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  • Having finally shed its under-performing banking unit Dresdner Bank for up to EUR9.8bn global insurance giant Allianz has emerged as the frontrunner in bid speculation surrounding a mooted takeover of UK non-life insurer RSA.
  • Last minute negotiating between Benfield chief executive Grahame Chilton and broking giant MMC saw the reinsurance specialist reject an increased 360p a share offer from the New York headquartered firm in favour of Aon's all cash offer.
  • An end to market divergence and downwards pressure on reinsurance rates may be in sight, major reinsurance brokers have predicted, as senior industry leaders gather at the 2008 Monte Carlo Reinsurance Rendez-Vous.
  • Dominic Christian will head Aon Benfield Re's international operations once the merger between the two firms is completed later this year, The Insurance Insider can reveal.
  • French reinsurer SCOR is to reduce its commitment to large industrial risks and will keep a watching brief on the beleaguered energy and mining sectors, according to Victor Peignet, Global P&C CEO.
  • One of the run-off sector's most prominent practitioners, Dan Schwarzmann, was promoted this summer becoming head of PwC's Business Recovery Service practice (BRS) - a role which sees him responsible for corporate rescues just as the UK economy is...
  • Key developments * Bell Swiss Re move criticised * EC fast-tracks ratings agency consultation * FM Global Katrina ruling overturned
  • 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
  • Catastrophe futures trading platforms have reported some volatility in the first live season of trading, with more than $145mn limit equivalent of exchange traded contracts, and "multiples" of that number traded over-the-counter, according to...
  • The proposed EUR100mn sale of the German run-off business DARAG has been delayed, The Insurance Insider can reveal.