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  • Property damage from the earthquake that hit the UK on 27 February is likely to cause insured losses of between £15-30mn, according to initial estimates by Risk Management Solutions (RMS).
  • The P&I market is performing below its full potential despite two years of hard markets, according to a new report release by HSBC Insurance Brokers.
  • Regulatory hurdles in Brazil are one of the biggest challenges for risk managers despite the recent deregulation of the country's reinsurance market, according to Willis Energy.
  • Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP
  • It is late October and time for underwriters and brokers gathering in Colorado Springs and Baden Baden to go through the motions as they prepare to argue the finer points of renewal pricing and terms and conditions in a falling market.
  • Global law firm Mayer Brown LLP is to merge with the Asian law firm, Johnson Stokes & Master (JSM).
  • Ratings agency AM Best has affirmed the financial strength rating (FSR) of 'A' (Excellent) for Lloyd's of London and has forecast an ongoing "solid and flexible" capital base in 2009 and into 2010.
  • In contrast to many of the stretched European (re)insurers, the Bermudian carriers are benefiting from the ripe conditions as they expand their international profiles
  • A 2007 ruling that Lloyd's Syndicate Limit No 2 misrepresented its policy in two facultative reinsurance contracts with AXA (then Albingia) was overturned by the Court of Appeal on 13 November in a judgment that...
  • Florida CFO Alex Sink is due to meet with Bermudian reinsurers in mid-December to examine the possibility of increasing protection for the state’s vulnerable hurricane cat fund with a placement in the private reinsurance...