21 October 2013
The management group that bought UK insurer Hastings from IAG for £23.5 million ($39.39 million) has sold half the company to an arm of Goldman Sachs, in a deal that values the business…
21 October 2013
Charles Whiteaway, executive director of specialist marine broker FP Group, has stepped down after 20 years with the company…
14 October 2013
Controversial plans to introduce a risk-based global insurance capital standard will face “significant challenges”, according to the Geneva Association…
14 October 2013
International regulation is at a key stage in its evolution, according to the Global Federation of Insurance Associations…
14 October 2013
UK general insurers feel mildly optimistic after business volumes and premium incomes gained over the northern summer, according to a survey…
14 October 2013
Global natural catastrophes caused economic damage of $US15 billion ($15.89 billion) last month, exposing a lack of insurance, according to Aon Benfield’s latest report…
14 October 2013
Munich Re has appointed Bernhard Kaufmann as Group Chief Risk Officer, effective from January 1…
14 October 2013
US property and casualty premium rates grew slightly last month, according to insurance exchange MarketScout…
14 October 2013
Moody’s Investors Services has affirmed its A2 insurance financial strength ratings on XL Group’s insurance subsidiaries…
14 October 2013
Global broker Willis expects US commercial property premiums on non-catastrophe-exposed risks to fall 10-12% next year…
07 October 2013
Lloyd’s predicts more syndicates backed by alternative capital will join the market as investor demand for new revenue streams grows…
07 October 2013
Global catastrophe bond issuance this year may beat the $US7 billion ($7.45 billion) record set in 2007, according to Guy Carpenter…
07 October 2013
The US Federal Emergency Management Agency has attracted its own protest group, as further measures to phase out National Flood Insurance Program subsidies began last week…
07 October 2013
The European Union is considering a further delay to Solvency II, to give supervisors, insurers and reinsurers enough time to prepare for the new regulatory regime…
07 October 2013
Gradual global economic growth will raise premiums over the next couple of years, as insurers’ investment returns remain subdued, according to Swiss Re…
07 October 2013
US property and casualty insurers recorded a 42% rise in profit for the six months to June 30, as premiums increased and losses fell…
07 October 2013
A free trade agreement between the European Union and Singapore will provide greater market access for European insurers, AM Best says…
07 October 2013
The Financial Stability Board’s risk management framework must consider the diversity of insurance business models, according to the Global Federation of Insurance Associations…
30 September 2013
Lloyd’s earnings fell 9.9% in the six months to June 30 as investment returns slumped…
30 September 2013
Winding back flood insurance subsidies may lead consumers to cut cover and could cost people their homes, a US Senate inquiry has heard…