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  • London calling for Heath Lambert;
  • Partner reshuffle after Benchimol departure;
  • The new $3.5bn-premium international broker created by last week's merger between Cooper Gay and Swett & Crawford will domicile its holding company in the UK, The Insurance Insider has learnt.
  • The rivalry between Aon and Marsh stepped up a gear today following the news that Aon Consulting will merge with its larger competitor Hewitt Associates to create a $4.3bn revenue global human resources (HR) consulting giant.
  • Longevity swap volumes have reached £4.3bn this year, after Goldman Sachs subsidiary Rothesay Life signed up to insure £1.3bn of pension liabilities for a British Airways (BA) defined benefit scheme.
  • French insurance giant Axa has re-approached the capital markets with its fourth motor insurance securitisation, issuing EUR97.9mn in the latest Series D notes from its Sparc Europe shelf facility.
  • French firm Scor has joined the list of reinsurers targeting the emerging market for longevity risk swaps, as pension funds face up to uncertainties around life expectancy data.
  • An exceptionally heavy first half for earthquakes and storms has generated a record $22bn of insured losses from natural catastrophes, according to figures compiled by Munich Re.
  • The latest research from reinsurance broker Guy Carpenter has confirmed continued symptoms of possible rating and reserving inadequacy in the US property and casualty (P&C) insurance sector.
  • UK regulator the Financial Services Authority (FSA) last week banned three insurance executives who defrauded Markel International Insurance and QBE (Europe) in 2005 while acting as coverholders for surety bond business.