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Madoff investors seek class action against SIPC
A group of investors defrauded by Bernard Madoff's infamous Ponzi scheme have opened a new legal avenue in an attempt to recover their losses.
04 March 2010
Stanford insurance arguments thrashed out in appeal court
It was another eventful month of legal fall-out from Stanford Financial Group's (SFG) alleged $7bn+ Ponzi scheme...
04 March 2010
Trading Risk briefs
RenRe braced for capital markets threat; P&C reinsurers continue life and longevity foray; IFEX signs Kusay for marketing drive
04 March 2010
Capital markets offer stable capacity: TR survey
At the start of 2010 the convergence market was in optimistic mood, tempered with realism over the steps still needed to fulfil the market's potential.
04 March 2010
Ex RenRe duo head Soros-backed cat fund
Former RenaissanceRe executives Bill Riker and Michael Cash have completed their first collateralised reinsurance transactions for Q Re (Bermuda) Ltd - a new, class 3 Bermudian reinsurer backed by legendary investor George Soros.
04 March 2010
Independents eye legal challenge to NY disclosure rule
The final version of the New York Insurance Department's producer compensation disclosure regulation may not get a smooth ride...
04 March 2010
Ryan rides again with Specialty Group
The founder and retired executive chairman of Aon Corporation, Pat Ryan, is back with new managing general agent (MGA) Ryan Specialty Group, but it is early days for the financial lines start-up...
04 March 2010
Broking briefs
Aon names Unionamerica; Windsor knot; Keeling's cull
04 March 2010
Gallagher poised for FirstCity takeover
Negotiations continue over AJ Gallagher's proposed takeover of broker FirstCity Insurance Group Limited (FCIG), with senior sources revealing that it still hopes to clinch the deal this month.
04 March 2010
EC3 brokers look to award early bonuses
A number of Lloyd's brokers will award bonuses early to dodge the UK tax rate rise for those earning more than £150,000 a year, which starts next month, The Insurance Insider can reveal.
04 March 2010
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