Flood figures worry UK insurers
29 November 2010
The Association of British Insurers is calling for government action to guard against a rising flood damage toll…
International
Insurers worry about investment performance
29 November 2010
Investment performance in global capital markets is the major concern of insurers after the global financial crisis, according to a new Swiss Re Sigma study…
Risk management still ignored by many companies
29 November 2010
Strategic risk management remains an immature activity in many companies, according to a new survey by the Economist Intelligence Unit…
Europeans move on broker transparency
29 November 2010
Two Europeans insurance bodies will work together in future to ensure broker transactions are more transparent…
New insurance world with Solvency II
29 November 2010
The implementation of Solvency II capital requirements is expected to change the way insurers will operate…
More M&A activity predicted for US
22 November 2010
The US insurance market will see increased merger and acquisition activity over the next 12 to 18 months, according to analysts Towers Watson…
US insurance office opens new doors
22 November 2010
The US Government now has the ability to work with other insurance regulators following the introduction in July of the Dodd-Frank Wall Street Reform and Consumer Protection Act…
Coface reports stronger revenues
22 November 2010
Major trade insurer Coface has reported insurance revenues grew by 12.6% for the third quarter of this year compared to the corresponding period in 2009…
Grants help developing countries
22 November 2010
“Micro-insurers” now have the chance to cash in on grants of up to $US500,000 ($507,756) for projects to help low-income families in developing countries…
Good results for reinsurer
15 November 2010
Munich Re has reported gross written premium of €11.4 billion ($15.6 billion) for the third quarter ending September 30 this year…
JLT’s outlook positive
15 November 2010
Jardine Lloyd Thompson has reported its insurance business is trading well despite soft markets…
Catlin earnings jump
15 November 2010
Specialist property and causality insurer Catlin attributes its 13% increase in net premium earned to a jump in volumes and high rates on business written last year…
Revenue up for Berkshire, but profit down
15 November 2010
Berkshire Hathaway’s extensive insurance businesses have reported $US10.2 billion ($10.3 billion) of total premiums earned in the third quarter ending September 30…
Hannover Re on track for good profit
15 November 2010
Hannover Re’s total gross written premium for the nine months ending September was up 11.5% to €8.6 billion ($11.8 billion)…
Travel leads to more global risks, says Levene
08 November 2010
With the ease of global travel, insurers are asking how can they price the risk of a pandemic, according to Lloyd’s Chairman Lord Levene…
UK regulator has second thoughts on review
08 November 2010
The UK Financial Services Authority has put its plan to overhaul the Financial Services Compensation Scheme on hold…
AIG records an optimistic loss
08 November 2010
AIG has reported a third-quarter $US2.4 billion ($2.3 billion) net loss compared to net income of $US455 million ($448 million) in the third quarter last year…
Zurich third-quarter profit drops 18%
08 November 2010
Zurich Financial Services has reported a third-quarter operating profit of $US1.2 billion ($1.18 billion) and net income of $US751 million ($740 million)…
Swiss Re improves in Q3
08 November 2010
Swiss Re has reported a rise in net income for the third quarter, while also repaying a loan to Berkshire Hathaway early…
Axis regains profitability
08 November 2010
Bermuda-based insurer Axis Capital Holdings has recorded a third-quarter profit of $US238.8 million ($235 million), compared with a net loss of $75.3 million ($74 million)…