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  • Novae Corporate and the Cottrell Syndicate 1173 in run-off are leading an action by Lloyd's underwriters to cancel the professional indemnity (PI) policies of disgraced New York law firm Milberg LLP and recover...
  • It was no surprise that the second quarter reporting landscape was scarred with deteriorating investment returns, but perhaps less predictable were the fissures that had opened up between those (re)insurers apparently weathering the economic storms and ot
  • Independent London market broker CJ Coleman has won the DynCorp PA account from Guy Carpenter & Co, The Insurance Insider can reveal.
  • Willis Re's protection and indemnity (P&I) reinsurance practice is set to be strengthened with the hire of Bruce Clayton from AJ Gallagher.
  • In the absence of market-changing catastrophe activity through the rest of the year, Lloyd's opening capacity for 2009 looks set to be marginally down on its £15.95bn stamp capacity at the start of 2008.
  • Marine/energy (re)insurers face losses that could mount to $1bn as US homeowner insurers look to subrogate claims arising out of last October's California wildfires.
  • Two industry veterans have formally launched their re-branded reinsurance brokerage, TigerRisk Partners.
  • Beazley Group is thought to be close to a deal to buy specialist personal accident and life managing general agency (MGA) Momentum Underwriting Management Ltd (MUM), The Insurance Insider can reveal.
  • Former Swiss Re director Eric Gao will head up Lloyd's Chinese operations, Lloyd's Reinsurance Company (China) Ltd.
  • Lloyd's (re)insurer Hardy Underwriting Bermuda Ltd has begun underwriting a book of mutual business worth around £10mn from Japanese investment bank Fintech Global Inc.