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  • 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).
  • Guy Carpenter's European arm has secured a number of high profile account wins, The Insurance Insider can reveal.
  • The season of mists and mellow fruitfulness is also yielding a bountiful harvest of legacy transactions, not least with the sale of two prominent run-off entities.
  • 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.
  • Are recent transactions part of a wider trend, or are the PartnerRe-Paris Re and Validus-IPC Re tie-ups in the summer a couple of exceptions that prove the rule?
  • Deutsche Bank is developing an equity-based insurance-linked instrument that would provide (re)insurers with an alternative to cat bonds and sidecar vehicles, The Insurance Insider understands.
  • 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).
  • The Bermuda Monetary Authority (BMA) is enhancing insurance regulation in a push to become the ILS jurisdiction of choice.
  • 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.
  • A return to charging contingent commissions could net MMC more than $250mn a year, according to estimates.