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Editor’s remarks: Contingent commissions - A level playing field but an ugly game 09 March 2010

Marsh and Aon should be more vocal about whether they will accept contingent commissions now that their ban has been lifted.
Economic uncertainty strengthens fac offering 08 March 2010

Fac players are bullish about their business offering in the uncertain economic climate. But with fierce competition among brokers and softening rates there the picture is not as rosy as it may seem.
Marsh appoints GRM practice leader 08 March 2010

US insurance broker Marsh has announced the appointment of Jonathan Zaffino as US global risk management (GRM) casualty practice leader.
MMC looking to sell Kroll for $1.3bn: report 08 March 2010

Marsh & McLennan Companies (MMC) is looking to sell Kroll, its corporate investigations division, for about $1.3bn, reports the Financial Times.

9/11 captive makes $657m settlement 12 March 2010

The WTC Captive Insurance Company has announced a settlement with attorneys for more than 10,000 plaintiffs claiming injuries related to the rescue, recovery and debris removal operations following the September 11 2001 terrorist attacks.
AIG Nan San resolution pushed back to June 12 March 2010

The stalled sale of American International Group’s (AIG) Taiwan life unit may not be resolved until June amid concerns over funding, Reuters has reported
Allianz Indonesia targets $544m in premiums 12 March 2010

Allianz Indonesia is aiming to achieve a 16% increase in the total premiums in 2010. The insurer is targeting the premium amount to reach to about $544m.
Cold UK winter to cost insurers £650m 12 March 2010

Insurers paid out £650m ($980m) in dealing with 335,000 claims from customers who suffered damage to their homes, businesses and vehicles in the coldest winter for thirty years, according to the ABI.

9/11 captive makes $657m settlement 12 March 2010

The WTC Captive Insurance Company has announced a settlement with attorneys for more than 10,000 plaintiffs claiming injuries related to the rescue, recovery and debris removal operations following the September 11 2001 terrorist attacks.
Insurance buyers worried about Solvency II 12 March 2010

The Federation of European Risk Management Associations (Ferma) has voiced concerns about the effect Solvency II and capital requirements put forward by the Committee of European Insurance and Occupational Pensions Supervisors will have.
Editor’s remarks: Contingent commissions - A level playing field but an ugly game 09 March 2010

Marsh and Aon should be more vocal about whether they will accept contingent commissions now that their ban has been lifted.
INTERVIEW: Pat Gallagher on contingents 03 March 2010

After the ban on contingent commissions was lifted for the world’s three biggest three brokers, Reactions spoke to Pat Gallagher, chairman, president and CEO of the fourth-largest US broker Arthur J Gallagher & Co to see what his opinion is on the controversial payments.

Swiss Re to issue first Perils-based cat bond 09 March 2010

Swiss Re is preparing a new catastrophe bond, which will be the first cat bond to use Perils AG as a benchmark for losses.
Convergence Quarterly: ILS outlook for 2010 12 February 2010

Fresh off the back of the busiest ever fourth quarter for cat bonds, insurance-linked securities activity is predicted to be high in 2010. Reactions' Convergence Quarterly section includes all the cat bond data from 2009.
Hartford’s Foundation III cat bond completed 29 January 2010

A catastrophe bond to provide The Hartford with protection against east and Gulf Coast US hurricanes has been completed.
Hannover Re increases K6 deal by $152m 27 January 2010

German reinsurer Hannover Re has securitised more natural catastrophe risk through its K6 transaction.

Cold UK winter to cost insurers £650m 12 March 2010

Insurers paid out £650m ($980m) in dealing with 335,000 claims from customers who suffered damage to their homes, businesses and vehicles in the coldest winter for thirty years, according to the ABI.
Flagstone Re expects $50m quake exposure 12 March 2010

Flagstone Reinsurance Holdings, the global reinsurance and insurance company, has announced its preliminary estimate of claims relating to its exposure to the earthquake in Chile is $50m net of reinstatement premiums and retrocession.
Insurance buyers worried about Solvency II 12 March 2010

The Federation of European Risk Management Associations (Ferma) has voiced concerns about the effect Solvency II and capital requirements put forward by the Committee of European Insurance and Occupational Pensions Supervisors will have.
Kramer stands down as CEO of Ariel Holdings 12 March 2010

Don Kramer has stood down as CEO of Ariel Holdings.