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  • Randall & Quilter Investment Holdings plc (R&Q) and GLOBAL Reinsurance Company have formed a partnership for the purchase and management of non-life run-off companies in Europe.
  • The International Underwriting Association (IUA) today celebrates 10 years since its formation after the merger between the London International Insurance and Reinsurance Market Association (LIRMA) and the Institute of London Underwriters (ILU) in 1999.
  • Bancassurance is gaining in popularity particularly in emerging markets, according to research by Swiss Re.
  • UK insurer RSA has raised £500mn of subordinated debt to bolster its financial flexibility ahead of any call on its EUR500mn subordinated guaranteed bonds. A spokesperson said that RSA has the right to buy back its debt in October 2009 but cannot confirm
  • Randall & Quilter Investment Holdings plc (R&Q) and GLOBAL Reinsurance Company have formed a partnership for the purchase and management of non-life run-off companies in Europe.
  • AJ Gallagher's organic growth dipped over the first nine months of 2010, with the broker reporting a 1.9 percent decline in organic commissions and fees, supplemental commissions and contingent commissions.
  • Professional advisory fees relating to the collapse of the European operations of Lehman Brothers amounted to £102.3mn for the first six months.
  • Global directors' and officers' liability (D&O) and errors and omissions (E&O) losses resulting from the credit crisis could hit $12.1bn, according to a report released today (5 November).
  • Florida’s state-run property insurer Citizens Property Insurance Corp is set to sell $2.5bn of pre-event bonds to raise funds for potential claims arising out of the forthcoming hurricane season.
  • The Competition Commission is holding an inquiry into Hampden Private Capital’s acquisition of the Names' advisory business of CBS Private Capital.