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UK insurance valuations still ahead of transatlantic rivals; M&A set to continue
Despite falls in UK insurance stocks over the last six months, valuations broadly remain ahead of their US and Bermudian property casualty counterparts, according to research by Numis Securities.
14 January 2008
Citizens considers reinsurance as state issues subpoenas
Florida's insurer of last resort, Citizens Property Insurance Corp, is mulling the prospect of buying reinsurance cover to protect itself against this year's hurricane season, Insider Week can reveal.
14 January 2008
London News Digest
Ex-Converium boss advised MDU on SCOR deal; FSA appoints Sally Dewar in wholesale role; Marsh in £200mn UK back-office outsourcing deal; Glacier Re to form London platform...
14 January 2008
Legal Briefings
Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP
14 January 2008
International News Digest
Asbestos liability (re)insurer St George Re in Bermuda launch; Great American accused of bid rigging; Citizens in Bermuda; Ironshore buys Fairfax shell; Tobin steps down from XL...
14 January 2008
R&Q to launch Bermuda arm
R&Q Re (Bermuda) Ltd is set to go live on the island during the first quarter of this year after recently listed UK run-off firm Randall & Quilter Investment Holdings (R&Q) received regulatory approval.
14 January 2008
Insurance law firms complete merger
Insurance specialists Edwards Angell Palmer & Dodge LLP (EAPD) and London-based Kendall Freeman have completed their merger, a deal that was first predicted by The Insurance Insider.
14 January 2008
Mayer Brown in Asia merger
Global law firm Mayer Brown LLP is to merge with the Asian law firm, Johnson Stokes & Master (JSM).
14 January 2008
AIG's falling share price prompted Gen Re finite deal
It was former CEO Maurice "Hank" Greenberg's concern over the falling share price of American International Group Inc (AIG) that prompted an allegedly sham finite reinsurance deal with Gen Re, a US court was told earlier this month.
14 January 2008
Dewey & LeBeouf opens Dubai office
Recently merged New York law firm Dewey & LeBoeuf LLP has opened a full service office in Dubai, with a primary focus on corporate finance.
14 January 2008
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