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International digest
Ryan acquires Oakbridge; Zurich CR drive; Byrne's Flagstone farewell; Ace's AA- upgrade; Norway $1.66bn IPO...
15 December 2010
London digest
Towergate confirms second tilt at refinance; Nutt's M&A warning; London's record growth; Novae capital return; Leathem to Scor...
15 December 2010
Legacy news in brief
Tawa bolsters US platform with tie-up; UK courts give Tokio Marine Europe scheme leave to convene; Alea's Christmas Eve farewell to London Stock Exchange listing; Sluggish run-off holds back Charles Taylor
15 December 2010
Legal news in brief
No Chubb review for Travelers from US court; Lloyd's in Stanford fees costs wrangle
15 December 2010
Lonmar settles costs in Tysers poaching case
Broker Lonmar Global Risks has reached a cash settlement with fellow London independent Tysers for court costs arising from a 12-day staff poaching trial that ended with all of its claims being dismissed
15 December 2010
New York court backs disclosure
A New York court has given clearance to new state insurance regulations requiring brokers to fully disclose their compensation details to clients.
15 December 2010
Political risk insurers may benefit from BTA freezing order
A UK court has placed $4bn of Kazakhstan billionaire Mukhtar Ablyazov's fortune into receivership, as he prepares to fight embezzlement claims relating to his time as head of Kazakhstan bank BTA
15 December 2010
GoshawK syndicate set for 2011 RITC closure
R&Q wins tender to close controversial Lloyd's syndicate that dabbled in esoteric risks such as viatical insurance and collapsed onto the Central Fund
15 December 2010
UK tax change boost
Confirmation of changes to UK controlled foreign company (CFC) tax rules ahead of fuller reform in 2012 were cautiously welcomed last month as a way of improving the UK's attractiveness to (re)insurers.
15 December 2010
Bailed-out AIG haunts ‘we are not banks’ argument
Some two years after AIG had to be propped up by US taxpayers, the insurance industry is still fighting off the negative associations it caused.
15 December 2010
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