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  • Jeffrey Greenberg's private equity firm Aquiline Capital Partners has made an undisclosed investment in Rod Fox-headed TigerRisk to support the US reinsurance broker’s continued growth.
  • Standard & Poor’s (S&P) has cut the ratings of a number of European insurers against the backdrop of continued deterioration of financial markets and a rapid contraction in the global economy that combine to “weigh significantly”...
  • Results for the three largest Japanese insurance groups, published last week, confirm that the trio have weathered the immediate effects of the Great Tohoku earthquake with little fuss.
  • Cathedral's Lloyd's Syndicate 2010 was the protection buyer involved in an innovative private cat bond securitisation that may pave the way for future syndicates or smaller (re)insurers to acquire protection from the capital markets
  • US insurer The Hartford's renewal of its Foundation cat bond, and rival Allstate’s planned 2007 cat bond – together with the landmark mortality securitisation by French giant AXA last month – are further evidence of strong and sustained demand in what has
  • Underwriting returns deteriorated by 46 percent to $242mn for Validus in 2010, as it felt the impact of above average catastrophe losses.
  • Having finally shed its under-performing banking unit Dresdner Bank for up to EUR9.8bn global insurance giant Allianz has emerged as the frontrunner in bid speculation surrounding a mooted takeover of UK non-life insurer RSA.
  • UK regulator the Financial Services Authority (FSA) and Lloyd's have formally approved the proposed Brit Insurance takeover by the private equity duo Apollo and CVC.
  • As recently as 19 November, more than 60 percent of Lloyd's brokers by number, and up to 90 percent in terms of 2003 sales, had yet to receive final authorisation from UK regulator the Final Services Authority (FSA) ahead of its takeover of watchdog duti
  • An exceptionally heavy first half for earthquakes and storms has generated a record $22bn of insured losses from natural catastrophes, according to figures compiled by Munich Re.