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  • US wholesaler AmWINS is in the advanced stages of takeover negotiations with AIM-listed London market broker Thompson Heath & Bond (THB), The Insurance Insider can reveal
  • CatCo, the aspiring catastrophe reinsurance fund, is hoping to raise sufficient capital to list on the London Stock Exchange next month.
  • Bermudian-based Allied World Assurance Company Holdings (AWAC) reported an operating income of $141.1mn for the fourth quarter of 2008...
  • Fitch Ratings has found that all the European insurers it rates could withstand the shock of Greece defaulting on government debt after it carried out a major "stress-test" exercise.
  • CatCo, the aspiring catastrophe reinsurance fund, is hoping to raise sufficient capital to list on the London Stock Exchange next month.
  • The Association of Insurance & Reinsurance Run-Off Companies (Airroc) has jointly awarded its 2011 Person of the Year to Andrew Rothseid of RunOff Re.Solve and Gary Lee of Morrison & Foerster for their work on the GTE Reinsurance Company closure.
  • German reinsurer Hannover Re recorded a relatively light impact from second quarter cat losses as it posted operating profits up 15.8 percent to EUR467.7mn for the half-year, despite a 10.4 percent fall in gross premium volume.
  • The London Market Group (LMG) has proposed phasing out slip cases by 2017 in a consultation document on the long-term future of Lime Street.
  • Last week's revelation that new Lloyd's performance tsar Tom Bolt is keen to pursue a more aggressive approach to how claims are handled in the market will offer a welcome change of tone for admirers of the 300-year-old insurance bourse.
  • The US Court of Appeals has rejected the asbestos settlements reached by US insurer Travelers Cos with policyholders in March 2006.