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Tower to achieve offshore status with Canopius deal
US-based insurer Tower is set to fulfil a long-held ambition to move its holding company offshore in a deal with Canopius that is valued at between $240mn and $290mn...
08 August 2012
London M&A advisory landscape shifts
The balance of power between the different corporate financiers advising on M&A in the London market may alter after a number of recent personnel changes....
08 August 2012
Fixed income: Half-term report
It's "as you were" for those making asset allocation investment decisions at (re)insurance companies, as the macroeconomic concerns that dominated thoughts early in the year show no signs of going away
08 August 2012
RenRe praises sidecars for capital efficiency
RenaissanceRe's permanent sidecars returned to profit in the first half of 2012 as the reinsurer's joint ventures helped to lift its top line by 6 percent
08 August 2012
Marsh says brokers are happy with ‘front row seat’ for Darwin
Marsh's lead on market reform Colin Grint says brokers are happy they now have a "front row seat" as the real work begins on the modernisation project for the London market's back office operations...
08 August 2012
JLT may charge for data products after U-turn
JLT has told clients it may yet charge them for use of its nascent data product, dubbed Project Insight...
08 August 2012
Syndicate start-up hiatus ends with R&Q approval for 2013 launch
The transformation of UK-listed Randall & Quilter (R&Q) from a run-off acquisitions and management firm to a live insurer and services company took a major step forward with permission from Lloyd's to launch Syndicate 1991...
08 August 2012
2012 cat bond tally reaches $4.3bn
Cat bond issuance has reached $4.29bn for the year-to-date after two diversifying cat bonds closed in strong demand in August
08 August 2012
Endurance reassures on crop exposures
With US drought conditions looking to be the worst since 1988, leading crop (re)insurers have been trying to reassure investors over potential exposures...
08 August 2012
AIG share sale pushes Treasury towards minority ownership
The US taxpayer may soon become a minority shareholder in American International Group (AIG) after the government sold down its stake and the insurance giant hinted that it may accelerate its share buybacks this month...
08 August 2012
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