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Eiopa warns insurers of ‘substantial headwinds’
The European insurance watchdog has warned that the region could be facing a full-scale "meltdown" without decisive and comprehensive action from policymakers to reassure markets
11 January 2012
Hurt MF Global investors vie for lead plaintiff role
Plaintiffs suing former MF Global CEO Jon Corzine are forming an orderly queue to be lead plaintiff in a class action suit over the once mighty broker's spectacular failure
11 January 2012
Nose down in aviation lines
Loss-free aviation excess of loss reinsurance rates dropped while the loss-heavy space market also lowered prices at 1 January
11 January 2012
Berkshire Hathaway lured by Thai cat opportunities
Berkshire Hathaway lived up to its reputation as the consummate opportunist by becoming one of the biggest reinsurers in Thailand overnight on 1 January, The Insurance Insider revealed.
11 January 2012
BP and Halliburton trade yet more legal blows
The two former partners on the ill-fated Macondo oil well site continue to trade punches in US courtrooms
11 January 2012
Energy up on heavy individual losses
Energy reinsurance renewals have proceeded with rate rises and higher retentions after a year of high losses
11 January 2012
Chevron’s Latin American woes mount
Brazil's oil regulator has sanctioned Chevron for the third time over the Frade oil field spill last year
11 January 2012
Jilted reinsurers facing life after Chartis
If it is received wisdom that no New Year's resolution has a lasting impact, then Chartis' determination to emerge in 2012 with a slimmed down catastrophe reinsurance programme may be the exception that proves the rule.
11 January 2012
New York court issues Alliant poaching injunction
A New York court has granted victory to Aon in its long-running legal battle against rival broker Alliant by issuing an injunction against former senior Aon construction broking executive Michael Cusack and his new employer
11 January 2012
RFIB restructures after bad debt weighs on 2011 results
London-headquartered (re)insurance broker RFIB has initiated steps to overhaul its underperforming business after its 2011 results were weighed down by the discovery of £1.5mn of bad debt
11 January 2012
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