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  • Valuations for (re)insurers in The Insurance Insider's P&C universe
  • Employers Re (ERC), the world’s fourth largest reinsurer, was effectively downgraded from A+ to A (Excellent) last week as AM Best revised ratings following a first time assessment of the firm as a standalone entity, separated from the influence of its ow
  • Duncan Dale, the head of Amlin London's property and casualty unit, has resigned from the (re)insurer, The Insurance Insider can reveal
  • Analysts have broadly welcomed reports that Marsh & McLennan Companies (MMC) has agreed to sell subsidiary Putnam Investments to Power Corp of Canada for $3.9bn.
  • Organisations have never faced a greater threat to their financial health from environmental risks and toxic tort liabilities, the latest market commentary from brokers Willis concludes.
  • Aon Corp has initiated a significant restructuring of its senior international management designed to enhance its client functions and global placement capabilities.
  • Despite fears of a difficult 2006 renewal for the International Group of P&I clubs with predicted 20 percent plus rises in reinsurance as the programme was hit by hurricanes and shipping accidents, the reality was much more benign, according to broker...
  • Disgraced financier Allen Stanford must stand trial in January 2011 for 21 criminal charges, after a US judge expedited the case to be heard before summer of that year. But the issue of defence funding is still open.
  • UK-based engineering support services firm Babcock International Group plc is pioneering a £500mn longevity swap with Credit Suisse - the first in a series of transactions designed to hedge 45 percent of its £1.7bn defined pension liabilities.
  • Run-off services provider CMGL announced on 19 January that it has been appointed to provide claims management services for ICM Syndicate 4242.