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Will QBE look again at RSA?
Despite being spurned by IAG, QBE has told investors it plans to carry on with its M&A growth strategy and this might mean the insurer looks again at RSA.
30 May 2008
JLT to pay up to £8mn for HWS
UK-listed intermediary Jardine Lloyd Thompson (JLT) could pay up to £8mn for independent London market (re)insurance broker Harman Wicks & Swayne (HWS), The Insurance Insider understands.
30 May 2008
Lloyd's insurers resist Franchise data demands
Tensions are brewing between Lloyd’s underwriting supremo Rolf Tolle and at least two managing agents over demands for more performance management data as the market heads deeper into the soft cycle, The Insurance Insider has learnt.
30 May 2008
Results mixed for European insurers
Allianz Group's burdensome relationship with subsidiary Dresdner Bank continued with first quarter results hit by a EUR845mn write-down at the banking arm in "difficult market conditions".
30 May 2008
Novae looks again at selling run-off operations
Lloyd's insurer Novae Group has put its legacy run-off business out to tender in a move that could see the firm finally free itself from the shackles of its past, The Insurance Insider can reveal.
30 May 2008
Green light for Lloyd's to sidestep RITC burden
Lloyd's insurers may be free to operate without annual venture restriction following HM Treasury guidance
30 May 2008
Discounts for Virgin as airline rates drop again
The Virgin group successfully gained a reduction in rates for two of its three airlines in the May renewals as the market continues its struggle to get airborne.
30 May 2008
London brokers 'named and shamed' for back office failure
London market brokers have been "named and shamed" over their failure to adopt a key electronic initiative that could speed up the payment of premiums from brokers to (re)insurers.
30 May 2008
ACE and Swiss Re to launch CDO risk portfolios
Reinsurers seek to actively manage cat risk in capital markets as 2008's US windstorm season begins
30 May 2008
PartnerRe in $250mn debt issue
Bermudian-headquartered reinsurer PartnerRe Ltd is to issue $250mn in a bid to repay debt.
27 May 2008
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