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  • If a market-changing event hit the reinsurance sector this year, forced M&A activity and sidecar issuance would be the likely outcome rather than the formation of a new 'class of 2008', according to leading industry figures.
  • Cedants are increasingly seeking proportional reinsurance cover, with further demand expected, according to Torsten Jeworrek, head of reinsurance at Munich Re.
  • 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...
  • Swiss Re reshuffles financial markets division; SCORing positive; Bermuda awaits 'positive' IMF report; Allianz frees itself from Dresdner drag; Aon faces Statoil tender
  • 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.
  • Allied World Assurance Company Holdings Ltd (AWAC) has become the latest Bermudian to make a move to Switzerland.
  • 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.
  • Lloyd's scrutinises aviation sector; McIntyre quits RSA; Atlas launched by ex GC team; Markel Intl appoints new head; QBE picks up £15mn pier tab; Former Guy Carp CEO takes Heritage role; Carvill loses senior executive; RFIB loses major US MGA account;
  • 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