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  • (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.
  • 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.
  • The National Association of Insurance Commissioners (NAIC) has proposed a rule change to the collateral requirements made on "alien" reinsurers.
  • 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.
  • 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...
  • Our monthly column keeping check on US and EU legal and regulatory developments, in association with Sidley Austin LLP
  • Willis has lodged a High Court injunction to prevent rival Marsh UK using information it gained after allegedly poaching its employees.
  • 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...
  • 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.
  • 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.