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  • Our monthly column keeping check on US and EU legal and regulatory developments, in association with Sidley Austin LLP
  • Restraining order issued against Arch and its new fac team
  • Last month, Aon confirmed finance chief David Bolger would step down, but it was the continuing suggestions of private equity interest which hogged most of the attention.
  • Converium Holdings CEO Inga Beale will receive a lump sum payment of SFr4.2mn when she leaves the company on completion of the takeover by SCOR.
  • Increased capacity and low losses are combining to soften the energy market, according to a report published by Willis Group Holdings.
  • In what is developing into another defining year for the insurance linked securities (ILS) market, a number of significant transactions were concluded in recent weeks highlighting the broadening scope of alternative capital markets...
  • Bermudian (re)insurer Validus Holdings Ltd has increased the size of its pending initial public offering (IPO) to $350mn following its $382.2mn acquisition of Lloyd’s based Talbot Underwriting Holdings.
  • Reinsurance broker RK Carvill is close to unveiling a $120mn Bermudian Class 3 reinsurer to issue indemnity-based policies linked to hurricane options and futures traded on the Chicago Mercantile Exchange (CME), The Insurance Insider can reveal.
  • Expansion questioned as leading figures propose higher entry fees and capacity caps
  • The National Association of Insurance Commissioners said that it will step up its efforts to overhaul reinsurance regulation in the US before addressing the collateral charges faced by alien reinsurers.