October 2013/4

Scor CEO Denis Kessler has predicted that the forthcoming reinsurance renewals will confirm a permanent structural change in the market, where the "top tier" of reinsurers receive the lion's share of cedants' business in exchange for preferred treatment.

Scor CEO Denis Kessler has confirmed that he intends to remain at the helm of the French reinsurer until at least 2017, when he will be 65-years-old.

Hyperion, the private equity-backed owner of the international underwriting agency business Dual, has made a significant move into the US by acquiring the Florida-headquartered managing general agency (MGA) PGI Commercial.

The Axis-backed Florida take-out insurer headed by Bob Ricker is gearing up to participate in the latest depopulation drive by Citizens Property Insurance Corporation after receiving regulatory approval earlier this month.

The Insurance Insider examines Allianz's wide-ranging optimisation exercise and its implications for the global reinsurance market

The industry's exposure to the distressed Spanish property market may be highlighted this week after an adverse Spanish Supreme court decision that some fear could cost $1bn+ in industry-wide losses. We have the details...

Willis is implementing a significant restructure of its operations as new CEO Dominic Casserley looks to stamp his authority on the company.

UK pensions insurer Rothesay Life announced last week that its parent, Goldman Sachs, has agreed to sell stakes in the company to a trio of buyers including Blackstone and Singaporean sovereign wealth fund GIC, confirming a report published by The Insurance Insider on 5 September.

Aon Benfield profit up; AIG hires EMEA head; Langley returns; Australia blaze; Southport Re appoints; Ecclesiastical affirmed; UK crash; Axa lag; BP Marsh invests; Compre acquires; Broker borrowing; ABI shrinks; Best down; German life; Admin Re ‘progressing'

The strained relationship between JLT and AJ Gallagher looks set to deteriorate even further, with a senior team of market-leading construction producers who recently resigned from JLT widely expected to re-emerge eventually at the London broker's rival

Endurance CEO John Charman has extended his recent hiring spree by luring former Axis colleague Richard Housley across from Ontario Teachers'-backed insurer ANV…

As both our lead article and analysis pages demonstrate, reinsurance buyers are increasingly repackaging their reinsurance spend into take-it-or-leave it ready packaged bundles of diversified risk. How can reinsurers' respond?