• X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

September 2012/4

  • 2012 M&A transactions
  • Valuations for (re)insurers in The Insurance Insider's P&C universe
  • Weekly share price movements and key data on The Insurance Insider's universe of P&C (re)insurers and brokers
  • Tawa's majority shareowner, French billionaire Francois Pinault, is behind the push for a full sale of the company, The Insurance Insider understands.
  • Argo is continuing to consider a variety of capital management strategies to support its underwriting at Lloyd's for the 2013 year of account, including a loss portfolio transfer (LPT) of prior-year exposures
  • The establishment of a specialist dispute resolution scheme in Qatar for high-value insurance and reinsurance claims has been proposed by law firm Pinsent Masons and the Qatar International Court and Dispute Resolution Centre (QICDRC).
  • Ace has sued US insurance group OneBeacon for allegedly conspiring with eight former Ace employees in order to steal trade secrets from the firm before their "coordinated resignations".
  • Lloyd's CEO Richard Ward has said that smaller syndicates struggling under the burden of membership costs required by the Corporation must "get with the programme".
  • The National Association of Insurance Commissioners (NAIC) has adopted legislation outlining the Own Risk and Solvency Assessment (ORSA) for US insurers, a key element in modernising regulation in the US.
  • Montpelier Re and Validus could end up with the greatest proportion of excess capital among the Bermudian reinsurers if the 2012 hurricane season finishes as benignly as it began, according to Keefe, Bruyette & Woods (KBW) analyst Cliff Gallant.
  • (Re)insurance M&A has fallen to its lowest level for the past three years in the first half of 2012, according to a report by Clyde & Co.
  • RMS is working on a new software platform for launch in 2014 that it says will enable much quicker risk updates than the current system, which normally takes 5-6 years to complete a major scientific revision.