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  • Broker Aon has stated the potential impact of a mammoth round of energy litigation currently underway in the Royal Courts of Justice. As reported in the March edition of The Insurance Insider, the case was brought by oil giant BP against Swiss Re, AIG,
  • Shares in AIG gave up the week’s gains as investors digested the news that the US government is to take up its proposed 79.9 percent dilutive stake in the insurance giant, dashing speculation that an alternative deal may have salvaged greater shareholder
  • Marsh UK has published details of its new “model” designed to show greater transparency of its revenue structures after it abolished the controversial Placement Service Agreements (PSAs) last year. The broker says it has the agreement in principle fro
  • Broker Aon Global UK has launched a compliance tool for buyers of global (re)insurance programmes.
  • Airline rates rose by 10 percent in January as the airline market showed tentative signs it may have finally turned away from further softening, according to a report by Aon Aviation.
  • Despite reinsurers generally agreeing that rates in the softest reinsurance lines such as aviation and US casualty will fall by around 10 percent next year, a leading figure in the sector has warned that this figure be significantly higher at renewal.
  • Shares in American International Group Inc (AIG) traded sharply upwards today as the market reacted favourably to a candid television interview given by its new CEO Edward Liddy late Monday evening.
  • Shares in Jardine Lloyd Thompson Group Ltd (JLT) rose today following Aon's swoop for Benfield, in a move that fuelled market speculation over further broker M&A.
  • American International Group (AIG) chief executive Edward Liddy was parachuted into the embattled organisation last week hoping to retain the firm’s core insurance operations.
  • As widely expected and reported in issue 70 of Insider Week, Republican Senator Orrin Hatch introduced his much anticipated bipartisan bill last Thursday to establish a $108bn trust fund to provide compensation to asbestos victims. The Senator announced h