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  • Early reporters of fourth quarter and full year 2008 financials could not escape collateral damage from the turmoil in the markets, although there was once again a clear divide between those appearing to...
  • Speculation over the destination of RK Carvill's senior management and core casualty reinsurance broking team was ended after Willis Re outbid rival JLT Re to secure their services.
  • Spanish bank Santander, which lost as much as EUR3.1bn of client funds as a result of Bernard Madoff's alleged $50bn ponzi scheme, has seen institutional investors file an emergency motion for an injunction...
  • Cat modeling pioneer Jayant Khadilkar has joined US reinsurance broker TigerRisk as a partner. The move sees him reunited with former RenRe CEO and TigerRisk co-founder Jim Stanard.
  • Bermudian (re)insurer Ironshore is rarely out of the headlines these days. In particular, the Cayman Islands-domiciled company, founded by industry patriarch Bob Clements and his son John Clements...
  • The efforts of AIG to execute its asset sale received a setback after ratings agency Standard & Poor's downgraded the core operating companies' financial strength ratings of majority-owned reinsurer Transatlantic Holdings from AA- to A+.
  • A mood of change is sweeping the US Treasury under the direction of its new Secretary Timothy Geithner which could see a more US-centric approach to the future direction of distressed insurer American International Group (AIG).
  • Generally speaking, raising money from shareholders is about as popular right now as a cup of Darjeeling in Starbucks, so it's a good thing that investors are still willing to look at the insurance sector.
  • Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP
  • As evidence mounts that the potential EUR66.5bn+ German P&C legacy market may finally explode into activity, the European run-off industry prepares to convene on Cologne for its annual run-off Rendez-Vous.