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  • Bookmakers will rarely accept bets once the race has started which explains why – halfway through the Atlantic hurricane season – there have not been any recent US windstorm catastrophe (cat) bonds.
  • In a strategic volte-face, Jardine Lloyd Thompson Group plc (JLT) has sold its US property casualty and employee benefits operations to Alliant Insurance Services Inc for $100mn (£53.3mn) little more than three years after deciding to build a US retail pl
  • Insurance giant Zurich Financial Services (ZFS) reported half-year net profits of $1.96bn, up 9 percent on the first six months of 2005, and ahead of analysts’ consensus of $1.8bn.
  • It was a tale of two markets for reinsurance specialist Benfield Group with disappointing news on its new corporate risks division being more than matched by impressive earnings growth in its US division on the back of the capacity crunch for catastrophe
  • Lloyd’s insurers saw half-year profits dented by the impact of foreign exchange adjustments, with the effect on the bottom line partially influenced by the hedging strategy company's employed.
  • The going rate for a privately owned broker is typically one to one-and-a-half times annual broking revenues, which suggests US broker Lockton Company and the private equity firm Stone Point Capital LLC bought Alexander Forbes’ international arm...
  • Hiscox plc revealed on 1 September that it is close to setting up a Bermudian sidecar operation to reinsure its Lloyd’s Syndicate 33.
  • It was a tale of two markets for reinsurance specialist Benfield Group with disappointing news on its new corporate risks division being more than matched by impressive earnings growth in its US division on the back of the capacity crunch for catastrophe
  • "Class of 2005"reinsurer Flagstone Reinsurance Holdings announced today (7 September) that it has entered the aviation reinsurance market.