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  • International digest
    US P&C rates continue to fall in soft market; Berkshire lukewarm on cat; Ambac files for Chapter 11; QBE underwriting chief; Marine follows Bender
    11 November 2010
  • London digest
    Reinsurers weigh up UK motor quota share; QBE reinsurance rejig; Pensions shadow Miller; Lancashire picks Whelan; Russia with Lloyd's
    11 November 2010
  • UK platforms of merged brokers lose CEOs after Stateside tie-ups
    Two senior broking executives have left Cooper Gay and Colemont Global Group as the organisations readjust following their mergers with US-based wholesale brokers.
    11 November 2010
  • Aon ‘laptop in the pond’ settlement ends another London hiring spat
    Aon's out-of-court settlement of its "laptop in the pond" poaching dispute with Marsh ended the prospect of another acrimonious and protracted legal wrangle
    11 November 2010
  • Brokers poised for £2.5mn poaching verdict
    London market brokers Tysers and Lonmar Global Risks are counting the days until a UK court verdict on a £2.5mn poaching case.
    11 November 2010
  • Arbitration defeat threatens Florida’s Royal Palm
    The future of Royal Palm Insurance has been cast into doubt after an acrimonious dispute with its founder Wallace "Locke" Burt ended in a $28mn arbitration defeat.
    11 November 2010
  • Defence costs eat into Lehman Brothers $250mn D&O cover
    Failed investment bank Lehman Brothers' $250mn directors' and officers' (D&O) liability programme is rapidly being eroded by defence costs as the firm's bankruptcy filing rumbles on.
    11 November 2010
  • New York call for capital markets innovation
    The ILS sector must innovate to compete with traditional players as the two markets encroach on each others' territory, according to speakers at the annual Trading Risk New York gathering last month.
    11 November 2010
  • Top Layer Re sidecar promoted to stable
    Standard & Poor's (S&P) has posted a stable outlook on State Farm and RenRe's $100mn joint venture sidecar-style transaction Top Layer Re, matching a recent action on State Farm.
    11 November 2010
  • Scor targets ILS with $100mn for Atropos fund
    Scor is the latest (re)insurer to set up its own insurance-linked investment fund, setting aside $100mn of seed capital for a dedicated fund that will be known as Atropos.
    11 November 2010
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