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  • London Market-fronted binding authorities specialising in the mortgage banking market look set for a hit from directors and officers (D&O) claims arising out of the sub-prime debacle.
  • Crucial test for 2008 prospects as specialist vehicles reach crossroads; prospect of disputes emerging?
  • The trial of three former Independent Insurance executives is drawing to a close in London with the jury expected to start considering its verdict by 21 October, according to the Serious Fraud Office (SFO).
  • Run-off purchaser Ruxley Ventures is expected to outline a pioneering financing technique at a business transfer court hearing this month for the firm’s proposed acquisition of Generali Assurances Generale (GAG).
  • The legacy of workers' compensation carve-out reinsurance - epitomised by the Unicover pool which collapsed in 1999 - re-emerged when CNA Financial Corporation agreed to pay John Hancock $250mn...
  • Major US insurer Metlife has secured a five-year non-cancelable contract to write the US National Basketball Association (NBA) sports disability insurance programme, according to senior market sources.
  • In a move that carries on the trend of multi-national companies relocating within Europe, US insurer Chubb Corp is to redomicile its European holding company from Brussels to London.
  • Switzerland is fast becoming the location of choice for companies looking to access the Continental European (re)insurance market.
  • Chaucer Holdings plc has confirmed a new £135mn private equity-backed Lloyd’s syndicate – Antares Syndicate 1274 – to take on the London market portfolio of WürttUK, as first revealed by The Insurance Insider last month.
  • EU highlights conflict of interest in broker model; Long-term contracts can be anti-competitive...