January 2013/1

Goldman Sachs confirmed it is considering selling a majority stake in its reinsurance business, after sister publication The Insurance Insider reported that it was looking to sell to wealthy individuals through a private placement

Club deal seems to be exactly the right term for a private cat bond, with all the cliquey-ness that the term implies

American International Group (AIG) has drawn on a greater proportion of collateralised cover for its 2013 US property catastrophe reinsurance programme after switching to a treaty based around "one-shot" covers

Intermediaries expect 2013 to be a relatively stable year for the ILS market with an average forecast of about $6bn in annual issuance