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  • Nissan Fire & Marine now estimated its aviation losses in connection with reinsurance contracts written by managing agent Fortress Re now total 128.8bn yen ($1.035bn).
  • Amlin, the largest independent Lloyd’s insurer, has announced plans to raise £80mn from a rights issue to fund a buy-out offer to Names on its flagship Syndicate 2001.
  • One of the most public airings of dirty washing in recent Lloyd's history ended with Names supporting plans to form Wellington Re. But it’s the insurer's nine month struggle to raise funds which shows the problems of the Society's convoluted and divided c
  • Agreement ends years of dispute over John Charman’s reinsurance programme After a month of proceedings in the High court, lawyers from ACE, Aon and Gordian - the run-off company for Australian reinsurer GIO - have entered into a confidential settlement
  • The collapse of capital providers such as HIH will cost Lloyd's more than £400mn, the market's latest annual report reveals.
  • Buffettology Merrill Lynch recently agreed to pay a $100-million fine after New York attorney general, Elliot Spitzer, investigated the firm and was shocked to discover that its analysts had, allegedly, defrauded investors by recommending stocks of dub
  • The long awaited judgement in the AXA/George Litto film finance case was handed down last month and, as the insurer feared, the presiding Judge has shown himself almost contemptuous of the insurer's arguments. AXA alleged that its former employee Jean Mic
  • Marsh, the world's largest insurance broker, has been sensationally dumped by Aetna on placing its own liability cover.
  • Lloyd's have confirmed the appointment of Lord Levene of Portsoken as the long-awaited successor to the chairmanship of Lloyd's.
  • Canada Life has issued a claim for relief and damages against French reinsurer Caisse Centrale de Reassurance (CCR) alleging that CCR has reneged “on four quota share agreements with Canada Life” and is therefore “irresponsibly and in bad faith underminin