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Duperreault says capital management is key; Marsh restructuring 'done'
The theme of managing capital and the role of (re)insurance took centre stage during a lecture by Brian Duperreault, the CEO of MMC, speaking at the Monte Carlo Rendez-Vous last week.
14 September 2009
Longevity swap market could grow to £10bn
The longevity swap market is "poised to grow" to £5-10bn in several years...
14 September 2009
London and Bermuda facing scrutiny by academic
The two tribes of the (re)insurance jungle - London and Bermuda - are being examined in an innovative research project that will explore their behavioural and cultural differences.
14 September 2009
NY proposes new rules on broker transparency
The New York Insurance Department is proposing a new Producer Compensation Transparency Regulation that would require brokers to notify insurance consumers of their right to request information on compensation.
14 September 2009
Brit in talks to form reinsurer Norton III
Brit Insurance, the UK-listed (re)insurance group, is again approaching investors about relaunching its Bermudian-based reinsurance sidecar-style vehicle, Norton Re.
14 September 2009
Resolution eyes non-life opportunities
Financial services-focused acquisition vehicle Resolution may target a general insurer as part of its European expansion strategy, according to reports citing chief executive John Tiner.
14 September 2009
WR Berkley raids rivals to build out Lloyd's platform
WR Berkley is continuing to build out its nascent Lloyd's platform with underwriting appointments in its commercial property and contingency business.
14 September 2009
Munich Re streamlines global brands
Munich Re will ensure all its reinsurance units trade under the uniform brand of Munich Re...
14 September 2009
Prosecutors prepare to indict AIG's Cassano: reports
Federal prosecutors are readying a grand jury to consider whether to indict American International Group (AIG)’s former head of Financial Products (AIGFP) Joseph Cassano, according to the Wall Street Journal.
14 September 2009
Geithner says time to wind down TARP; defends AIG bailout
US Treasury Secretary Tim Geithner told a congressional panel that the $700bn support that the federal government put in place for the US financial system "must begin winding down".
14 September 2009
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