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  • Major cedant Allianz has put firm order terms into the market for its EUR1.3bn ($1.8bn) "SuperCat" treaty that will see reinsurers receive 20 percent more premium for the bottom layer exhausted by the European floods
  • Allied World confirms; Gulf Re promotes; Sidecar hire; Torus in; Kick off; Italy debt; R&Q contract; ProSight lands; Scor upgrade?; Hyperion marine; Universal shares; Motor woe; Federated National offering; Reinsurers affirmed; Swiss Re buys; Allianz GCS converts; Charles Taylor satisfied
  • CGSC has parted company with Ron Carlier less than six months after the veteran former RK Carvill executive joined as CEO of its reinsurance broking subsidiary.
  • Transatlantic observers of current affairs have had an entertaining time of late watching the seemingly parallel lives of two hapless leaders play out like a Greek tragedy double bill.
  • Houston International Insurance Group (HIIG), the US insurer led by industry entrepreneur Stephen Way, has confirmed plans to seek new investors to replace PE house Lightyear Capital and to finance  growth in 2014 and beyond
  • Beleaguered Tower Group slumped to a $507.3mn net loss for the second quarter as it finally filed its delayed financials for the period after markets closed in New York today (22 November).
  • Listed insurance services provider Randall & Quilter (R&Q) has won a significant contract that will see it become the preferred provider of credit control services to the Lloyd's market.
  • Lloyd's general counsel Sean McGovern has said the UK government needs to be a "champion of the insurance sector" by doing more to help the UK industry domestically and in attracting overseas business
  • Disgraced cyclist Lance Armstrong has reportedly settled a $3mn suit launched against him by an insurer looking to reclaim prize indemnity payments dating back to 1999
  • The final agreement on Solvency II gives teeth to the European Insurance and Occupational Pensions Authority (Eiopa), said EU commissioner Michel Barnier at the supervisor's annual conference on 20 November