September 2009/4

Jeffrey Greenberg’s private equity firm Aquiline Capital Partners has made an undisclosed investment in Rod Fox-headed TigerRisk to support the US reinsurance broker’s continued growth.

Swiss Re has launched a three-year $250mn Mexican wind and earthquake cat bond, as first predicted by The Insurance Insider's sister publication, Trading Risk.

The wide-ranging strategic review being undertaken by Lloyd's will be presented to its ruling body, the Lloyd's Council, at its monthly meeting in February 2010, The Insurance Insider can reveal.

Bermudian (re)insurer Ironshore's Specialty Casualty unit will now provide up to $25mn in capacity targeted to lead umbrella and excess layers...

Nick Jones, the former Heritage Syndicate 1200 lead underwriter, is set to be reunited with Jim Hays, The Insurance Insider has learned.

PartnerRe shareholders have unanimously approved the company's proposed acquisition of smaller rival Paris Re...

The global aviation insurance market is facing a challenging outlook as the historically significant airline renewal milestone of 1 October approaches this week.

The Organisation for Economic Co-operation and Development (OECD) has criticised the role played by ratings agencies in exacerbating the current global financial crisis and has called for reforms.

The representative body for the international (re)insurance industry in Ireland, the Dublin International Insurance & Management Association (DIMA), claimed its members had seen “another record year” of premium income growth in 2008...

Omega Underwriting Agency Ltd has submitted a revised business plan to Lloyd's to increase income on its offshore energy account for the 2010 year.

The National Association of Insurance Commissioners' (NAIC) Government Relations Leadership Council (GRLC) used its autumn meeting last week to formally approve the Reinsurance Regulatory Modernization Act of 2009 for submission to the US Congress.

Willis Group's determination to reduce its debt burden encouraged Moody's to revise its outlook on the insurance broker from negative to stable last week.