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  • More than a third of UK insurers are concerned the European industry will fail to meet the 1 January 2014 implementation deadline for Solvency II despite the date already having been pushed back, according to Deloitte's annual survey.
  • Trotti out in Willis overhaul; Segal released; Ryan to buy Sharebridge; Tiger Risk hire; LMA quartet; Italian quake up to $875mn...
  • Flagstar Re and private mortgage insurers in the US including Genworth Mortgage Insurance have been accused in a class action complaint of setting up a mortgage fraud scheme in early 2004 that used reinsurance as a mechanism.
  • The four former General Re executives and one former AIG executive accused of defrauding investors through a phoney reinsurance transaction in 2000 are in talks with prosecutors to resolve the criminal proceedings brought against them, according to a court filing.
  • A New York judge has confirmed an earlier ruling that allows MF Global executives to recoup defence costs from directors' and officers' (D&O) and errors and omissions (E&O) policies .
  • Dewey & LeBoeuf has finally filed for Chapter 11 bankruptcy in New York and placed its separate UK-incorporated entity into administration.
  • WR Berkley has received approval from Lloyd's and the Financial Services Authority to establish a managing agent on 1 June, three years after Syndicate 1967 began underwriting at Lloyd's
  • A deepening Eurozone crisis is increasing interest in European covered bonds and corporate credit
  • Qatar Re (Q Re), the reinsurance arm of Qatar Insurance Company (QIC), has made an ambitious statement of intent regarding its international expansion plans with the hiring of Novae Re's two most senior executives
  • Martin Reith's proposed start-up vehicle Neon Capital did not write business at the 1 June renewals, The Insurance Insider understands.