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  • 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.
  • Expansive insurer Torus Holdings has hired the former managing director of Hiscox Europe, Marc van der Veer...
  • 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.
  • 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.
  • 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...
  • 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.
  • 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.
  • 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.
  • Lloyd's insurers delivered broadly impressive half-year figures, with improved investment performance bolstering strong combined ratios.
  • 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.