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Cayman Islands: 100 cat bonds total $8.5bn
The Cayman Islands Stock Exchange (CSX) has reached its 100th cat bond programme and series listing, with a total face value of around $8.5bn
29 February 2012
MGA and programme demand to grow in 2012
Demand for US programme administrators (PA) and managing general agents (MGA) will expand in 2012 after a lean period caused by the soft market and sluggish economy.
29 February 2012
Reinsurance buying: a harder market
In a reinsurance market trifurcated by loss experience, geographical zone and product line, buyers face very different experiences as they look to tick off their shopping lists for 2012 cover. IQ investigates
29 February 2012
Raise the Titanic
Titanic claims looking less mighty in face of Concordia losses
29 February 2012
Brit survives cats to post £75.8mn profit in 2011
Private equity-owned Brit Insurance has reported pre-tax profits of £75.8mn for 2011, extending the streak of Lloyd's (re)insurers that have posted a profit in a challenging year
29 February 2012
Loss creep keeps coming
Over $2.7bn in increased estimates from 2011 cats cast pall over reporting season
29 February 2012
The 10 o'clock news test
The old biblical saying that a prophet is never accepted in his own land rings particularly true in our sector
29 February 2012
Tower confirms M&A interest in Lloyd’s and specialty business
US P&C insurer Tower Group alluded to its interest into buying into the Lloyd's market in its earnings conference call today (29 February).
29 February 2012
S&P upgrades RSA to A+ on capital strength
Standard & Poor's (S&P) has upgraded RSA's financial strength rating to A+ due to the group's strong capitalisation and risk management culture
28 February 2012
Hardy bid duo exit sale talks
Mitsui Sumitomo and former Ascot CEO Martin Reith are no longer in the running to buy the up-for-sale Lloyd's insurer Hardy Underwriting, the latest issue of The Insurance Insider revealed yesterday.
28 February 2012
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