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  • A Tidal Wave of Capital - David Schiff pours on the cold water The capital markets are efficient - in an irrational way. Capital flows towards opportunities that offer superior returns. Paradoxically, those superior returns can fail to materialise if t
  • Scor may have already used up 80 percent of its 2010 cat loss budget, after taking hits from the Chile and Haitian earthquakes and European Windstorm Xynthia in the first three months of the year.
  • As broker consolidation talk gains momentum, Willis is linked to a possible move for JLT Willis Corp, the world’s third largest insurance broker, is considering the merits of a significant broking acquisition, according to sources close to the firm.
  • Willis Re has hired 17 specialty casualty reinsurance brokers from RK Carvill & Co, including its senior management, The Insurance Insider understands.
  • Ratings agency Moody's has downgraded Ireland's foreign and local currency government bond ratings by two notches to Baa3 from Baa1
  • Broking giant Willis Group's French-based affiliate, Gras Savoye & Cie, is reportedly looking at alternative investment solutions over a put option purchased by the former in 1997, which could oblige it to increase its stake in France's largest broker...
  • Guy Carpenter & Co has confirmed last week the appointment of David Spiller as its group chief executive, replacing the long-serving Salvatore Zaffino.
  • Arch Capital Group Ltd is to form Gulf Re, a Dubai-based $400mn capitalised reinsurer, in a joint venture with the Gulf Investment Corporation.
  • In an exclusive interview with our sister publication IQ, Sue Langley, chair of the G6 and chief operating officer of UK insurer Hiscox, confirmed the group would pilot a new approach to contract checking, to which the new Lloyd's CEO Richard Ward...
  • Liberty Syndicates announced last week that it is raising its capacity for 2006 to £912mn, up 27 percent from this year. The Lloyd’s (re)insurer intends to use the extra capacity to support increased underwriting across all five of its divisions...