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  • Montpelier Re has confirmed the launch of its new asset management platform Blue Capital and that it has raised $100mn in the IPO of its new Blue Capital Global Reinsurance Fund (BCGRF)
  • Quoted Lloyd's insurer Novae Group has found a successor to long-serving CFO Oliver Corbett by hiring Charlie Fry, the former Benfield and Guy Carpenter executive
  • Fireman's Fund Insurance Co has been downgraded a notch from A+ to A by Standard & Poor's (S&P) on weak operating performance driven by adverse development of its loss reserves.
  • Willis Group has completed the reshuffle of its international business unit with a series of senior leadership appointments.
  • Lloyd's broker Chesterfield Group has appointed RK Harrison operations director Paul Attfield as executive director as the firm advances its ambitious growth strategy.
  • UK risk managers' trade body Airmic has blamed the low take-up of insurance products dedicated to supply chain disruption, on their failure to meet clients' requirements.
  • (Re)insurers outperformed the market in 2012 on the back of profitable results, but sovereign debt continues to plague the lowest-performing carriers
  • While 2011 was a significant year for M&A activity, 2012 has been characterised by the conclusion of some of the lengthiest and most fiercely contested deals of recent memory
  • As recently as Baden-Baden, the 1 January renewals seemed to be a foregone conclusion. Superstorm Sandy changed all that. IQ looks at 2013 cat reinsurance rates...
  • A month after Superstorm Sandy battered the north-east US, continuing uncertainty around losses and the wide variation between official loss estimates has caused catastrophe modellers to be criticised in some quarters.