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  • XL China subsidiary opens; Irish take downgrade hit; Brown & Brown take First Horizon; Aviva's Espana prop-up...
  • All underwriters (and investors) know that the only way to make serious money in any market is to be a contrarian.
  • UK composite insurer Aviva is set to return to the London market after an 11-year absence by establishing a new unit that is aiming to generate £1.8bn in premium income within three years, The Insurance Insider understands
  • Welcome to The Insurance Insider's Legacy Barometer 2011. For the third successive year we have taken the definitive pulse of the global P&C legacy sector in its annual survey.
  • Run-off specialist Tawa has created a Bermudian special purpose insurance vehicle to provide reinsurance cover to Pennsylvania National Mutual Casualty Insurance Company for lead paint exposures stemming from the 1990s
  • Record first quarter catastrophe losses and changes to the RMS US hurricane model were insufficient to turn the softening reinsurance market, according to Aon Benfield
  • The US coast may receive more of a battering from hurricanes this year after getting off lightly in an active 2010 season, according to AccuWeather.com Hurricane Center meteorologists.
  • BP Marsh & Partners and London market stalwart Michael Wade have completed a deal to take a combined majority stake in London market broker Besso, as first predicted by The Insurance Insider
  • Privately held Bermudian reinsurer Ariel Re has revealed that it expects to take a net $35mn-$50mn hit from major losses in the first quarter
  • Berkshire Hathaway shares were down by 2.2 percent in trading today (31 March) after the investment conglomerate revealed that David Sokol, one of CEO Warren Buffett's chief lieutenants and potential successors, had stepped down.