BIBA raises Flood Re concerns
19 August 2013
The UK Government’s proposed flood cover scheme needs more work, according to the British Insurance Brokers’ Association…
19 August 2013
The UK Government’s proposed flood cover scheme needs more work, according to the British Insurance Brokers’ Association…
19 August 2013
Zurich has reported net income of $US1.85 billion ($2.01 billion) for the first half of this year, down 17% from $US2.23 billion ($2.43 billion) in the corresponding period last year…
19 August 2013
AIG has rehired former executive Kevin Hogan to be CEO of its expanded Global Consumer Insurance business…
19 August 2013
Lloyd’s has put a video and a written collection of historic milestones on its website to celebrate its 325th anniversary…
19 August 2013
US property and casualty insurance fraud costs $US32 billion ($35 billion) a year, according to the Insurance Information Institute…
12 August 2013
Asia holds huge potential for reinsurers thanks to its robust development of insurance and strong economic growth, according to ratings agency Fitch…
12 August 2013
The Risk and Insurance Management Society has renewed its call for the US Terrorism Risk Insurance Act to be renewed before it expires at the end of next year…
12 August 2013
Munich Re says first-half consolidated profit fell 4.5% to €1.5 billion ($2.2 billion), including a second-quarter claims burden of €230 million ($341 million) from floods in Europe…
12 August 2013
Swiss Re has reported a “robust” profit of $US786 million ($876.2 million) for the second quarter, despite high levels of natural catastrophes…
12 August 2013
Marsh & McLennan has reported net income of $US802 million ($884.47 million) for the first half, up from $US676 million ($745.51 million)…
12 August 2013
Berkshire Hathaway says underwriting earnings more than doubled in the first half as its reinsurance and vehicle operations offset losses from second-quarter European floods…
12 August 2013
Bermuda-based insurer Catlin has posted a drop in earnings after rising interest rates cut the market value of its fixed-income portfolio…
12 August 2013
Liberty Mutual Holding Co says profit grew 28% to $US766 million ($853.9 million) in the first half, while catastrophe losses fell sharply…
12 August 2013
Earnings for loss adjuster Crawford & Co grew 62% for the half-year to June 30 following an improved performance from the US, Canada and Latin America, CEO Jeffrey Bowman says…
12 August 2013
China bore the brunt of last month’s natural catastrophes, according to the latest Impact Forecasting Global Catastrophe Recap…
12 August 2013
Rate rises on US personal and commercial lines flattened in an uneventful market last month, insurance exchange MarketScout says…
12 August 2013
Insurance payments following the tornado outbreak that swept across central Oklahoma in May have topped $US1 billion ($1.1 billion)…
05 August 2013
Global insurance rates fell in the second quarter, according to Marsh’s latest briefing…
05 August 2013
Insurance-linked securities issuance reached $US3.97 billion ($4.43 billion) in the first half of this year, its highest level for the period since 2007, according to an Aon Benfield report…
05 August 2013
AIG has reported net income of $US2.7 billion ($3.03 billion) for the second quarter, up from $US2.3 billion ($2.58 billion) in the corresponding period last year…