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  • Travelers is fighting against paying claims related to multiple mortgage frauds that could reach over £50mn, after the actions of a partner at Willmetts Solicitors forced the UK law firm into liquidation.
  • The success of proposed (re)insurance facilities targeting oil and gas companies' drilling platforms along the US coast will hinge on demand and pricing, say industry leaders.
  • The London Market is missing out on millions of pounds in savings because of its failure to embrace new technology that would speed up business processes. At the ACORD Forum on 20 October, London was described as resistant to change and slow to act...
  • Rob Bredahl, CEO of Aon Benfield's investment banking group, and colleague Dan Malloy are joining John Berger-headed start-up Third Point Re.
  • The legacy of Enron continues to haunt the world's most valuable insurance company, with news last week that US regulators may file a civil action against American International Group over its dealings with PNC Financial Services Group.
  • A look at the history books reveals that when a financial institution collapses, litigators often turn on the professional services firms it has used in search of restitution.
  • Ratings agency Moody's Investors Services said it would be assessing the impact on the credit profiles of FGIC Corp and MBIA Insurance Corporation following their $184bn reinsurance coverage deal.
  • Contingents reignite; Aon in $4.9bn swoop; Willis London reshuffle
  • Perhaps it was a good thing that QBE only bought the renewal rights to Brit's up-for-sale UK insurance business, otherwise English cricket supporters may have had to endure an Australian company sponsoring the national team.
  • Current head of Willis Re Europe Tony Melia will be unveiled later this week as the new CEO of Willis Re International, The Insurance Insider has learned.