28 April 2014
Fitch has reiterated its negative outlook for the global reinsurance sector, as declining premiums and weaker conditions across a range of lines offset lower catastrophe losses last year…
28 April 2014
The British Insurance Brokers’ Association has welcomed a reduction in the controversial Financial Services Compensation Scheme levy on general insurance intermediaries…
28 April 2014
US property and casualty insurers’ profits soared last year to their highest level since the global financial crisis, driven by lower catastrophe losses and premium growth…
14 April 2014
Ratings agency AM Best expects to re-evaluate its stable outlook for global reinsurers after the mid-year renewal season, as competition increases…
14 April 2014
Arthur J Gallagher says first-quarter profit grew 21.7% to $US49.3 million as the broking division powered an “excellent start” to the year…
14 April 2014
Natural disasters caused insured losses of $US7 billion in the first quarter of this year, as about 70 events hit worldwide, according to Impact Forecasting…
14 April 2014
Money managers and mutual funds are moving into insurance-linked securities (ILS) investments, meaning the market will continue to add new reinsurance capacity…
14 April 2014
The emerging markets of Brazil, Russia, India, China and South Africa face increased political risk, according to Aon Risk Solutions…
14 April 2014
Reinsurers’ profitability improved last year and their capital holdings reached a record high as pension funds and other investors entered the catastrophe bond market…
14 April 2014
The Association of British Insurers wants higher-value homes included in the UK Government’s Flood Re plan for affordable cover…
14 April 2014
US commercial insurance rates increased 3% last month, compared with a 2% gain in February, extending a pattern of slow but steady increases, according to analyst MarketScout…
07 April 2014
Prices continued to fall at the April 1 reinsurance renewals, driven by continued demand for catastrophe bonds and new capital providers’ entry to the US market, according to Willis Re…
07 April 2014
The latest Intergovernmental Panel on Climate Change report says the effects of global warming can already be seen, and the world is “ill-prepared”…
07 April 2014
Last year’s devastating floods in Western Europe have shown how mitigation can reduce losses, according to Munich Re…
07 April 2014
Nearly 90% of Californian homeowners were without earthquake insurance when a 5.1-magnitude tremor struck on March 28, according to state authorities…
07 April 2014
Ironshore is preparing to list its shares on the US stock market, according to UK media reports…
07 April 2014
Former UK Institute of Insurance Brokers CEO Barbara Bradshaw has taken a consultancy role at the British Insurance Brokers’ Association…
07 April 2014
Insurance losses from the disappearance of Malaysia Airlines flight MH370 range from $US250 million to $US450 million ($271 million to $487.81 million), depending…
31 March 2014
Lloyd’s profit before tax grew 16% to £3.21 billion ($5.77 billion) last year as a benign period for natural catastrophes and reserve releases offset low interest rates and price…
31 March 2014
London’s position in the global market is under threat, according to new London Market Group Chairman Steve Hearn…