October 2009/2

Asbestos-related mesothelioma claims are expected to peak in 2016, with claimants exposed to asbestos between the late 1960s and mid 1970s from a wider industrial base than previously assumed, according to a Marsh study.

Verisk Analytics - the holding company for the family of risk analysis and assessment firms that includes ISO and modelling firm AIR Worldwide - staged a successful initial public offering (IPO) of shares last week.

The trend of London market insurers fundraising through equity issuance looks set to continue, with the equity markets persisting as the "predominant source of new capital", according to the latest forecast from banking group Lloyds TSB.

The Financial Services Authority (FSA) is yet to break the silence over its assessment of Russian-backed private equity firm Pamplona Capital Management’s plans to build an influential 29.9 percent stake in Lloyd's insurer Chaucer.

Barlow Lyde & Gilbert hires Part VII transfer specialist; DUAL Ireland opens doors with AIG hire; Gregory joins Axis as international specialty CEO; Taylor to serve as non-executive chairman of Montpelier Re...

World Trade Center developer Larry Silverstein has lost the latest round of his legal battle to collect $2.8bn in damages from airlines and security companies that he claims are partially responsible for the 11 September terrorist attacks.

Efforts to sell the non-life reinsurance portfolio of Berlin-based run-off group BF Rückversicherung have been revitalised.

At a lunch in the City last week, members of The Insurance Insider London One Hundred were treated to a devastating critique by a top UK financier of the parlous state of the UK government's finances.

HM Treasury has banned UK financial services companies from doing business with two Iranian companies, in a move that could see Lloyd's and London market (re)insurers pull cover.

Royal Bank of Scotland is again considering selling off its insurance operations...

A US district judge has ruled that Allen Stanford and other executives at the centre of charges relating to an alleged $7bn fraud may seek to tap into defence costs through a directors' and officers' (D&O) policy at Lloyd's.

The benign winds that characterised this year’s North Atlantic hurricane season could prove a double-edged sword.