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  • Redholm Underwriting Agents is set to write $120mn in aviation capacity at Lloyd’s this year and has begun filling the vacancies created by a mass defection to American International Group (AIG).
  • (Re)insurers and the capital markets are pushing back the boundaries in their willingness to securitise risk. Where will it all end? It might appear somewhat odd to note (re)insurance securitisations are now Ă  la mode considering the industry's...
  • Although shares in Fairfax Financial Holdings have regained some ground lost following the company's revelation that senior management members face a class action lawsuit, bears on the stock continue raising questions over the future of the Canadian...
  • Willis Group Holdings Ltd reported yesterday (3 May) net income of $140mn, or $0.89 per share, for the first quarter of 2006, more than double the $67mn, or $0.41 per share, recorded in the prior year period.
  • New funds are tapping hedge funds' demand for (re)insurance linked securities A new EUR1bn fund is set to be launched later this year to tap into the burgeoning demand for (re)insurance linked securities, The Insurance Insider can reveal.
  • The run-off acquisitions firm LCL Acquisitions Ltd has completed its ownership of the Isle of Man insurance administration firm FIT Administration (IoM) Ltd.
  • Reinsurers are continuing to face harsh increases following the retro capacity crunch. Will this drive demand for alternative sources of contingent capital? Six months on from the tail-end of last year's devastating storm season, and the...
  • Paul Newson is set to join Lloyd’s managing agency Marketform to write a book of personal accident (PA) business. The Insurance Insider, which last month predicted that there would be further moves around the London PA market, understands that Newson..
  • Bermudian reinsurer to establish 'independent presence' American International Group (AIG) is continuing to divest its interest in reinsurers it helped found, with the US giant putting its 24.2 percent stake in Bermudian IPC Re...
  • Global brokers continuing to toil in competitive post-Spitzer landscape MMC chief executive Michael Cherkasky pointed to the green shoots of recovery in his company’s first quarter results, but it was also apparent that the global brokers are still...