04 March 2013
Insurance companies in the Berkshire Hathaway investment group saw a significant improvement in underwriting profit last year as they recovered from earthquake and weather losses in 2011…
04 March 2013
Liberty Mutual Insurance has reported net income of $US829 million ($812.65 million) for the year to December, up 131% on $US358 million ($350.9 million) in 2011, despite losses from Superstorm Sandy…
04 March 2013
Recent alliances will help AIG turn its life insurance business into a global operation, according to CEO Robert Benmosche…
04 March 2013
Social media and mobile platforms are critical tools for insurers to improve customer engagement and fight off competition from new entrants, according to a global survey of insurance customer attitudes…
04 March 2013
French trade credit insurer Coface reported an 80% increase in net profit to €129 million ($165 million) in 2012…
04 March 2013
Netherlands-based Brit Insurance has reported an 11% rise in total profit after tax for 2012, driven by lower natural catastrophe losses and higher investment returns…
04 March 2013
Britain’s High Court has upheld a decision that the September 11 2001 attacks on the World Trade Centre Twin Towers were two events…
25 February 2013
AIG’s after-tax operating income grew more than 200% in the year to December 31, reaching $US6.64 billion ($6.45 billion) from $US2.09 billion ($2.03 billion) in the previous year…
25 February 2013
Higher property and casualty premiums and fewer natural disasters helped Swiss Re to record a 62% rise in profit to $US4.2 billion ($4.1 billion) in 2012…
25 February 2013
Tokio Marine Holdings has reported a ¥87.38 billion ($904 million) profit for the nine months to December 31, compared with a ¥19 billion ($190 million) loss in the previous corresponding period…
25 February 2013
Former IAG UK CEO Neil Utley has been banned from the Lloyd’s market for two years after settling two charges of detrimental conduct…
25 February 2013
Bank of England Executive Director Andrew Bailey is to become CEO of the UK’s new Prudential Regulatory Authority from April 1…
25 February 2013
US crop insurance indemnities have come in below Congressional Budget Office estimates, according to the National Crop Insurance Services trade body…
25 February 2013
Aviation, consumer goods and the insurance industry itself have the best risk practices, according to the Aon Risk Maturity Index…
25 February 2013
Almost 90% of insurance company CEOs are confident about revenue growth, according to a new global survey…
25 February 2013
Specialist UK underwriter Dual has appointed Alan Grant as its new global non-executive Chairman…
18 February 2013
Policyholders are generally covered for damage caused by meteors such as the one that exploded over Russia last week, catastrophe modeller AIR Worldwide says…
18 February 2013
Investors have pushed shares in broker Willis to a four-month high on the New York Stock Exchange after a better than expected full-year result…
18 February 2013
Surging investment returns in the fourth quarter have allowed Zurich Insurance Group to table a slight increase in full-year net income…
18 February 2013
Diversified group Marsh & McLennan has locked in an 18% net income increase to $US1.18 billion ($1.15 billion) for the full year…