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Marketform expands with five new classes
Marketform Group - the Lloyd's insurer majority owned by American Financial Group - is writing five new classes of business as it continues to evolve from its roots as a medical malpractice underwriter.
11 May 2009
Bidders close in on Copenhagen Re
A shortlist of bidders are now competing to purchase Danish reinsurer Copenhagen Re, The Insurance Insider can reveal...
11 May 2009
Four years on: Heath Lambert's £210mn pension rescue still in limbo
The controversial 2005 deal which saw the UK government pension protection fund (PPF) take a ten percent equity share in Heath Lambert in return for rescuing the UK broker from its crippling £210mn pension fund deficit has still to be ratified...
11 May 2009
Crunch time for Gulf of Mexico energy
The next few weeks are pivotal for the Gulf of Mexico (GOM) offshore energy market; alongside estimates that up to half of companies are still to renew their wind insurance cover, further self-insurance is a serious threat...
11 May 2009
June also set for new BMS v CJC showdown
The long-running dispute between rival London Market brokers BMS Group and CJ Coleman (CJC), which The Insurance Insider revealed had erupted again in early April, is set for a three-day trial on 2 June.
11 May 2009
Legal briefings
US regulation: State vs Federal debate heats up; US collateral reform latest; Insurers face US-style class actions in the EU
11 May 2009
Enstar posts stable Q1 figures
Bermuda-based run-off manager Enstar reported net earnings of $11.5mn for the first three months of 2009 - a picture of relative stability set against the $11.7mn it earned in the first quarter of 2008.
11 May 2009
Run-off prices will fall, says R&Q
Prices for run-off portfolios will fall, predicts Randall and Quilter (R&Q)'s Ken Randall, as the "hot money" that sparked a frenzy among buyers for legacy businesses begins to evaporate amid the economic turmoil.
11 May 2009
Come back plea to former Names
Former Lloyd's Names should consider returning to the Lloyd's market and earning back some of the losses they may have suffered in the 1990s and in 2000-2001.
11 May 2009
ILS shows 60% correlation to wider markets
Insurance-linked securities (ILS) demonstrated a more-than 60 percent long term correlation to the S&P500 index in the aftermath of the Lehman Brothers collapse last year, despite the sector purporting low or no correlation to the wider financial markets.
11 May 2009
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