03 August 2015
The US National Association of Insurance Commissioners has released a draft cyber security “bill of rights” that sets standards to help consumers if personal information is compromised…
03 August 2015
Swiss Re has reported an 11% increase in net profit to $US2.3 billion for the first half of this year…
03 August 2015
Scor increased profit by 28% to €327 million in the first half, despite unusually high major industrial losses…
03 August 2015
Arch Capital says net income fell 45% to $US110.3 million in the second quarter, driven by lower investment income and premium returns…
03 August 2015
Hiscox has reported a half-year profit of £129.38 million, rising 8% in a market Chairman Robert Childs says is “defying gravity”…
03 August 2015
Bermuda-based Aspen Insurance Holdings reported second-quarter net income of $US49 million, down from $US130.8 million in the corresponding period last year…
27 July 2015
The international insurance industry remains most concerned about over-regulation, according to the Centre for the Study of Financial Innovation’s biennial survey on threats…
27 July 2015
An influential US proxy advisory company has told shareholders to vote against the proposed merger of Bermuda-based PartnerRe and Axis Capital Holdings…
27 July 2015
Piracy incidents in the first six months of the year rose to 134, according to the International Maritime Bureau’s Piracy Reporting Centre…
27 July 2015
Insured losses from natural disasters worldwide totalled $US15 billion ($20.31 billion) in the six months to June 30, the lowest sum since 2006, according to the latest catastrophe report from Impact Forecasting…
27 July 2015
This year’s low number of catastrophes has prompted Moody’s to downgrade claims management company Cunningham Lindsey’s corporate family rating…
27 July 2015
More mergers and acquisitions are expected in the insurance and reinsurance industry, as companies look for new growth sources and consolidate positions, according to AM Best…
27 July 2015
Ace has reported second-quarter net income of $US942 million, up 20.8% on the corresponding period last year…
27 July 2015
US insurer Chubb says second-quarter net profit fell 1% to $US494 million, with higher catastrophe losses partly offset by premium growth in commercial and personal lines…
27 July 2015
UK insurers uncovered fraudulent claims worth a record £1.32 billion last year, up 3% from 2013, according to the Association of British Insurers…
27 July 2015
The London market continues to experience downward pressure on rates, but the effect on underwriters’ profits is masked by subdued claims activity, according to Beazley CEO Andrew Horton…
20 July 2015
The US-based Risk and Insurance Management Society recommends employers develop formal work-from-home policies to minimise their risk…
20 July 2015
Axis Capital Holdings and Bermuda-based PartnerRe have sweetened the terms of their merger proposal, in the latest bid to fend off hostile suitor Exor…
20 July 2015
At least 75% of deaths caused by natural disasters in the first half of the year were in Asia, Munich Re says…
20 July 2015
The Bermuda Monetary Authority registered 45 new insurance entities in the first half of this year, comprising 34 insurers and 11 intermediaries…