurance market.

Despite asset-backed securities remaining persona non-grata in the financial markets after the sub-prime crisis, the emerging insurance-linked securities (ILS) sector should shrug off the current woes...

Run-off insurer Alea Group Holdings has received a one-time payment of $203.6mn to "fully and finally" commute all exposures with its Bermudian neighbour Max Capital.

Run-off purchaser Ruxley Ventures is expected to outline a pioneering financing technique at a business transfer court hearing this month for the firm’s proposed acquisition of Generali Assurances Generale (GAG).

Every time you put a gallon of petrol in your car, it has typically been bought and sold forty times beforehand.

The trading of Industry Loss Warranties (ILW) has gained real momentum in the two years since hurricanes Katrina, Rita and Wilma, but critics say its development has been hampered by the high frictional costs...

When Benfield Group changed its mind in 2003 and floated on the stock exchange in London, rather than New York, its decision was widely applauded.

With the majority of Lloyd's insurers set to cut back business for 2008, capacity scarcity was the overriding theme of September's auctions.

It was a familiar story from the remainder of Lloyd's insurers publishing interim figures in September.

Major US insurer Metlife has secured a five-year non-cancelable contract to write the US National Basketball Association (NBA) sports disability insurance programme, according to senior market sources.

London Market-fronted binding authorities specialising in the mortgage banking market look set for a hit from directors and officers (D&O) claims arising out of the sub-prime debacle.

Investment bank to structure adverse development cover ILS products