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Validus in Ariel acquisition talks
Bermudian reinsurer Validus is in advanced takeover talks with privately held class of 2005 reinsurer Ariel, The Insurance Insider revealed last week.
14 February 2011
Ironshore top line surges to $1.2bn in 2010
Bermudian Ironshore has trebled its size in the last two years to book gross written premiums of $1.2bn in 2010, The Insurance Insider can reveal.
14 February 2011
Lloyd’s insurer Jubilee put up for sale
Ryan Specialty Group and acquisitive Lloyd's (re)insurer Canopius are among the companies involved in an auction process that will decide the future ownership of independent Lloyd's insurer Jubilee Group, The Insurance Insider can reveal.
14 February 2011
Towergate pulls off £1bn+ refinancing coup
Debt-laden broker acquirer Towergate Partnership has silenced its critics by successfully pushing ahead with a refinancing exercise that combines £930mn of new debt and £200mn of new equity.
14 February 2011
This canary needs a post mortem
Last week's vast $4.1bn reserving charge at AIG was immediately seized as evidence that the end is nigh for this US P&C soft market cycle and that pricing will be rising by 2012.
14 February 2011
Reserve releases drive outperformances
As attention turns towards continental Europe's reinsurance giants, the picture from US, Bermudian and early Lloyd's reporters is of marginally better-than-expected Q4 results but grim prospects for the start of 2011
14 February 2011
IAG profits hit by Equity Redstar losses again
Insurance Australia Group (IAG) has issued a profits warning covering the six months to 31 December 2010 after it suffered a further A$121mn loss from Lloyd's motor insurer Equity Redstar
14 February 2011
Freddie and Fannie proposals could reshape US cat market
The Obama administration has today (11 February) laid out proposals for winding down mortgage giants Freddie Mac and Fannie Mae that could significantly increase demand for earthquake (re)insurance and reshape the wider US cat market
11 February 2011
Validus in Ariel takeover talks
Bermudian reinsurer Validus is in advanced takeover talks with privately held class of 2005 reinsurer Ariel, The Insurance Insider can reveal
11 February 2011
Novae parts company with Matson
Lloyd's (re)insurer Novae Group is to part company with its group chief underwriting officer Peter Matson
11 February 2011
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