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  • Questions over Bermudian reinsurer XL Capital's exposure to the sub-prime debacle continue to dog the firm as it mulls a rescue for monoline bond insurer Security Capital Assurance (SCA).
  • Anxious investors are awaiting the release of fourth quarter results from a number of banking groups this week, with concern mounting over the size of sub-prime related losses yet to come to light in the banking system.
  • The US holding company of Bermudian (re)insurer Allied World Assurance Company Holdings (AWAC) has entered into an agreement to purchase Converium Insurance (North America).
  • Listed Bermudian-headquartered legacy firm Enstar Group has acquired AMP Ltd's Australian-based closed (re)insurance operations for A$585mn ($518mn).
  • The joint venture platform established by the world's largest interdealer-broker ICAP plc and insurance intermediary JLT Group plc has brokered its first catastrophe swap trade, for 2008 North American windstorm.
  • Standard & Poor's (S&P) has upgraded the financial strength ratings on the main subsidiaries of the Royal & SunAlliance Group (R&SA) from A- to A.
  • The legacy of Stirling Cooke Brown, the Goldman Sach's sponsored accident & health (re)insurance broker which finally collapsed in 2003, re-emerged last week after the Financial Services Authority (FSA) banned two of its key executives from operating in t
  • Shares in Benfield Group have continued to slide following the reinsurance broker's profits warning last Monday.
  • Star underwriter Christine Dandridge is to join (re)insurance broker RFIB Group after nearly 20 years at Lloyd's insurer Atrium Underwriting.
  • US insurance group American Finance Group Inc (AFG) has bought a majority interest in Lloyd's insurer Marketform Group Ltd, The Insurance Insider can reveal.