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  • The London contingency market is facing a lingering exposure to event cancellation due to the swine flu pandemic.
  • London-based electronic trading platform Ri3K is streamlining charges for its services in response to "market criticisms" over the firm's pricing structure.
  • London-based electronic trading platform RI3K is streamlining charges for its services in response to “market criticisms” over the firm’s pricing structure.
  • Embattled insurance giant American International Group has denied suggestions that its 2004 annual statement is being delayed by a refusal from auditors PricewaterhouseCoopers to sign off the firm’s accounts.
  • Our monthly column keeping check on US and EU legal and regulatory developments, in association with Sidley Austin LLP
  • Shares in run-off (re)insurance group Alea Group Holdings rose this morning after the company announced better than expected full-year results.
  • XL Capital has posted a first quarter profit on a dramatic improvement in realised investment losses, and despite an 11 percentage point deterioration in its loss ratio from Q1 catastrophes.
  • Deutsche Rück has scheduled an 18 May creditors' meeting to test the waters for approval of its solvent scheme of arrangement.
  • Hannover Re has launched a pioneering $60mn sidecar-style vehicle, Fac Pool Re - the first dedicated, securitised facility created for facultative exposures.
  • Energy industry mutual Oil Insurance Ltd continued to see its membership decline as it confirmed last week that 13 more companies are set to leave.