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  • Erik Manning has left ABN Amro's insurance and weather derivatives group to join rival Deutsche Bank...
  • French (re)insurers Groupama SA and SCOR SA have both issued Euro denominated cat bonds.
  • With year end fast approaching, sidecar participants are beginning to take action on the renewal of the remaining capacity due to expire in the next few weeks.
  • Aon Corp has hired an outside law firm to investigate its compliance with anti-bribery laws, the company revealed in a Securities and Exchange Commission (SEC) filing last month.
  • The proposed Scheme of Arrangement for Sphere Drake, part of the WFUM pool, was sanctioned in the UK High Court on 6 November.
  • Tawa plc, the UK quoted run-off consolidator controlled by French billionaire Francois Pinault, has launched Tawa Consulting Ltd, which will take on consulting and advisory operations.
  • 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.
  • Ratings agency Standard & Poor's (S&P) lowered its counterparty credit ratings on global financial services firm Marsh & McLennan Cos (MMC) to BBB- from BBB, with a stable outlook.
  • 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.