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  • AJ Gallagher's London operation confirmed it has hired the trade credit team that defected from former HCC-owned broker Rattner Mackenzie before the entity was sold to Guy Carpenter - a move first revealed by The Insurance Insider.
  • Typhoon Melor has caused substantial disruption to a number of companies in Japan, after making landfall on 8 October near the city of Nagoya, with winds of 139 kph (86 mph).
  • North American commercial property and casualty insurance renewals are still at "deeply depressed rates", according to the latest Risk and Insurance Management Society (RIMS) Benchmark Survey of Q3 activity.
  • Verisk Analytics - the holding company for the family of risk analysis and assessment firms that includes ISO and modelling firm AIR Worldwide - has staged a successful initial public offering (IPO) of shares.
  • An unimpressed Buffy sees third party capital on the rise in 2010...
  • Four ex-General Re executives have reached settlements in the civil action over a sham finite reinsurance transaction involving the Berkshire Hathaway-owned reinsurer and American International Group (AIG).
  • Despite the uncertainty thrown up by the Scottish Lion ruling, administrator PricewaterhouseCoopers is pushing ahead with the proposed solvent scheme of arrangement for Minster Insurance Company.
  • The scheme of arrangement for insolvent UK insurer Folksam that was first recommended in 2002 is set to be formerly proposed to creditors "within weeks", The Insurance Insider understands.
  • Mining conglomerate BHP Billiton - which experienced heavy losses in 2008, primarily as a result of flooding in Australia - has decided to self-insure for property and business interruption risks.
  • Expansive insurers Ironshore and CV Starr have continued to build out their platforms in the US.