12 December 2011
British Insurance Brokers’ Association CEO Eric Galbraith has called on the UK Government and the financial services regulator to stop blaming the industry for the global financial crisis…
12 December 2011
A collective insurance scheme to pay for natural catastrophe damage in the Asia-Pacific region has been proposed by the Japanese Government, the World Bank and the Asian Development Bank…
12 December 2011
Munich Re and a host of specialist insurers are set to go ahead with an innovative micro-insurance project for developing countries…
05 December 2011
Munich Re says attempts to halt average global temperature increases to 2°C appear “doomed to failure” and has called for a concentration on renewable energy technologies by committed countries…
05 December 2011
Global insurer Swiss Re has warned insurance companies risk losing more than a quarter of shareholder funds if the five most troubled European economies default on their debts…
05 December 2011
Catastrophes have cut sharply into the bottom lines of US reinsurers, according to the Reinsurance Association of America…
05 December 2011
The Association of British Insurers has rejected claims insurers favoured their big business clients in the aftermath of the August riots…
05 December 2011
Estimated losses from the Thai floods could be as high as $US20 billion ($19.58 billion), according to AM Best…
05 December 2011
The US hurricane season has come and gone, with the predicted record windstorms failing to materialise. Of 19 named storms, only Hurricane Irene made landfall in the US…
05 December 2011
US commercial property and casualty insurers are facing continued weak pricing that will impact profits, Standard & Poor’s (S&P) warns in a new report on the US insurance industry…
28 November 2011
UK media have named QBE as a possible buyer of the UK retail arm of Brit Insurance…
28 November 2011
Lloyd’s Chairman John Nelson has told brokers that oversight is his top priority, given the current tough market…
28 November 2011
AIG shareholders have launched a $25 billion ($25.52 billion) lawsuit against the US Government and the New York Federal Reserve over the 2008 bailout of the giant insurance company…
28 November 2011
Three Japanese insurance companies have warned of lower earnings this year after suffering heavy losses from the Thai floods…
28 November 2011
Catlin and China Re will establish a new Lloyd’s syndicate in the first direct Chinese investment into Lloyd’s…
28 November 2011
The damage bill to insurers from Hurricane Irene, which devastated the east coast of the US in August, has surged 18% to $US4.3 billion ($4.42 billion)…
28 November 2011
The third-quarter earnings of US property and casualty insurers fell sharply due to catastrophe losses, says Moody’s Investor Service in a report on publicly traded insurers…
21 November 2011
The industry must do more to encourage young people to consider a career in insurance, says new Chartered Insurance Institute President Julian James, who has launched his presidential year…
21 November 2011
Insurers to the operator of the Deepwater Horizon oil rig have fought off a claim by BP that it was covered under their policies when the rig exploded in the Gulf of Mexico in April last year…
21 November 2011
US premiums in three out of four lines of business are on the rise again, according to the latest Risk Management Society’s Benchmark Survey…