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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
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
Arch counterclaims Gen Re as 'poaching' dispute continues
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.
07 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.
07 September 2007
White Mountains mulls motor securitisation
Bermudian (re)insurer White Mountains Group is mulling an innovative motor securitisation, signalling the continued broadening of the insurance-linked securities (ILS) sector from its catastrophe risk roots...
07 September 2007
Europeans escape from sub-prime but are hit by cats
A trio of European (re)insurers filed interim figures that largely escaped the fallout from the US sub-prime crisis, but revealed the impact of the year’s non-US catastrophe losses.
07 September 2007
SCOR sets sights high
After finally closing its $2.8bn protracted acquisition of rival Converium Holding AG, French reinsurer SCOR wasted little time in setting out its stall as it aims to push into the top 5 of global reinsurers.
07 September 2007
Lloyd's challenges QBE plan
Just one month after QBE expressed frustration with members' agents for their refusal to recommend an increased bid to buy out Names' capacity, Lloyd’s Franchise Performance Board (FPB) has expressed doubts...
07 September 2007
London News Digest
QBE launches European reinsurance operation; Insurance industry ready to respond, says Levene; Price Forbes hires former Endurance energy underwriter; Hampden lists on AIM despite falling short with IPO...
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
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