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  • Kansas-headquartered Lockton has formed a strategic partnership with major German broker the Funk Group.
  • The Russian cargo plane IL-76 that crashed shortly after takeoff from Karachi Jinnah International Airport in Pakistan on 28 November was not insured in the London market, sister title Inside FAC understands.
  • An antenna glitch on a SkyTerra 1 mobile communications satellite threatens to cost the niche space insurance market up to $268mn, our sister title Inside FAC understands.
  • Aon Benfield has estimated losses from European windstorms over the last three years at around EUR6.2bn, warning that even bigger hits are possible in future due to increased spending on insurance.
  • Aviation insurers will fail to make a return for the fourth year running following last month's estimated $70mn+ Qantas A380 loss.
  • Total insured losses from the Atlantic hurricane season will be less than $500mn, despite the formation of the second highest number of hurricanes since records began.
  • Insured losses from natural catastrophes and manmade disasters total $36bn in 2010 so far - up 34 percent on last year - according to Swiss Re's Sigma team.
  • Attention is shifting onto Continental Airlines' historic aviation liability insurance programme after a Paris court ruled today (6 December) that it was "criminally responsible" for the fatal crash of a Concorde jet a decade ago.
  • Beazley is understood to lead the property programme for Pike River Coal, the operator of the New Zealand mine that exploded and killed 29 men, sister publication Inside FAC has revealed.
  • US-based P&C reinsurers' underwriting profits more than halved from $703mn to $304mn in the first nine months of 2010, according to data compiled by the Reinsurance Association of America (RAA).