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  • Zurich Insurance Group dealt a blow to its catastrophe reinsurers as it posted $758mn of net losses from Superstorm Sandy, including $58mn of reinstatement premiums.
  • The Project Darwin process has highlighted that market reform at Lloyd's must be led from within the market rather than imposed from the top-down if it is to succeed, Lloyd's CEO Richard Ward has said.
  • Torus has folded Syndicate 2243 into Syndicate 1301 to create a single Lloyd's platform for 2013, The Insurance Insider can reveal.
  • Apollo and CVC Partners, the private equity owners of Brit Insurance, expect to receive in excess of £250mn in special distributions as the transformation into a dedicated Lloyd's business yields capital benefits.
  • JLT is set to launch a new directors' and officers' (D&O) insurance product that will carry multi-year policy terms, The Insurance Insider has learned.
  • Reported Sandy losses have topped $10.4bn after Zurich Insurance Group and HCC Insurance unveiled preliminary estimates for the storm's impact.
  • As Bermudians go to the polls today (17 December) in the general election, the island's (re)insurance community is adamant it will be business as usual, whatever the outcome.
  • Q-Re LLC, the ambitious Qatari reinsurance firm that is rolling out a European platform after a series of audacious hires from Lloyd's (re)insurer Novae, has entered into a major new IT contract with the London market back office provider Xchanging.
  • Au revoir Paris; Joachim Eur252mn; AIG sell-down; RSA negative; Berkshire up; Beazley $90mn; Sandy could cost (re)insurers $30bn; Eckert joins Gallagher; Integro makes Rule acquisition; Brown & Brown gets R&B; Special week for WR Berkley;  Talbot in XL hire; Endurance promotes; Generali restructure; Aquiline acquires; ICAT moves...