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PwC’s Schwarzmann says more schemes are expected
PricewaterhouseCoopers partner and run-off tsar Dan Schwarzmann has predicted the continued popularity of schemes of arrangement in the UK legacy market
09 March 2011
Novae puts US liabilities to bed
Novae Group confirmed plans to exorcise its past US casualty reinsurance liabilities dating back from 2002
09 March 2011
Compre sold to private equity firm
Private equity's enthusiasm for run-off P&C assets has continued with Milestone Capital Partners acquiring Scandinavian legacy specialist Compre
09 March 2011
Capita in Lloyd’s RITC deals
Capita has reinsured Syndicate 340 in a Berkshire Hathaway-backed deal
09 March 2011
No end for Ireland’s low corporation tax
The new Irish government has pledged to keep corporation tax at 12.5 percent, despite growing pressure from some of its European partners to raise taxes
09 March 2011
Obama budget provokes lobbying war
An offshore tax deduction "loophole" may be closed...
09 March 2011
Amlin shores up Leadenhall capital stake
Amlin has increased its investment in insurance-linked securities (ILS) funds managed by Leadenhall Capital Partners to $111.9mn in 2010
09 March 2011
Cold-spot ILW market grows to $170mn on NZ quake II
Almost $50mn of additional "cold-spot" industry loss warranties (ILWs) have traded in 2011 in the wake of losses in Australia and New Zealand, Trading Risk has learned
09 March 2011
Cat bond issuance nears $1bn
A strong start to the year for the convergence market
09 March 2011
UK compensation reform to progress within weeks
The UK Ministry of Justice expects progress within weeks on Lord Young's recommendations for reforming the health and safety requirements that insurers place on small businesses and the voluntary sector
09 March 2011
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