September 2009/4

Richard Ward, the chief executive of Lloyd’s of London, spoke out last week at the long-term damage being done to the insurance market by the UK's uncompetitive corporate tax regime.

Lloyd's intends to establish a pilot scheme for claims handling in 2010 that will focus on segmentation, Lloyd's CEO Richard Ward told the inaugural meeting of the London Market Claims Council last week.

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.

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

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...

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