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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.

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.
Fed to bear MetLife’s Alico deal losses 12 March 2010

The Federal Reserve Bank of New York and AIG have agreed to take on $450m in losses as part of the sale of American Life Insurance Company (Alico) to MetLife.
IAG lowers 2010 margin outlook 12 March 2010

Insurance Australia Group (IAG) has slashed its 2010 insurance margin outlook to between 10.5% and 12% amid a rise in weather claims.
Norway’s Gjensidige plans IPO in H2 12 March 2010

Norway’s Gjensidige is looking to unveil an initial public offering in the second half of 2010.

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.
The future for contingent commissions 22 February 2010

With Aon, Marsh and Willis now able to accept contingent commissions again, the market is abuzz with questions about which of them will accept the controversial payments, how much business this could bring and what buyers’ reaction will be.
Bermuda moves towards regulatory equivalence 19 February 2010

Bermuda’s regulator is making strides towards its goal of achieving regulatory equivalence. It also revealed that the island’s insurance market’s assets grew by 7% last year.

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.

Chile hit by two large aftershocks 11 March 2010

On Thursday, March 11 two large aftershocks of the Mw8.8 Chile earthquake have struck the Libertador O’Higgins region of central Chile, reports the RMS Reactions Catastrophe Centre.
Everest Re estimates Chile, Xynthia loss 11 March 2010

Everest Re has estimated its preliminary loss owing to the earthquake in Chile at about $225m.
Hannover Re posts “pleasing” result for 2009 11 March 2010

Hannover Re said Thursday that group net income increased by Eu858.2m ($1.2bn) to Eu731.2m in 2009; the largest net income in the group's history.
PartnerRe unit sells $500m debt 11 March 2010

A unit of PartnerRe has raised $500m through a 10-year note sale. PartnerRe Finance has issued the senior notes, maturing June 1, 2020.