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  • AIM listed Heritage rejects approach; Ironshore remains interested
  • Marsh UK is mulling a major overhaul of its embedded legacy burden with the outsourcing of its entire back office, The Insurance Insider can reveal.
  • The proposed Scheme of Arrangement for Sphere Drake, part of the WFUM pool, was sanctioned in the UK High Court on 6 November.
  • The dusty arguments over the UK’s ability to wind up solvent (re)insurance companies through a process called schemes of arrangement were given a fresh airing last month at the Mealey's Global Reinsurance Forum in Bermuda.
  • US prosecutors have named Berkshire Hathaway chairman Warren Buffett as a witness in the criminal trial of former General Re and American International Group (AIG) executives.
  • Gallagher 'not thrilled' with reinsurance results; Newly formed AIG UK appoints board heavyweights; Hardy outlines Bermuda redomiciliation plan; Levene says tax break still on...
  • AIG leads Turkish crash cover; Earthquake triggered Caribbean cat fund; Ping An takes Fortis stake; Aon raids Willis for construction executives...
  • A recent UK High Court decision has outlined the dangers to reinsureds of making misrepresentations to their reinsurers either directly or through a broker.
  • Reinsurers have been ordered to settle a $57mn disputed all risks reinsurance claim with global mining giant Anglo American's captive insurance company Coromin.
  • Heritage Underwriting Agency plc, the specialist Lloyd’s insurer, has admitted receiving an "indicative proposal" but says the "the price contained within the proposal significantly undervalues the company".