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Amlin closes down US platform
Lloyd's insurer Amlin has closed down its US platform after less than two years in business, The Insurance Insider can reveal
17 August 2010
RSA's £5bn+ Aviva play 'unlikely to succeed'
RSA's £5bn all-cash offer for Aviva's UK, Irish and Canadian general insurance businesses is a "bold move" but "ultimately unlikely to succeed", according to a number of analysts
17 August 2010
Chartis leads Aon-broked $30mn Colombian jet crash cover
Chartis is the lead on the $30mn hull cover for a passenger plane that broke in two while landing in Colombia, The Insurance Insider can reveal.
16 August 2010
People moves
Keogh promoted to vice chairman at Ace...
16 August 2010
FSA exodus could leave Solvency II ‘rudderless’
The timetable for introducing Solvency II has been called into question as large numbers of staff leave UK regulator the Financial Services Authority (FSA) ahead of its abolition.
16 August 2010
US pollution capacity concerns linger
Concerns are being raised that capacity in the traditional energy market will not be enough to meet future requirements.
16 August 2010
Manning boosts Guy Carpenter Bermuda operations
Reinsurance broker Guy Carpenter has boosted its Bermuda team by signing up ex-Deutsche Bank convergence executive Erik Manning, confirming reports from sister publication Trading Risk that tipped the island as Manning's next destination.
16 August 2010
2010 cat bonds to reach $4-$6bn
Catastrophe bond issues may now reach $4bn-$6bn for 2010 after a bumper second quarter, according to revised forecasts from broker Guy Carpenter.
16 August 2010
Ace leads $360mn Jeddah loss
Ace Group is understood to lead the estimated $360mn Saudi Arabian Airlines warehouse loss, which is the largest aviation claim so far this year.
16 August 2010
‘QE-lite’ Fed package will squeeze profits
The Federal Reserve's latest economic stimulus measures threaten to extend low interest rates and put further pressure on P&Cinsurers' profits, stockbroker Collins Stewart has warned.
16 August 2010
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