10 September 2012
The owner of the World Trade Centre’s twin towers will continue legal action against airlines over the September 11 terrorist attacks, after a New York judge refused to dismiss the case…
10 September 2012
The China Insurance Regulatory Commission has granted reinsurance broker Guy Carpenter permission to open a Shanghai office…
03 September 2012
Capital market reinsurance models such as catastrophe bonds, sidecars and hedge fund-backed reinsurance start-ups are an increasingly viable alternative to traditional reinsurance, a new report by…
03 September 2012
Seven years after Hurricane Katrina devastated New Orleans, Hurricane Isaac crossed the Louisiana coast last week, testing defences built after the August 2005 disaster…
03 September 2012
The new strategic direction for Lloyd’s will see the market build a “United Nations of insurance” off the back of booming developing markets, according to reinsurance broker Guy Carpenter…
03 September 2012
The US drought is spreading to more states as analysts continue to revise insurance cost forecasts upward…
03 September 2012
US-based QBE Aviation will pay a 22% “good experience return” to the Independent Fixed Base Operators Association’s workers’ compensation scheme…
03 September 2012
US reinsurers made a combined profit of $US3.7 billion ($3.56 billion) in the six months to June 30 – up substantially on the previous corresponding period when they were hit by earthquake, tsunami…
03 September 2012
Software supplier Ebix is to expand its Indian workforce amid a boom in the business process outsourcing sector…
03 September 2012
Zurich is seeking further growth in emerging markets, with CEO Martin Senn saying the group wants to buy more licences in Chinese cities…
03 September 2012
JLT Reinsurance Brokers has increased its presence in Asia, as it seeks to build on what it considers a good fit between its strategic focus and the emergence of growing markets…
27 August 2012
The spate of Asia-Pacific catastrophes in the past two years has encouraged reinsurers to take stock of their existing portfolio and re-evaluate their underwriting approach and risk appetite…
27 August 2012
A Standard & Poor’s report on the US drought has put the cost to crop insurers and reinsurers at $US5 billion ($4.75 billion)…
27 August 2012
Ecclesiastical Insurance, the parent of Ansvar Insurance, has described the church-based insurer’s first-half results as “steady” despite underwriting losses of £14.4 million ($21.8 million)…
27 August 2012
US insurers can look forward to a bump in earnings over the coming months following a strong second quarter, according to ratings agencies…
27 August 2012
Lloyd’s insurer and reinsurer Amlin has returned to profit in the half-year to June 30, after a performance last year that was its worst since 2001…
27 August 2012
The Federal Reserve Bank of New York has sold the last remaining securities associated with the 2008 AIG bailout, securing a healthy profit for US taxpayers…
20 August 2012
Zurich has recorded a 17% rise in operating profit to $US2.5 billion ($2.38 billion) for the six months to June 30…
20 August 2012
Ratings agency Fitch says Japanese non-life insurers are vulnerable to unexpected rises in insured catastrophe losses or falls in the domestic stock market, as they try to restore capitalisation…
20 August 2012
The Office of Insurance Regulation in Florida has rejected a rates filing from QBE US subsidiary Praetorian to cut its rates for lenders’ mortgage insurance by 2.2% – instead suggesting the insurer…