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  • At a recent London 100 roundtable hosted by The Insurance Insider in London, senior industry figures agreed that existing estimates of the global (re)insured losses arising from the emerging web of law suits and class actions are "intuitively low".
  • The presence of Lloyd's own run-off vehicle Centrewrite on the roll call of providers closing open years shows that the Corporation is comfortable with the RITC market, according to its director of finance, risk management, and operations, Luke Savage.
  • Despite broadly outperforming its international peers on both underwriting and investments last year, Lloyd's will face additional challenges in 2009 if it is to maintain its level of profitability.
  • Defections from Aon Benfield have continued, with confirmation that the former head of Benfield's Brussels office Wim Raeymaekers and his colleagues, Petra Vynckier and Karen Serrus, are joining rival broker Guy Carpenter...
  • The legacy of the infamous workers' compensation carve-out saga of the late nineties - epitomised by the Unicover pool which collapsed in 1999 - has resurfaced after a New York jury found that broking giant Aon bore no liability for Unicover's collapse.
  • German hedge fund Augur Capital will pay EUR20mn to acquire the former East German state marine (re)insurer Deutsche Versicherungs-und Rückversicherungs-AG (DARAG), representing a discount of approximately EUR7mn to net asset value, The Insurance Insider
  • The battle to win the favour of IPC Holdings has descended into tit-for-tat exchanges between the cat specialist's Bermudian neighbours Max Capital and Validus Holdings.
  • SCOR chairman and CEO Denis Kessler has confirmed the global reinsurer's interest in greater participation in the Lloyd's market, The Insurance Insider can reveal.
  • Texan lawmakers are weighing up a raft of proposed legislation that could overhaul the state's loss-struck wind pool - triggering an increased reinsurance spend...
  • Your (re)insurer wriggles out of its underwriting liabilities? Don’t worry; you've always got Plan B - sue the broker...