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  • Canopius and Beaufort latest to confirm interest
  • Newly-listed Tawa plc raided outsourcing firm Axiom Consulting to strengthen its asbestos, pollution and health hazard (APH) expertise.
  • Afinia Capital Group has joined the tide of new entrants to the discontinued business sector with backing from high profile capital markets players.
  • A US bankruptcy judge has approved The Travelers Cos' settlement of one of its largest asbestos exposures for $449mn.
  • Bermudian Arch Capital Group has struck back at Gen Re in the latest round of the legal disputes over the departure of four Gen Re executives to Arch in April.
  • 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 nascent insurance-linked securities (ILS) marketplace is on track to become "one of the great and exciting stories of financial innovation in the next five to ten years", according to Michael Spencer...
  • The price paid for Lark Insurance Broking Group by Groupama UK after it triumphed in a four way bidding contest has once again highlighted the increasing value of distribution channels to UK-based insurers.
  • Although revenue growth impressed at Benfield Group Ltd's Corporate Risk business (BCR), shares in the broker fell as the John Lapsley headed division reported a trading loss of £4.6mn...
  • Despite fears that the insurance-linked securities (ILS) train could be de-railed by the recent turmoil in the financial markets, investor interest is expected to grow over the next 12-18 months...