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Insurers feel the sting
With primary insurers lashed by further deterioration of Q1 cat losses, reinsurers would be unwise to allow the hurricane season to distract them
12 September 2011
No transubstantiation
In most sectors and at most times, a multi-party hostile takeover battle would be something to set pulses racing
12 September 2011
9/11: Ten years on…
It's a human instinct to try and reach out for something positive from a shocking event, however hideous
12 September 2011
Financial Fashionista
"Dad, did you really wear those silly trousers when you were younger?" Such was the recent disarming honesty and utter lack of tact from one's young offspring
12 September 2011
Former Heath Lambert CEO Colosso to leave Gallagher Intl
Former Heath Lambert CEO Adrian Colosso is stepping down from London-headquartered broker Gallagher International just four months after it swallowed up the UK retailer, The Insurance Insider can reveal
12 September 2011
Aon Benfield withdraws 1.1 prediction as rate debate continues
Aon Benfield has decided to withdraw its forward looking pricing predictions for the market from the public domain as differences of opinion between the major reinsurance brokers and market participants continued to be highlighted at this year's Monte Carlo Rendez-Vous.
11 September 2011
TigerRisk launches Goldsmith-led London platform
Reinsurance broker TigerRisk Partners has launched its own London platform after being approved by the FSA and Lloyd's, The Insurance Insider can reveal.
11 September 2011
Diversification responsible for low valuations
The dominant post-Katrina strategy of diversification has to be jettisoned if reinsurers want to leave behind the discounted trading multiples that have been dogging the industry for years, PricewaterhouseCoopers has said.
11 September 2011
Industry warned against ‘slavish’ use of models
Ratings agencies have thrown their weight behind the argument that the (re)insurance industry is "over-reliant" on catastrophe models.
11 September 2011
Cat-exposed CBI policies need to be overhauled: Munich Re
Contingent business interruption (CBI) cover for insureds with significant cat exposure needs to be broken out of the property programme and written on a standalone basis, Munich Re has said.
11 September 2011
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