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Reinsurance

RMS '87 hypothesis

Twenty years since the 'Great Windstorm' that hit southern England and northern France on 15 and 16 ...

MMC securities repositions under Guy Carp brand

Global broking and advisory group Marsh & McLennan Companies (MMC) has announced that it has changed the name of its MMC Securities investment banking subsidiary to GC Securities and has expanded its capabilities in Europe.

Hiscox cancels pioneering Panther sidecar

Lloyd's and Bermuda specialit (re)insurer Hiscox has revealed that Panther and its Lloyd's Syndicate 33 have agreed that the quota share deal between Panther Re and Syndicate 33 covering the 2007 year of account will not be renewed for 2008.

RAA backs Florida Cat Fund proposal

The Reinsurance Association of America (RAA) has backed a proposal by a senior government officer in Florida it says could reduce the potential for future catastrophe fund assessments on Florida’s insurance consumers.

Flagstone wins Dubai approval

Flagstone Re has announced that it has been granted authorized status for its subsidiary, Flagstone Underwriters Middle East Limited, by the Dubai Financial Services Authority (DFSA) and will operate in the Dubai International Financial Centre (DIFC).

Marsh assembles jumbo $425m US property facility

Marsh has unveiled a property facility that will provide up to $425m of non-catastrophe capacity in the London market for US and Canadian companies. The facility can also be adapted to provide up to $262.5m of non-critical catastrophe capacity and up to …

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