23 February 2015
The insurance marketplace is in a state of flux and companies are preparing to make the most of new opportunities while dodging threats, the annual PricewaterhouseCoopers Global CEO Survey shows.…
23 February 2015
The long-predicted string of reinsurer mergers and acquisitions will do nothing to slow falling premium rates, according to Standard & Poor’s…
23 February 2015
Swiss Re has reported net income of $US3.5 billion ($4.49 billion) for last year, down 20% on 2013…
23 February 2015
Fairfax Financial Holdings of Canada has acquired UK-based global Lloyd’s specialty insurer and reinsurer Brit for $US1.88 billion ($2.41 billion)…
23 February 2015
A flurry of fourth-quarter activity resulted in a record catastrophe bond issuance of $US8 billion ($10.26 billion) last year, according to reinsurance broker Guy Carpenter…
23 February 2015
Tokio Marine Holdings’ net profit increased 42% to ¥214.04 billion ($2.31 billion) in the nine months to December 31, driven by a US-led upturn in global economic growth…
23 February 2015
Aon expects to double its free cashflow from $US1.5 billion ($1.92 billion) in 2012 to more than $US2.3 billion ($2.95 billion) a year by the end of 2017, CEO Greg Case says…
23 February 2015
US commercial property and casualty rates again remained flat overall last month, after a 37-month run of rises ended in December, according to MarketScout…
16 February 2015
AIG’s net profit dropped 17.1% to $US7.53 billion ($9.69 billion) last year, pushed down by debt repayment costs…
16 February 2015
Zurich Insurance Group made an operating profit of $US4.64 billion ($5.99 billion) last year, down 1% from 2013…
16 February 2015
Large mergers and acquisitions have recently occurred in the London insurance market, and private equity groups looking to sell stakes are expected to drive activity over the next year, according to AM Best…
16 February 2015
European insurers warn proposed laws on data protection may increase the cost of cover…
16 February 2015
Scor Global P&C achieved gross written premium of €2.8 billion ($4.13 billion) at the January 1 renewals, up 2.4% on last year…
16 February 2015
Natural catastrophe losses fell to $US110 billion ($142 billion) last year from $US140 billion ($181 billion) amid a mild North Atlantic hurricane season and an absence of major disasters, according to Munich Re…
16 February 2015
Global insurer and reinsurer Catlin has posted a 6.6% rise in net profit to $US418 million ($541 million) for last year, fuelled by higher premium earnings…
16 February 2015
Willis Group Holdings has reported net income of $US362 million ($467 million) for last year, down slightly from $US365 million ($471 million) in 2013…
16 February 2015
Bermudian insurer and reinsurer Arch Capital recorded an 18.1% rise in net income to $US812.4 million ($1.05 billion) last year…
16 February 2015
The Association of Insurance and Risk Managers in Industry and Commerce has welcomed the UK Parliament’s unanimous approval of the Insurance Bill…
09 February 2015
The UK’s terrorism pool has been criticised for failing to provide business interruption cover when there is no property damage…
09 February 2015
UK brokers want more funding for flood defences, changes to riot laws that give businesses more time to make claims and more action on fraudulent motor claims, the British Insurance Brokers’ Association says in its manifesto for this year…