The London Market Group (LMG) has launched a market consultation on the six priority initiatives under the target operating model (Tom), the group announced this morning (6 November)
The world's biggest reinsurer Munich Re reported a 36 percent drop in its third quarter operating profit to EUR579mn ($632mn), on the back of lower investment results.
Lloyd's has awarded Asia Capital Re (ACR) in-principle approval to establish a special purpose syndicate (SPS) with Argo, The Insurance Insider can reveal.
Validus CEO Ed Noonan has suggested that the carrier is rethinking its strategy for its hedge fund reinsurance vehicle following another set of losses last quarter.
