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End in sight for Starr wars saga
Developments at the turn of the month moved Maurice "Hank" Greenberg closer to ending his long-running legal battles with American International Group (AIG).
07 September 2009
CTC cuts Axiom headcount
UK insurance services provider Charles Taylor Consulting (CTC) confirmed a 10 percent cut in the headcount at Axiom - which had 143 employees in London at the time of its acquisition in May.
07 September 2009
Schemes face Scottish day of destiny
US law firm Covington & Burling is marshalling objections to the UK method of closing run-off (re)insurers, with all eyes on Scottish Lion...
07 September 2009
Capital requirements on the rise
Despite (re)insurers' best attempts to persuade policymakers and regulators they are not banks, the zeitgeist is towards ever-higher capital ratios which could impact margins.
07 September 2009
Aon Benfield content with first year; defections managed but 2010 may be real test
A year ago, Aon's imminent tie-up with Benfield was the chief topic of conversation. The Insurance Insider examines whether the broking leviathan has retained its prime accounts and star performers..
07 September 2009
Global reinsurance body launched at Monte Carlo
An 11-strong group of reinsurers containing eight of the top ten global reinsurance groups and Lloyd's of London has used the Rendez-Vous to launch a worldwide body to represent the industry with a unified voice.
07 September 2009
Inflationary fears grow
Rising public spending deficits - especially in the US and UK - together with global quantitative easing strategies have put the prospect of future inflation firmly onto the agenda at the Monte Carlo Reinsurance Rendez-Vous.
07 September 2009
Reinsurance rates set to remain flat: Guy Carpenter
Absent a major loss event, signs are pointing to a flat reinsurance renewal season in January 2010, broker Guy Carpenter's new vice chairman Richard Booth told a briefing during the Monte Carlo Rendez-Vous.
07 September 2009
Duperreault says new approach needed on disclosure
While MMC would welcome a formal 'sun-setting' of the so-called Spitzer agreements that included the ban on contingent commissions, president and CEO Brian Duperreault said he would welcome further guidance from US regulators.
07 September 2009
Briefings
Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP.
07 September 2009
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