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Mayer Brown loses leading reinsurance litigator
Global law firm Mayer Brown has lost a high-profile insurance and reinsurance partner from its London office to rival Locke Lord, continuing a string of departures from its City arm this year
01 November 2012
Ex-Omega exec Reed to take helm at Scor corporate member
David Reed, the former managing director of Omega's managing agent, will become CEO of Scor's Lloyd's corporate member at the start of 2013, The Insurance Insider can reveal
01 November 2012
Investments offset underwriting loss at Greenlight Re
Cayman Islands-domiciled carrier Greenlight Re reported $46.1mn net income for the third quarter, as strong investment returns more than cancelled out a large underwriting loss
01 November 2012
R&Q seals fourth captive acquisition
London-listed Randall & Quilter (R&Q) has continued its drive into the end-of-life captive arena with its fourth acquisition of 2012
01 November 2012
Allied World outperforms despite crop losses
With operating profits of $79.2mn, or $2.16 a share, Allied World Assurance Company smashed Wall Street forecasts of $1.15 a share on lower cats and better-than-expected underlying results.
01 November 2012
Allstate beats and reassures on Sandy impact
US giant Allstate became the latest P&C insurer to outperform Wall Street expectations as its CEO Tom Wilson pronounced that the impact of Superstorm Sandy "will not be meaningful in terms of our stability".
01 November 2012
Bermudian trio outperforms to mixed analyst response
A trio of Bermudians all generated third quarter operating profits that beat Wall Street forecasts, but met with a mixed response from analysts.
01 November 2012
PartnerRe beats as underwriting profits boosted by reserve releases
PartnerRe booked third quarter operating profits of $244.4mn or $3.90 a share that were comfortably ahead of the $164.5mn, or $2.41 a share, booked in the prior-year period
01 November 2012
ILWs on standby after Sandy
Industry loss warranty (ILW) limits of between $50mn and $100mn could be on the line for north-eastern US contract placed at a $10bn industry loss trigger, sister publication Trading Risk has reported
01 November 2012
Chaucer drives The Hanover's third quarter beat
A strong performance by The Hanover Group's Lloyd's arm Chaucer enabled the US specialty insurer to outperform Wall Street's expectations.
01 November 2012
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