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State Auto confirms surplus relief quota share plans
US insurer State Auto Financial (SAF) has confirmed it is putting in place a surplus relief reinsurance solution for 2012 and beyond to ease pressure on a balance sheet that has been badly damaged by the frequency and severity of catastrophe losses this year.
08 November 2011
Willis predicts flat US primary market in 2012
With an increasing volume of data supporting a change in the direction of the US primary insurance market for 2012, a comprehensive forecast from Willis paints a picture of stabilisation across many lines of business.
08 November 2011
Loss creep, writedowns and capital management at the fore in Q3
Dire conditions in the investment markets, capital management and growing loss creep were the dominant themes of the P&C (re)insurance sector's third quarter reporting season
08 November 2011
AmRisk c$600mn programme to stay with THB
Lloyd's and international broker Thompson Heath & Bond (THB) looks set to hold onto the London placement of the AmRisk programme, even if it completes its sale to US wholesale broker AmWINS
08 November 2011
Brokers the early gainers on rate optimism
Brokers' share prices have all marched into positive territory in the past month, buoyed by the upbeat messages of improving market conditions and positive organic growth
08 November 2011
Flagstone Re tests enduring appetite for a Lloyd’s platform
Flagstone Re may succeed in selling off its Lloyd's business in the first quarter of 2012, but it will largely depend on the continuing appetite of trade buyers and private equity firms
08 November 2011
Transatlantic and Validus trade blows over merits of takeover
Transatlantic Re has ignited yet another round of allegations and counter-allegations with hostile suitor Validus
08 November 2011
Xchanging hails London market 2011 electronic milestones
London market outsourcing partner hails significant progress in process reform in 2011 after a year of transition
08 November 2011
Cat market looks ahead to the largest 1.1 renewals
The Insurance Insider reviews the industry's largest catastrophe reinsurance programmes up for renewal at 1 January
08 November 2011
Tawa’s tax dispute heads for litigation
Run off acquirer and (re)insurance service provider Tawa has started litigation proceedings over disputed tax losses from its partial sale of CX Re in March 2006
08 November 2011
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