Regulation the main issue for UK brokers
21 May 2012
Most UK brokers believe regulation is the main challenge to their businesses, with new commission disclosure rules on the horizon…
21 May 2012
Most UK brokers believe regulation is the main challenge to their businesses, with new commission disclosure rules on the horizon…
21 May 2012
OAMPS UK is suing a rival broker and a former executive over client and staff poaching, according to a report…
21 May 2012
A review of results for Moody’s-rated property and casualty insurers shows the industry’s net income is up substantially in the first quarter – around 70% more than the corresponding period last year…
21 May 2012
Financial consultancy Deloitte is to review the British Insurance Brokers’ Association…
21 May 2012
The catastrophe bond market shows signs of firming despite a record level of issues in the first quarter, says Guy Carpenter in a study of the market…
21 May 2012
The insurance market in Myanmar is beginning to open the door to competition, following recent democratic advances – but its high capital requirements are expected to deter insurers…
14 May 2012
Global insurer Zurich increased profit by 78% to $US1.14 billion ($1.13 billion) in the first quarter, which CEO Martin Senn attributes to fewer catastrophes and disciplined underwriting…
14 May 2012
Munich Re posted a €780 million ($999 million) profit in the first quarter of this year due to reduced losses from natural catastrophes as well as higher investment income…
14 May 2012
The UK’s Financial Services Authority has banned Mitsui Sumitomo Insurance Company (Europe) Executive Chairman Yohichi Kumagai…
14 May 2012
The US market is hardening as property/casualty, professional and personal rates have increased, according to MarketScout and the Council of Insurance Agents & Brokers…
14 May 2012
Insurer and reinsurer Catlin Group has reported increases in rates and gross written premium as it recovers from last year’s catastrophe losses…
14 May 2012
XL Group’s first-quarter net income this year rose to $US176.6 million ($174.6 million) after lower natural catastrophe losses…
14 May 2012
Allianz increased first-quarter profit by nearly 53% to €1.4 billion ($1.8 billion) in a rebound from last year’s catastrophe-affected result…
14 May 2012
The US Treasury will sell down 9% of its AIG stake and aims to recover all its investment in the company, acquired in 2008 as part of a bailout of the insurer in the global financial crisis…
14 May 2012
Despite ongoing economic uncertainties around the globe, Vietnam’s insurance market is booming, says ratings agency AM Best…
14 May 2012
The US hurricane season starts in June, but authorisation of the National Flood Insurance Program is due to expire at the end of May…
14 May 2012
The British Insurance Brokers’ Association has launched a “Find a Broker” mobile application for the iPhone and iPad…
07 May 2012
The outlook for the global reinsurance sector remains stable, despite reinsurers being more exposed to potential catastrophe losses in 2012, according to ratings agency Fitch…
07 May 2012
Aon felt the impact of unfavourable currency translation and costs associated with its expansion in the first quarter, with the group reporting a 3% fall in profit to $US238 million ($233 million)…
07 May 2012
Growth in risk and consulting helped Marsh & McLennan lift first-quarter net income 6.8%…