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  • Defying the old adage that "good years get better, and bad years get worse" is Syndicate 839, the former Trenwick Lloyd's operation which managed to post a £12mn profit last year on its 2001 and prior years.
  • Our monthly column keeping check on US and EU legal and regulatory developments, in association with Sidley Austin LLP
  • The reinsurance-to-close (RITC) of the Duncanson & Holt Syndicate 55 open years is the first third-party RITC this year – and the first to take place under Lloyd’s new rules designed to create greater flexibility in the process.
  • Capita CMGL is to complete the reinsurance-to-close (RITC) transfer of the run-off Duncanson & Holt Syndicate 55 with capital supplied by CarVal Investors LLC, a fund backed by the agribusiness giant Cargill.
  • "Class of 2005" insurer Lancashire Holdings Ltd bought an option last month to issue up to $49mn of equity any time throughout this year’s hurricane season.
  • The alleged poaching dispute between Gen Re and Arch took a new turn last month when the temporary restraining order granted against Arch Capital and four former Gen Re executives in May was lifted and replaced...
  • UK niche-branded insurer, Admiral Group plc today reported that it has ended discussions with potential private equity investors regarding its price aggregator subsidiary, Confused.Com.
  • Guy Carpenter has swooped for Chris Klein, the chairman of rival Benfield Group's counterparty risk unit.
  • Aon Corp's brokerage revenues have outstripped those of its largest rival, Marsh & McLennan, which nevertheless remains at the top of the list of the world’s largest insurance brokers worldwide, thanks to its non-broking units.
  • Lloyd's members' agent Hampden Agencies Ltd is objecting to the proposed merger of AIM-listed insurer Heritage Underwriting Agency plc’s property Syndicate 1200 with its liability Syndicate 3245...