11 April 2011
Updated forecasts for the 2011 US hurricane season have done little to put insurers and reinsurers at ease, with the season still expected to produce “well above average” hurricane activity…
11 April 2011
Signs of a recovery in the UK’s moribund financial sector are beginning to show, with insurers joining the broader financial sector to post a third consecutive quarter of growth…
04 April 2011
Lloyd’s has reported a pre-tax profit of £2.19 billion ($3.4 billion) for the 2010 calendar year compared to £3.8 billion ($5.9 billion) in 2009…
04 April 2011
Japan’s nuclear fallout from the Fukushima Dai-ichi plants continues to grow, with estimates of compensation continuing to rise…
04 April 2011
Aggregator websites will account for nearly half of all personal motor policies sold in the UK by 2014, according to a new report by Ernst & Young and the Chartered Insurance Institute…
04 April 2011
Chartis has replaced its global CEO and divided the business into two groups – consumer and commercial…
04 April 2011
Swiss Re experts say rising losses from natural and man-made catastrophes reinforce the need for preventative and post-disaster management to help “reduce human suffering”…
04 April 2011
The German insurance federation, GDV, wants the European Court of Justice’s decision to outlaw the use of gender as an underwriting determinant overturned…
04 April 2011
Allianz insurance researchers say a seven-fold increase in catastrophe losses since the 1970s is the result of increasing global economic growth and climate change…
04 April 2011
The Association of British Insurers has welcomed a UK Government move to stamp out excessive legal costs, saying it will give genuine claimants a better deal…
28 March 2011
Bermuda’s reinsurance market has taken a sizeable hit from the Queensland floods and Christchurch earthquake of 2011…
28 March 2011
The official death toll from the Japanese earthquake and tsunami on March 11 has now reached 10,000, but the number of missing people has been reported as 17,500…
28 March 2011
Munich Re has revealed it will not achieve its 2011 profit target as figures of the industry’s losses from the Japanese earthquake and tsunami begin to trickle through…
28 March 2011
Global broker and risk consultant Aon says there are “so many unknowns” following the Japan earthquake and tsunami, it’s hard to say what the impact will really be…
28 March 2011
Otto Thoresen, the Association of British Insurers’ incoming Director-General, says the insurance industry needs an image makeover…
28 March 2011
The British Insurance Brokers’ Association says future regulations need to focus on the sector’s limited risk exposure while reducing costs to intermediaries…
28 March 2011
The impact of Solvency II on insurers is drawing a mixed response from the insurance industry and ratings agencies…
28 March 2011
Japanese life insurers could be facing between ¥300 to ¥400 billion ($3.6 billion to $4.8 billon) of claims stemming from the March 11 earthquake and tsunami, according to ratings agency…
28 March 2011
Flagstone Reinsurance has been put on ratings watch by Moody’s after the release of its estimated losses from the Australian floods and February 22 Christchurch earthquake…
28 March 2011
The UK has introduced a new motor insurance law to tackle uninsured driving in response to the nation’s motor insurance crisis…