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London digest
City law firm M&A gains pace; JLT to fly; Lloyd's holds back on RMS; BMS defector; Brit hires ex Torus exe; Hardy profit warning; Equity 218 group motors; Torus in race to acquire Lloyd's insurer; Number one; King payout
04 August 2011
Lloyd’s reapplies for Florida approval
Lloyd's has resubmitted its application for permission to post reduced collateral requirements in Florida, after its application in New York was approved
04 August 2011
US surplus lines reform ‘making things worse’
Legislation aimed at simplifying the way surplus lines laws and procedures operate across the US is in danger of making things more complicated, a Congressional subcommittee was warned
04 August 2011
TR briefs
Glacier Re set for cat bond payout; Vega notes pay out $16mn on Japan quake
04 August 2011
Validus has less bid headroom than on IPC deal
As the $3.2bn battle for Transatlantic Re heats up, we look at what Validus could do to trump Allied World's recommended bid
04 August 2011
ILS sector attracts new investor interest
Pension fund advisers are steering investors towards the alternative insurance markets as a way of accessing pure insurance risk, pushing steady cash flows into the sector over the past couple of years
04 August 2011
Pair of deals continues London broker marriages
AmWins' proposed acquisition of London market firm THB and the advanced Gallagher International-Oxygen talks show that London market broker M&A continues to rumble. Who might be next?
04 August 2011
Collateralised market pays out
Capital market reinsurers may contribute up to $2bn-$2.5bn in 2011 nat cat loss payments
04 August 2011
Q3 starts with rush of non-peak cat bonds
Cat bond sponsors benefited from strong demand for diversifying assets at the start of the third quarter, enabling them to expand their new offers to exploit falling rates
04 August 2011
Marsh and JLT lead quarterly broker growth
The Insurance Insider analyses the US/international brokers' second quarter earnings
04 August 2011
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