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Latin American insurance market grew 19% in 2010
Premium volumes in the Latin American insurance market surged by 19.3 percent in 2010, demonstrating the appeal that continues to draw international (re)insurers to the region in search of growth opportunities.
14 February 2012
AIG could pay Transatlantic up to $125mn to end dispute
American International Group (AIG) could pay its former subsidiary Transatlantic Holdings up to $125mn to settle a securities lending dispute
13 February 2012
PE firms swarm over Groupama UK
Up to 30 different private equity and non-trade investors have received the investor memoranda relating to the up-for-sale insurer Groupama UK, the latest edition of The Insurance Insider reveals today
13 February 2012
Lloyd’s despatches trade delegation to India
Lloyd's sent a delegation to India last week as it renewed its efforts to gain traction in the fast growing but notoriously protectionist (re)insurance market.
13 February 2012
Blackrock: allocation to alternative assets likely to increase under SII
Seventy percent of European insurers believe that the implementation of Solvency II will mean that asset allocation changes on the investment side of the balance sheet will result in greater exposure to higher return sectors.
13 February 2012
Eiopa pushes Brussels to speed up Solvency II process
Gabriel Bernardino, the chairman of the European Insurance and Occupational Pensions Authority, has reiterated calls for a clearer timetable on Solvency II
13 February 2012
Darag to buy Finnish run-off insurer
Darag has extended its acquisitive streak into 2012 with the purchase of Finland-based run-off insurer IngoNord Insurance Company, The Insurance Insider revealed last week.
13 February 2012
Springtime for Europe’s legacy market?
It is said that one swallow does not make a summer, and it is perhaps in that vein that we should view the two quick-fire continental European legacy deals announced already this year.
13 February 2012
2008/09 financial crisis may be 'dress rehearsal': Chartis CEO
The global financial services industry should view the 2008 financial crisis as a "dress rehearsal for the really big one", according to Chartis CEO Peter Hancock.
13 February 2012
Plaintiff bar downplays Chinese IPO fears
Representatives of the US plaintiff bar community have downplayed fears that the wave of US lawsuits against Chinese companies listing in the States will become the next big loss event for professional lines underwriters.
13 February 2012
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