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  • Paris-headquartered reinsurer Scor is an attractive proposition for investors and is set to benefit from the integration of Converium and improved underwriting capacity, ratings and a low cost ratio, according to analysts.
  • Transatlantic Holdings president and CEO Robert Orlich has written to the firm's clients applauding the successful sale of American International Group's (AIG) majority stake this week.
  • London-quoted broker Jardine Lloyd Thompson's (JLT) expanding MGA arm, Thistle Underwriters, has acquired UK SME underwriting agency Ingham & Co in a cash/loan deal.
  • XL Capital has moved to reassure its professional lines clients by teaming up with National Indemnity Company (NIC) to back-up its Side A directors' and officers' (D&O) policies in the event that the Bermudian firm goes bust.
  • Willis will pay $139mn to settle part of a longstanding dispute arising from its involvement in the infamous London market personal accident (PA) reinsurance spiral of the late 1990's...
  • The exodus continued from The Hartford last week, as chief investment strategist Quincy Krosby became the third senior executive this month to announce their departure from the embattled US insurance group.
  • Shares in The Hartford fell 8 percent late last week after the distressed US insurance group surprised investors with plans to raise up to $750mn by selling common stock.
  • The Caribbean catastrophe pool, the Caribbean Catastrophe Risk Insurance Facility (CCRIF), saw its 2009/2010 programme renewed with a 10 percent reduction, making it the "lowest yet".
  • Despite the World Health Organization (WHO) declaring a global swine flu pandemic last week, secondary market prices for mortality bonds remained stable.
  • Brit Insurance and Chaucer confirmed late last week they were in discussions regarding a "possible all-share offer" - in what could be the largest Lloyd's M&A deal since...