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Bolt reignites broker remuneration tensions
The simmering tensions between some brokers and insurers risked spilling into open hostilities during April as arguments again erupted over broker remuneration.
06 May 2011
Brazil opposition continues despite backtrack
International insurance groups continue to oppose recent Brazilian government legislation that restricts global reinsurers' ability to write business from the country.
06 May 2011
Cat bonds build to US wind season
It has been a steady start to the second quarter for cat bond sales, with three repeat offers coming to market.
06 May 2011
Liberty Mutual in $1.5bn AIG challenge
Liberty Mutual is blocking a proposed settlement between American International Group (AIG) and other insurers related to alleged under-reporting of AIG workers' compensation premiums.
06 May 2011
Cooper Gay falls to small loss post-merger
Wholesaler Cooper Gay Swett & Crawford suffered pre-tax losses of $8.5mn in 2010 as it reported for the first time as a combined entity.
06 May 2011
RMS model whips up S&P cat bond storm
RMS has called for S&P to take a multi-model view on rating cat bonds after the latter announced plans to review a group of bonds under the modelling agency's new hurricane model.
06 May 2011
Hyperion makes PI purchase
As Cooper Gay announced its results, fellow privately held IPO candidate, broking and MGA group Hyperion was unveiling its latest acquisition.
06 May 2011
Japan cat bonds in limbo as Muteki triggers
Prices on the Muteki cat bond for Japanese carrier Zenkyoren have plummeted in the secondary market after ratings agency Moody's warned it was set to be a complete loss to investors.
06 May 2011
Revolving door spins hard in brokers’ spring
It has been busy month in the broking word as many switched allegiances and reshuffled their management teams.
06 May 2011
Q1 cats draw ‘growth’ investors to P&C
The prospect of changing market conditions for US and Bermudian P&C (re)insurers appears to have brought a subtle shift in the sector's investor base this year towards institutions focused on "growth" rather than "value" strategies.
06 May 2011
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