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ZFS in Chinese distribution initiative
(Re)insurance conglomerate Zurich Financial Services announced the launch of a Chinese distribution platform, Zurich Insurance Brokers (Beijing) Ltd, which will deliver general and life insurance products across China.
10 September 2007
Benfield establishes capital markets team
Benfield Group has become the latest reinsurance broker to respond to the growth in insurance linked securities with the creation of a new team to advise on non-traditional risk transfer solutions.
10 September 2007
NAIC proposes collateral rule change
The National Association of Insurance Commissioners (NAIC) has proposed a rule change to the collateral requirements made on "alien" reinsurers.
10 September 2007
First Singapore scheme closed
Insurance services company Whittington has overseen the first successful scheme of arrangement for a Singapore-based insurance company, with the closure of Lion City Run-Off Private Ltd.
07 September 2007
International News Digest
Hard-pressed airline insurers mull cut backs as renewals beckon; NYMEX trades first insurance derivative; S&P chief steps down amid sub-prime criticism; MMC in $800mn share repurchase...
07 September 2007
Legal Briefings
Our monthly column keeping check on US and EU legal and regulatory developments, in association with Sidley Austin LLP
07 September 2007
Willis lodges injunction against Marsh
Willis has lodged a High Court injunction to prevent rival Marsh UK using information it gained after allegedly poaching its employees.
07 September 2007
D&O leviathan retires to fight allegations
Bill Lerach, the veteran class action lawyer who represented Enron investors and other shareholders suing large corporations, will retire from the law firm he founded to fight allegations of improper activity...
07 September 2007
Independent execs play blame game in court
A trio of senior executives of Independent Insurance, which collapsed in 2001, have been attempting to shift the blame between themselves and to other members of staff, a court has heard.
07 September 2007
Sidecars go excess-of-loss
Despite signs earlier in the year that demand was drying up for the vehicles, a new model of sidecar is emerging, with the recent launch of Mont Gele Re and Emerson Re.
07 September 2007
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