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Competing energy facilities ‘cancelling each other out’
The flurry of competing initiatives launched after last year's Macondo oil well disaster in the Gulf of Mexico have only succeeded in cancelling each other out
02 June 2011
The lion king
The Insurance Insider peers into the undergrowth of the M&A jungle to look at the hunters and the hunted on Lime Street
02 June 2011
Chartis latest to cut back on onshore US excess casualty capacity
Chartis has become the latest carrier to scale back on excess casualty capacity for offshore energy
02 June 2011
Transocean renews up 10%
Despite assertions that offshore energy liability coverage is tightening severely, one of the sector's most high profile renewals has passed off with only a relatively modest premium increase, The Insurance Insider has learned
02 June 2011
Cheap reinsurance fuels strong offshore energy results
The offshore energy sector has posted a profit for every year bar 2005 after being buoyed by canny reinsurance purchasing
02 June 2011
TSM the latest to raise ‘for sale’ sign on Lime Street
TSM Agency is the latest Lloyd's insurer to put itself up for sale a mere 18 months after launching the specialist engineering Syndicate 1110, The Insurance Insider can reveal
02 June 2011
TWIA pays price with $636mn reinsurance return
The Texas Windstorm Insurance Association (TWIA) has ended up paying around 16 percent rate-on-line (RoL) for cover that cost just 9.5 percent RoL when it last bought private reinsurance in 2008, The Insurance Insider understands.
02 June 2011
Validus launches $180mn AlphaCat Re 2011 sidecar
Validus Holdings has become the latest reinsurer to launch a post-Japan sidecar targeting collateralised reinsurance and retro business with the $180mn AlphaCat Re 2011
02 June 2011
Aon slashes US wholesale panel to just two
Aon has followed up its anti-wholesaler action in the London market last year by paring back its approved US wholesalers to just Ryan Specialty Group and AmWINS
02 June 2011
Florida cat reinsurance rates up 10-15%
As expected, cat underwriters succeed in pushing through broad rate increases at the pivotal 1 June Florida renewals. The Insurance Insider provides comprehensive analysis of this $3.5bn market...
02 June 2011
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