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Sun sets on Spitzer: Insider Comment
The so-called 2005 Spitzer agreements may have only one more year to go, but they have already been significantly overhauled.
11 August 2009
Lloyd's insurer looks to form reinsurance arm
Novae Re to target Continental European business.
11 August 2009
European giants target life opportunities
Hannover Re is continuing to target growth in its life reinsurance business and expects to seal the acquisition of at least three new portfolios by the end of the year.
11 August 2009
Brokers trade up on Illinois contingent move
The share prices of the big three brokers were clearly influenced after the decision by Illinois regulatory authorities to allow AJ Gallagher (AJG) to again negotiate contingent commissions.
11 August 2009
Apollo and Libero target Lloyd's market
Apollo Management, the US alternative investment giant, is in talks to team up with Libero Ventures Ltd, the former Lehman Brothers subsidiary, to target the Lloyd's market.
11 August 2009
Scor settles sidecar dispute for EUR5.6mn
Reinsurer Scor has settled its long-running dispute with Highfields Capital Management - the former main minority shareholder in its 2001 sidecar vehicle Irish Reinsurance Partners (IRP) Holdings Limited.
11 August 2009
UK-based auditors take comfort in Moore Stephens judgment
The UK House of Lords struck out a claim that accountancy firm Moore Stephens was liable for a failure to unearth an $89mn fraud at a commodity trader that it audited.
11 August 2009
IFEX launches two new US wind contracts
Cat derivative operation IFEX has added to its suite of event-linked futures, listing Eastern seaboard and North East US tropical wind contracts on the Chicago Climate Futures Exchange (CCFE).
11 August 2009
Catlin impresses on investments; u/w hit by '09 losses
Lloyd's insurer Catlin booked a 60 percent increase in pre-tax profits to $240mn for the first half of the year.
11 August 2009
Results: Big three brokers see organic growth falter
The twin pressures of a lingering soft market and recession have pinned back second quarter organic growth at the big three global broking giants.
11 August 2009
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