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QBE snaps up Secura at premium in EUR267mn deal
Ever-expansive insurer pays around 1.3x book to capture the up-for-sale mid-tier European reinsurer
08 July 2010
So how much is Brit really worth?
The Insurance Insider's exclusive analysis concludes what Brit's real net asset value is...
08 July 2010
Brit shares find mid-point on £800mn+ buy-out talks
As negotiations between Brit Insurance and Apollo reach a climax, the UK's insurer's share price settles at an intriguing mid-point, suggesting an offer of around 1,075p would swing the deal
08 July 2010
Macquarie gives 16 July deadline for Quinn interest
Potential buyers in troubled Irish insurer Quinn Insurance are given until 16 July to express their formal interest by Macquarie Capital
08 July 2010
Solvency II: Mercantilist motives?
The Insurance Insider suspects that Solvency II will become a bargaining chip for Europe in trade talks. Perhaps it is no wonder that some Bermudian (re)insurers are establishing European platforms...
08 July 2010
Lloyd’s H1 profits appear thin as losses mount
As the reporting season is poised to begin, The Insurance Insider predicts that many Lime Street combined ratios will be near 100 percent following a brutal first half
08 July 2010
RI3K gets capital injection as discussions continue
Climate Exchange - the carbon trading platform sold last month for £350mn - has injected capital into the loss-making reinsurance trading platform as talks to secure its future continue
08 July 2010
Swett & Crawford challenged by Aon dependency hurdle
Aon is Swett's largest customer - by a long way - which means the broking giant plays a pivotal role in the merger talks between the US wholesaler and Cooper Gay
08 July 2010
Brokers looking to insurers for new revenues
The soft market, squeezed margins and the less treacherous regulatory waters are encouraging brokers to come up with new schemes to extract money out of insurers. They may not be contingents but concern is growing over these "off-slip" arrangements
08 July 2010
Xchanging acquires more US business
Expansive business outsourcer Xchanging has acquired contract renewals, including workers' compensation contracts and medical claims processing services, from a number of its existing customers in the Americas region.
08 July 2010
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