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  • Run-off specialist Enstar reported lower earnings in the third quarter in a set of financials that began to reflect its new business profile.
  • Last week's acquisition by Torus Insurance Holdings (Bermuda) Ltd of rights to renew "substantially all" New Castle Re contracts will also see the start-up take over the Citadel-backed Class of 2005 reinsurer’s office with the eventual transfer of...
  • Latest estimates show Lloyd’s loses £3.4bn in four year slump, 2000 forecasts show wide disparity in results The wanton destruction caused by the recent slump in market rates has forced Lloyd's to revise downwards its 1999 projections to a loss of £1.3
  • The long-running dispute between Goldman Sachs-backed Enstar and London-based Randall & Quilter (R&Q) finally ended this week
  • Last month’s long-awaited announcement by UK insurer Royal & Sun Alliance Group plc (R&SA) that it had succeeded in agreeing a deal to cut itself free from its US run-off business has fuelled speculation that the company may be the subject of renewed take
  • The 1 October UK solicitors’ professional indemnity (PI) renewals are set to see further rate reductions due to a 17 percent increase in capacity over last year to £350mn, according to broker Marsh.
  • Jacques Aigrain, CEO of reinsurance giant Swiss Re described insurance linked securitisations (ILS) as a “major revolution in how we perform in the market”, and predicted that the ILS market could reach $1trn by 2016.
  • Two more global carriers look to consolidate their global cat spend in 2014
  • AIG backed ruling finds INA liable for Brandywine exposures, ACE to appeal The spectre of asbestos legacy issues hangs over Bermudian-based giant ACE Ltd, with the (re)insurer’s defeat in a landmark case involving Brandywine and ACE INA, inherited with
  • London-listed (re)insurer Catlin Group has bought a Wisconsin-domiciled admitted lines shell company from QBE for an undisclosed sum