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  • Insurance giant American International Group (AIG) has confirmed the $26mn sale price of Deutsche Versicherung und Rückversicherungs-AG (DARAG) - a subsidiary of AIG affiliate Wüba.
  • 2009 ILS poised to breach $1bn threshold; Swiss Re back with $60mn cat bond; New sponsor Assurant closes $150mn Ibis Re
  • Despite broadly acknowledging that rate rises have yet to fulfil the promise that many in the market identified in the latter part of last year, Continental reinsurers remained bullish for 2009 as they unveiled Q1 figures.
  • Greg Case has sprinkled magic stardust on Aon's results ever since he was parachuted into the broking giant in April 2005, but last month Wall Street cruelly reminded the firm of how it treats unwelcome surprises.
  • April proved to be a busy month for AIG as it continued its strategy to offload assets albeit at a slower rate than had been targeted at the time of its initial government bail-out last September.
  • Hard evidence of the damage American International Group (AIG)’s troubles have inflicted on its general insurance operations emerged in the fallen giant's Q1 figures, as the division reported a 17.5 percent drop in net premiums written to $10bn.
  • Energy mutual Oil Casualty Insurance Ltd (OCIL)'s proposed reinsurance renewal demonstrates the tough conditions for GOM energy reinsureds looking to buy cover...
  • A three-week trial is scheduled for next month in the long running dispute between Berkshire Hathaway's Equitas - the company established to reinsure and run-off Lloyd's pre-1993 liabilities - and Randall & Quilter (R&Q)-owned Brandywine...
  • On the eve of the official start to the US windstorm season and two years after enacting legislation that effectively nationalised Florida’s homeowner reinsurance market, state governor Charlie Crist is set to sign into law reforms...
  • The strong hints made by Berkshire Hathaway chairman Warren Buffett back in March that his firm would "err on the side of caution" in its appetite for catastrophe risk has been borne out by behaviour on the ground, as the key US wind and earthquake...