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Monoline insurers - XL is latest victim of monoline implosion
XL Capital has become the latest high profile victim of the implosion of the monoline insurers, afte...
IFEX announces 3100 futures traded
Reinsurance futures exchange IFEX said that, since trading began at the end of September 2007, it ha...
HCC gets approval for Syndicate 4141
HCC Insurance Holdings has acquired MultiNational Underwriters and received approval to establish a ...
St George Re writes asbestos risk
Bermuda-based reinsurer St George Re has started to write insurance for historical corporate asbesto...
Heritage sale - New chapter for Heritage not dead in the water yet
Lloyd's managing agency Heritage could yet be under new ownership this year, despite the failed take...
Foreign reinsurers - Alien dependence is on the increase
Foreign reinsurers increased their share of the US property and casualty market substantially during...
R&Q Re given the Bermuda green light
Randall and Quilter (R&Q) has received approval from the Bermuda Monetary Authority for the registra...
Guy Carpenter to open Prague office
Reinsurance broker Guy Carpenter is to open an office in Prague on 1 March 2008. The new office will...
Global risks - WEF predicts uncertain 2008
The year ahead is likely to be one of the most uncertain for a decade in terms of financial risks, a...
AIG axes Concord Re sidecar
AIG has cancelled Concord Re, the $730m class-3 Bermuda sidecar reinsurer it set up in August 2006, ...
'Deposit' of $500m was not reinsurance
Former Gen Re executives told AIG that a $500m transaction was a deposit and not reinsurance, it was...
Starr launches new Lloyd's syndicate
Starr Managing Agents, part of specialty reinsurer CV Starr, has formed a partnership with energy in...
Amlin's GWP down 5% in 2007
Amlin's gross written premium in the year ended 31 December 2007 was £1.03bn, down by 5% over the sa...
Don't get stung by English confidentiality
English arbitrations are popular because of their confidentiality. However, is there a potential sting in the tail? David McCarthy and Andrew Simpson look at circumstances under which confidential arbitration may not be in your best interests