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Hardwired for success
The past week has been a good one for anyone looking for indications of the enduring appeal of the London market and the Lloyd's platform that lies at its heart.
18 June 2012
Alterra sidecar still in ranks
Bermudian (re)insurer Alterra is still working on a renewal of its retro-focused $200mn+ sidecar New Point Re IV, although it did not deploy New Point capacity in the June renewal, sister publication Trading Risk has reported.
18 June 2012
Alliant boosted by California decision in Aon poaching dispute
US broker Alliant has won a significant victory in its home state of California against larger rival Aon over the mass defections last year of a construction team led by Peter Arkley.
18 June 2012
RiverStone buys Brit UK legacy book
Private equity-owned insurer Brit Insurance continued its restructuring with the sale of its UK insurance arm to Fairfax Holdings subsidiary RiverStone.
18 June 2012
Dallas storms could cost $2bn
The growing catastrophe bill from US storms in 2012 could be set to expand by another $2bn following the recent hailstorms which struck the Dallas area
15 June 2012
Novae Re defections continue
There have been further resignations of Zurich-based staff from Novae Re this week following the defection of the firm's two leading executives last month, The Insurance Insider can reveal.
15 June 2012
Stanford gets 110 years for $7bn Ponzi scheme
Former billionaire Allen Stanford has been sentenced to 110 years in prison and was ordered to pay back $5.9bn to defrauded investors after he was found guilty of running a $7bn Ponzi scheme.
15 June 2012
The IPO queue
A growing band of (re)insurance entities and brokers are dreaming of a public listing. IQ looks at why they haven't made it yet and what it means for their owners, who have billions of dollars tied up in their investments
15 June 2012
Are we there yet?
Cat rate increases for Florida renewals disappoint, despite hard market expectations
15 June 2012
Facebook friends
D&O coverage is in the spotlight once more as Facebook loses friends over its troubled IPO; but should its insurers really worry about ensuing lawsuits?
15 June 2012
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