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International Digest
China leads emerging market growth; Scor draws; OBE for Butt; DaVinci hit; $75mn in the deep; Generali jail; Qatar's captive charm; Cat bonds high; After the quake; JLT's Chile hots
07 July 2011
Advent unperturbed as Fairfax extends takeover offer
Advent Capital Holdings plc's senior management is not uncomfortable with its long-term partner Fairfax Financial Holdings having taken control of the company last week, The Insurance Insider understands.
01 September 2008
Is double charging commissions a problem in the London wholesale market?
Marsh UK sacking 'tip of the iceberg'? Last year, UK Broker Heath Lambert lost a lucrative reinsurance account with the Australian Federal government after it admitted receiving "unauthorized commissions". It was an offence apparently similar to th
01 November 2004
Marsh resurgence continues with 3% organic growth
Marsh and McLennan Companies (MMC) reported a positive 6 percentage point swing in year-on-year third quarter organic revenue across its broking operations, turning a 3 percent decline in the same period of 2009 into 3 percent growth.
09 November 2010
IPCRe hurricane losses grow
Growing losses from last autumn’s hurricanes contributed to property catastrophe specialist IPC Re reporting lower than expected fourth quarter results last Tuesday (22 February).
28 February 2005
Securities fraud lawsuits on the wane
For the second consecutive year, the number and total dollar value of US securities fraud class action lawsuits were well below historical averages.
16 July 2007
London poised to benefit from turmoil
London market insurance leaders spy greater opportunities in 2009 from the fall-out of American International Group (AIG) and suggestions that market rates will turn upwards.
09 December 2008
Montpelier net income down 47 percent
Bermudian reinsurer Montpelier Re Holdings reported on 28 July net income of $57.6mn for the quarter, down 47 percent from $108.7mn in the prior-year period, as last year's storm losses continued to be felt.
31 July 2006
O’Hara forced to sell XL stock; shares surge on Q3 figures
XL Capital shares have surged after the company reported an estimated third quarter net loss of $1.65bn to $1.67bn that included a $1.4bn charge in relation to its August transaction to close the majority of liabilities to former bond insurer affiliate Se
14 October 2008
Indemnity triggers persist with Chubb's $200mn East Lane Re II
The successful launch of US insurer Chubb Group's latest $200mn cat bond, East Lane Re II, is a validation of indemnity triggers as a viable structure for cat bonds.
07 April 2008
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