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  • The UK's largest motor insurer, Royal Bank of Scotland Insurance (RBSI), is preparing for a multi-billion pound corporate restructuring in advance of a sale process likely to take place in 2012.
  • Large industrial and other facultative-style insured losses from the Chilean earthquake already total $2.3bn, according to gross reserve figures compiled by Lloyd's during a fact-finding mission last month, The Insurance Insider can reveal.&
  • Fears are growing that insured losses from February's devastating Chilean earthquake are set to soar above and beyond the top end of current industry estimates. As such, second quarter results - which will start to trickle through from US/Bermudian (re)insurers and Lloyd's and European reinsurers later this month
  • As the H1 results season kicks off in earnest next week, top and bottom line figures are expected to be buffeted by the headwinds of the soft market, unseasonably high cat losses and sluggish investment performance.
  • Aon Consulting is to merge with Hewitt Associates, creating a $4.3bn revenue global human resources consulting giant that will be branded as Aon Hewitt.
  • Large industrial and other facultative-style insured losses from the Chilean earthquake already total $2.3bn, according to gross reserve figures compiled by Lloyd's during a fact-finding mission last month, The Insurance Insider can reveal.
  • Global specialty insurer Ace added 5 percent to its share price in trading on Friday (9 July), as the stock was buoyed by the announcement that it would rejoin the Standard & Poor's (S&P) 500 share index.
  • Many practitioners in the legacy industry would agree that continental Europe represents a new frontier for run-off opportunities. The question is how to unlock this business. IQ's legacy supplement caught up with senior market practitioners to explore the gulf between attitudes to run-off in the UK and Europe, as well as opinions on Solvency II, schemes of arrangement and diversification...
  • A tumultuous 12 months in both the live and legacy markets made for a dynamic and lively debate at the 2010 The Insurance Insider legacy roundtable, which coincided with the annual R&Q Commutations Rendez-Vous in Norwich. This thought-provoking debate makes for essential reading for anyone wishing to stay up to date on the key issues occupying the legacy sector's business leaders of today...
  • London-headquartered international broker Cooper Gay and US wholesaler Swett & Crawford have agreed to merge into an entity handling $3.5bn in premiums after a month of intensive negotiations