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  • Post-Japan sidecars are being built to a markedly different design specification than the models that rolled off the production line in 2005-06 after hurricanes Katrina, Rita and Wilma.
  • Tawa and a competing private equity bid have emerged as the frontrunners to buy the leading Lloyd's turnkey provider Whittington Group, The Insurance Insider can reveal.
  • London market and international business processor Xchanging has unveiled plans to restructure its UK insurance businesses.
  • Lloyd's takeover target Chaucer is still considering opportunities to detangle itself from its credit crises legacy liabilities that sit in its open year Syndicate 4000, The Insurance Insider can reveal.
  • Lloyd's run-off specialist RITC Syndicate Management (RSM) has rejected sale approaches and is concentrating on building the business.
  • Marsh's US operation has filed a lawsuit against rival broker Krauter & Co and two former employees alleging that they have unlawfully been soliciting Marsh clients in violation of a non-compete agreement.
  • International (re)insurers should be vigilant in ensuring they understand the full extent of their liabilities under Japanese law, London law firm Reynolds Porter Chamberlain LLP (RPC) has warned.
  • Legislation aimed at reforming the National Flood Insurance Program (NFIP) could provide a source of growth for (re)insurers.
  • UK insurers will be required to ask more relevant questions when issuing policies to consumers under proposals outlined in a new bill before the UK parliament.
  • Florida's Governor Rick Scott has given his official imprimatur to a bill that aims to strengthen the private insurance market in the Sunshine State.