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  • UK pensions insurer Rothesay Life announced last week that its parent, Goldman Sachs, has agreed to sell stakes in the company to a trio of buyers including Blackstone and Singaporean sovereign wealth fund GIC, confirming a report published by The Insurance Insider on 5 September.
  • Aon Benfield profit up; AIG hires EMEA head; Langley returns; Australia blaze; Southport Re appoints; Ecclesiastical affirmed; UK crash; Axa lag; BP Marsh invests; Compre acquires; Broker borrowing; ABI shrinks; Best down; German life; Admin Re ‘progressing'
  • The strained relationship between JLT and AJ Gallagher looks set to deteriorate even further, with a senior team of market-leading construction producers who recently resigned from JLT widely expected to re-emerge eventually at the London broker's rival
  • Endurance CEO John Charman has extended his recent hiring spree by luring former Axis colleague Richard Housley across from Ontario Teachers'-backed insurer ANV…
  • As both our lead article and analysis pages demonstrate, reinsurance buyers are increasingly repackaging their reinsurance spend into take-it-or-leave it ready packaged bundles of diversified risk. How can reinsurers' respond?
  • Europe's largest insurer, Allianz, is preparing to take more than 900 locally bought third-party reinsurance treaties in-house, depriving the global reinsurance market of hundreds of millions of dollars of premium in 2014 and beyond, The Insurance Insider can exclusively reveal
  • US (re)insurer White Mountains today (28 October) said its third quarter net profit rose threefold, as the company bounced back from a loss-making disposal a year ago
  • PartnerRe has launched a free app for iPads that provides people in the insurance industry access to detailed meterological information on 1,100 historical windstorms in the North Atlantic Basin and Europe
  • Bushfires that ravaged New South Wales earlier this month look set to inflict losses of A$145m ($139mn) on the insurance industry, up from a previous estimate of A$93mn, the Insurance Council of Australia said on Monday (28 October).
  • The southern UK was hit by hurricane-strength winds of up to 99 miles per hour early on Monday (28 October), causing serious disruption to rail and air transport, and triggering power outages and flood warnings in the south west of the country.