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Lloyd’s to go optional on new volume claims platform
Lloyd's is set to make its proposed volume claims platform an opt-in service for managing agents, The Insurance Insider understands…
02 May 2012
Soc Gen settles out of court on $500mn gold bullion case
French banking group Societe Générale (Soc Gen) has agreed to an out-of-court settlement for an undisclosed amount after suing a host of London-based insurers over a $488mn claim for missing gold bullion
02 May 2012
Nelson to outline Lloyd’s long-term strategy in ‘Vision 2025’
Lloyd's chairman John Nelson is set to unveil his long-term strategic plan for the 300 year-old insurance market in his much-anticipated "Vision 2025" paper on 11 May…
02 May 2012
Dewey chairman ousted as collapse continues
The tally of defections rises to 76 this year - not including its expelled former chairman - as the once-mighty Dewey & Leboeuf continues to crumble
02 May 2012
Canopius enters Lloyd’s top-10 with Omega deal
If Canopius closes out its 67p per share bid for rival Omega it will leapfrog American International Group's Ascot to become one of the 10 largest Lloyd's insurers…
02 May 2012
Tower Group out of Flagstone auction
Tower Group has dropped its interest in a cash and share deal with Bermudian Flagstone after it secured a $75mn strategic partnership with Lloyd's (re)insurer Canopius, The Insurance Insider can reveal…
02 May 2012
$750mn Everglades Re pushes 2012 issuance past $3bn
Florida Citizens' $750mn Everglades Re cat bond and Swiss Re's upsized Mythen Re bond will take total issuance for the year to date to $3.13bn - well ahead of the $1.2bn reached by the same point in 2011
02 May 2012
Lloyd’s M&A spotlight turns to Novae
The rapidly shrinking quoted Lloyd's sector may finish the year with only four constituents if Novae becomes the latest carrier to succumb to the predators that continue to circle Lime Street...
02 May 2012
MMC buys into Bermuda ILS manager
Marsh & McLennan Companies (MMC) has bought a minority stake in Juniperus Capital, the insurance-linked securities fund that was launched by its rival Aon Corp
02 May 2012
Start-up fundraising proves mixed bag ahead of June renewals
Sister title Trading Risk navigates the various new vehicles looking to cash in this mid-year. But will the rates be sufficient?
02 May 2012
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