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AIA ‘a bridge too far’ for UK Pru, says Greenberg
Prudential's failed $35bn bid to buy American International Group (AIG)'s Asian business, AIA, was "a bridge too far" for the UK life insurer, according to Maurice "Hank" Greenberg.
14 June 2010
$5bn reinsurance available to Florida cat fund
A panel of brokers has advised the Florida Hurricane Catastrophe Fund (FHCF) that there is up to $5bn of reinsurance capacity available in the private market to shore up its defences in the face of a growing funding...
10 March 2009
NZ disputes to test BI and reinstatement issues
Claims from the New Zealand earthquakes are causing a number of legal cases that test insurance coverage issues, two New Zealand lawyers told International Underwriting Association (IUA) members in London late last month
04 July 2012
CRC proposes 2011 date for Ryan showdown
CRC Insurance Services and Ryan Specialty Group (RSG) will lock litigating horns in April next year if a US judge agrees to a plan submitted by the former to launch charges of conspiracy and poaching against its rival.
12 July 2010
Citizens votes to spend $100mn on private reinsurance
Florida’s state insurer Citizens Property Insurance Corporation is to buy reinsurance in the private market for the first time in its history.
29 April 2008
RenRe slashes growth targets on Florida legislation
The first sign of the magnitude of last month’s Florida legislation for reinsurers has emerged with Bermudian RenaissanceRe paring back growth targets for 2007 managed property cat reinsurance...
07 February 2007
Quanta and GoshawK deals maintain M&A momentum
Fears that the well of legacy transactions would run dry as tight credit conditions took hold appear unfounded, as the first half of 2008 yielded eight significant deals - maintaining the run-rate of the last two years.
07 July 2008
Bolt points to brokers to help ride out soft market
Underwriters need to improve how they handle their transactions with brokers and maintain underwriting discipline to weather the soft market better, the Lloyd's performance director Tom Bolt has warned.
16 February 2010
Jubilee sale prospectus issued to bidders
JLT shakes out potential suitors for Lloyd's insurer
09 March 2011
Flynn in as Guy Carp COO after Fry flies
Guy Carpenter has announced that it has named Liz Flynn as Global Chief Operating Officer (COO) as a replacement for Charlie Fry whose departure from MMC's reinsurance broker The Insurance Insider revealed in March.
11 June 2010
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