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Atrium aiming for $200mn valuation with bids imminent
Atrium's private equity sellers are hoping to gain as much as $200mn from the auction of the much-admired Lloyd's underwriter, The Insurance Insider can reveal
28 January 2013
Greco staves off ratings action at Generali
Standard & Poor's (S&P) has removed Generali from negative credit watch and backed new CEO Mario Greco's plans to strengthen the Trieste-headquartered insurer's balance sheet.
28 January 2013
Nephila targeted $500mn-$600mn valuation in sale process
Fund manager Nephila Capital had been seeking a valuation of around 10 times its earnings in a formal sales process that concluded last week after it struck a deal with the legendary buy-out firm KKR.
28 January 2013
The first law of finance
Solvency should be a relatively simple matter.
28 January 2013
Travelers and RLI send P&C sector to the top
With a slew of Q4 financials due this week the prognosis from the first US P&C sector reporters is of an industry in rude health that will continue to show strong performance in 2013 as positive momentum for US commercial P&C pricing continues.
28 January 2013
AIG shunned Starr lawsuit because ‘a deal’s a deal’
American International Group (AIG) has taken the unusual step of publishing 172 pages of documentation considered by the board before it decided not to join Hank Greenberg's lawsuit against the US Treasury Department
25 January 2013
Legacy execs less bullish on Europe
Legacy market executives and practitioners are less optimistic about the number of transactions that will take place in continental Europe than they were just over a year ago, according to a survey by PwC.
25 January 2013
New UK regulators must be more pragmatic: Prettejohn
The overhaul of UK financial regulation must be less dogmatic than the regime that preceded the financial crisis according to Nick Prettejohn, chairman of Brit Insurance
25 January 2013
London MGA Tempo gets Kuwait Re capacity for treaty lines
Tempo Underwriting, a multi-line MGA which launched in London last April, has added a treaty reinsurance team to its platform that will write marine and aviation treaty from 1 January 2013
25 January 2013
Ace and R&Q settle Brandywine legal dispute
Randall & Quilter (R&Q) confirmed it has made a final settlement with P&C giant Ace over a coverage dispute dating back to the $1bn Brandywine APH legacy transaction in 2006
25 January 2013
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