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Chartis looks to grow ‘engineered’ property book
US insurance giant Chartis - soon to be rebranded AIG - is targeting growth in in its large-limit engineered commercial property book as it continues to build out resources to support the business
10 October 2012
Down on the farm
An open letter to Gabriel Bernardino - and why good Solvency II regulation is like running a successful sheep farm
10 October 2012
Tawa sale plans advance
The formal sale process of UK-listed run-off buyer and services provider Tawa has moved forward, with potential bidders having submitted indicative offers of interest, it is understood
10 October 2012
Hanseatica looking for run-off buyer
German run-off insurer Hanseatica is seeking a buyer for its small remaining book of business, The Insurance Insider understands.
10 October 2012
No sign yet of a specialty London or New York IPO
Despite the prospects for insurance IPOs looking better than they have for years, to date there is no sign that the private equity backers of specialty Bermuda and London players are looking more favourably on them as a way to realise the billions tied up in their investments
10 October 2012
Solvency II finally begins to make impact
The UK legacy market continued to shrink in 2011 but the long-predicted impact of Solvency II may finally be beginning to make its mark on the sector
10 October 2012
FIO waiting on US election outcome to release report
The Federal Insurance Office (FIO) has missed a crucial 30 September deadline for releasing its mandatory report on the US and global reinsurance sector and is now likely to delay its publication until after the US elections in November, The Insurance Insider understands
10 October 2012
Carlson buyout ends Barbican sale speculation
Carlson Capital's decision to buy out Steel Partners' minority stake in Barbican has ended any near-term prospect of the Lloyd's carrier being sold off
10 October 2012
IUA members add to mounting criticism of FSA
Members of the International Underwriting Association (IUA) have voiced concerns about the UK regulator and its handling of the Solvency II regime as well as its impending structural overhaul
10 October 2012
Spotlight returns again to unrated capacity...
The role of unrated capacity in the UK solicitors' market caused controversy once more at the key 1 October renewals, with some incumbents complaining that rates were being kept artificially low by its participation in the £250mn+ segment
10 October 2012
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