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Ryan Specialty secures Aspen capacity for ThinkRisk E&O program
Ryan Specialty Group (RSG) has secured capacity from Aspen US Insurance to support the Converging Risk program written by its specialist errors and omissions MGA ThinkRisk.
18 January 2013
Brussels blocks SNS Reaal rescue plan; stock falls
Shares in troubled Dutch financial services group SNS Reaal fell yesterday (16 January) amid reports it would post a further write-down on its property loan book and that the European Union had blocked a rescue plan
17 January 2013
Aspen reshuffles as Long returns to London
Aspen has appointed Tom Meyer the chief underwriting officer (CUO) of Aspen Bermuda as the incumbent, Stefan Long, moves back to London after eight years on the island
17 January 2013
$600mn+ already pledged for Goldman Sachs reinsurance sale
Goldman Sachs has received letters of intent from prospective investors in its reinsurance platform that exceed $600mn, a confidential presentation seen by The Insurance Insider shows
17 January 2013
Goldman Sachs confirms potential reinsurance sale
Goldman Sachs has confirmed that it is considering a sale of a majority stake in its reinsurance business as it grapples with regulatory capital changes under Basel III in a move first revealed by The Insurance Insider.
17 January 2013
Cooper Gay unveils Japanese partnership with Marubeni’s Marnix
Cooper Gay, the London and international broking arm of Cooper Gay Swett and Crawford (CGSC), has entered into a partnership with Japanese reinsurance broker Marnix Corporation, the two firms announced today (16 January).
16 January 2013
Australian bushfire loss total rises to A$69mn
The insured loss bill from the bushfires that have ravaged Tasmania have now grown to A$69mn but will inevitably climb higher
16 January 2013
Following marine markets underwhelmed by IG renewal quote
The 20 February renewal of the mammoth reinsurance programme for the International Group (IG) of protection and indemnity (P&I) clubs may be tortuous and difficult as support is solicited for the leader's renewal terms
16 January 2013
To buyback or not to buyback…
Multi-asset investment strategies can deliver better RoE results than a share repurchase, says GSAM Insurance Asset Management...
16 January 2013
Montpelier’s Blue Capital deploys $57mn at 1/1
The newly listed Blue Capital Global Reinsurance Fund deployed $57mn of capital in the January reinsurance renewals, making up 58 percent of its net IPO proceeds, according to a 15 January statement...
16 January 2013
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