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Ozizmir joins Trading Risk Awards panel
Dan Ozizmir, convergence market rainmaker and former Swiss Re Capital Markets (SRCM) head, has joined the judging panel for the Trading Risk Awards 2010.
06 October 2009
Stopgap cover buoys ILW market
Industry loss warranty (ILW) buyers are returning to the market after a very quiet trading season, seeking cheap stopgap cover for the remainder of 2009, according to broker-dealers.
06 October 2009
Ironshore, CV Starr grow US footprint
Expansive insurers Ironshore and CV Starr have continued to build out their platforms in the US.
06 October 2009
Torus gets in Urry to grow liability book
Fast expanding insurer Torus has taken Simon Urry from Markel International as senior casualty underwriter in its London offshore energy team...
06 October 2009
Swiss Re launches $250mn Mexican disaster bond
Swiss Re has launched a three-year $250mn Mexican wind and earthquake cat bond, as first predicted by our sister publication Trading Risk.
06 October 2009
Lloyd's posts 91.6% CR; review set for Q1 2010
Lloyd's declared pre-tax profits for the market of £1,322mn for the first half of 2009, up 39 percent on the previous year.
06 October 2009
Lloyd's insurers scale back growth plans
Although it looks inevitable that Lloyd's will begin next year with its highest ever aggregate capacity, the dawning reality that many (re)insurance rates will be flat-to-down in 2010 has provoked Lloyd's syndicates to moderate their expansion plans.
06 October 2009
Greenberg invests in TigerRisk
Jeffrey Greenberg's private equity firm Aquiline Capital Partners has made an undisclosed investment in Rod Fox-headed TigerRisk to support the US reinsurance broker’s continued growth.
06 October 2009
Bumper Q3 brings capital question to the fore
(Excess) capital is back. Should the industry follow Munich Re’s lead?
06 October 2009
Lloyd's BBB wording under attack
A group of Mexican investors who claim they lost their life savings through disgraced Stanford International Bank (SIB) have taken action against six Lloyd’s syndicates, alleging that SIB's Bankers Blanket Bond (BBB) policy covers their $6mn loss.
06 October 2009
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