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Australia mining losses down under
Mining losses from the Australian flooding in late 2010 and early 2011 are developing more modestly than initially feared, according to market sources
02 June 2011
Optex to join revamped Besso
London market boutique reinsurance and ILS broker Optex Group is set to become a wholly owned subsidiary of Besso Holdings, following the recent takeover of the London market broker
02 June 2011
Munich Re looks west
Munich Re is continuing to eye M&A opportunities in North America following its 2008 purchase of the Midland Company
02 June 2011
NZ II quake loss likely to top $12bn
Losses from February's New Zealand earthquake threaten to climb above $12bn as more (re)insurers put out loss reserving levels for the disaster
02 June 2011
Torus bids to buy Sagicor Lloyd’s insurer
The private equity-backed energy specialist Torus is a frontrunner in the auction to acquire the Sagicor Lloyd's syndicates, The Insurance Insider understands
02 June 2011
Petrobras loss takes 2011 major energy loss tally over $2bn
The specialist international energy sector is counting the cost of over $2bn in major man-made losses so far this year
02 June 2011
Whittington holding out for $50mn
Tawa and Stone Point head the shortlist for Lloyd's turnkey provider
02 June 2011
Place your bets as storm season begins
The 2011 Atlantic windstorm season officially opened on the 1 June, with meteorologists again predicting a stormy season
02 June 2011
Q2’s US nat cat tally the worst for over 30 years
With a third of the quarter left to run, (re)insurers are looking at a Q2 industry loss range of around $11bn-$13bn from the devastating tornadoes that swept across the central and southern US in April and May
02 June 2011
Omega race has many runners but no sign of a winner
Novae joins the list of potential suitors in the data room
02 June 2011
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