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  • Shelbourne CEO steps down; LMA and Xchanging agree to simplify premium settlement; Matanle 'FSA approved'...
  • Hartford hires new CEO; restocks after Arch raid; Glaser's wait doubles; MMC up 33 percent in 3 months; Contingent capital comeback...
  • Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP.
  • The Bermuda Monetary Authority (BMA) is enhancing insurance regulation in a push to become the ILS jurisdiction of choice.
  • Fast expanding insurer Torus has taken Simon Urry from Markel International as senior casualty underwriter in its London offshore energy team...
  • A return to charging contingent commissions could net MMC more than $250mn a year, according to estimates.
  • At £161.5mn, the amount of syndicate capacity traded in the annual Lloyd's auctions last month was up modestly on 2008's £134mn, even if it reflects less than 1 percent of the market's total capacity (2009 aggregate capacity is widely thought to be about £17bn).
  • The run-off industry will again look to Scotland later this month to see whether the confusion created by last month's shock Scottish Lion decision becomes clearer after a case management conference, currently scheduled for the 12 October.
  • Guy Carpenter has agreed to buy London-based reinsurance broker Rattner Mackenzie Ltd only weeks after the HCC-owned firm saw its key political risks/trade credit team resign.
  • Global stocks play catch up with (re)insurers; Multiples begin recovery; Lloyd's continues to enjoy premium