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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
Torus launches specialty unit with ex-Hiscox exec
Expansive insurer Torus Holdings has hired the former managing director of Hiscox Europe, Marc van der Veer...
14 September 2009
WR Berkley: US P&C industry headed for operating loss in 2010
The US P&C industry is bearing towards an operating loss on an underwriting year basis in 2010, according to WR Berkley chairman and chief executive William Berkley.
09 September 2009
Powell leaves GCFac for rival Willis
Hugh Powell, the head of GCFac's Latin American operations, has resigned from the facultative arm of reinsurance broker Guy Carpenter to join rival Willis, our sister publication Inside FAC revealed this morning.
08 September 2009
International digest
Everest Re's Gallagher to retire; ILS returns fall 60% year-on-year; Allianz settles all WTC claims with NY Port Authority; Munich Re to bear brunt of $200mn RusHydro loss; Rating agencies clash on reinsurance outlook...
07 September 2009
Alea falls to heavy loss on investments
Run-off (re)insurer Alea Group booked a net loss of $44.7mn in the first six months of 2009, compared to the small profit of $819,000 in the first half of 2008.
07 September 2009
R&Q continues expansion with RK Carvill deal
Expansive UK run-off acquisition firm Randall and Quilter (R&Q) has grown its broker services division by purchasing the discontinued operating subsidiaries of reinsurance broker Carvill Group.
07 September 2009
Bidders vie for Swiss Re P&C run-off unit
A shortlist of bidders have entered the final stages of a tender process for Swiss Re's UK run-off unit Pro Insurance Solutions (Pro), The Insurance Insider understands.
07 September 2009
EC3 insurers impress on H1 combined ratios
Lloyd's insurers delivered broadly impressive half-year figures, with improved investment performance bolstering strong combined ratios.
07 September 2009
Fac Pool Re drives peril diversification
Hannover Re continued its pioneering ILS legacy with the launch of its $60mn sidecar-style vehicle Fac Pool Re - the first dedicated, securitised facility for facultative exposures.
07 September 2009
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