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englehardt-1

Swiss Re and Mapfre take a bigger slice of Admiral

Admiral has extended its existing UK car insurance reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re into 2014.

Reinsurance | 03 Feb 2012 secure

Christchurch earthquake

Munich Re profits down 70%, GWP up 9%

Exceptional major losses and “burdens from the financial crisis” slashed Munich Re’s profit last year by more than 70% to €0.71bn from €2.43bn...

Reinsurance | 02 Feb 2012 secure

001-post-0202

Post magazine – 2 February 2012

The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.

Insurer | 01 Feb 2012 secure

volatility arrows

Ace boss Greenberg sees "firming rates" in Q4 as 2011 profit falls 49% to $1.59bn

Ace Insurance has reported 49% change in its year end profit having reported net income of $1.59bn (2010: $3.11bn) in 2011.

Insurer | 01 Feb 2012 secure

Lancashire Holdings

Lancashire "best placed" for price rises

Lancashire Holding’s decision to increase its reserves for the Japan earthquake and Thai floods removes uncertainty that exists with other firms and...

Reinsurance | 31 Jan 2012 secure

earthquake

Lancashire increases Japan quake loss estimate by 56%

Lancashire Holdings has increased its estimated exposure to the Tohoku earthquake by $42.2m, or 56%, to a net loss estimate of $117.3m (£74.8m).

Reinsurance | 30 Jan 2012 secure

carl beardmore bms

BMS opens in New York

Broker BMS has launched a new office in New York.

Broker | 26 Jan 2012 secure

thailand-floods

Renaissance Re adds $45m Thai losses

Renaissance Re estimates the flooding in Thailand will cost it $45m (£29m) from its fourth quarter 2011 results but it said revisions of the New Zealand...

Reinsurance | 26 Jan 2012 secure

post-fc-260112

Post magazine – 26 January 2012

The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.

Insurer | 25 Jan 2012 secure

jonathan-turner-brit

Brit reinsurance boss Turner quits as insurer merges divisions

Brit reinsurance boss Jonathan Turner has left the firm as the business merges its reinsurance and global markets strategic business units.

Reinsurance | 25 Jan 2012 secure

thailand-floods

HCC: Thai flooding cost $10m in Q4

HCC Insurance Holdings has revealed fourth quarter Thailand flooding catastrophe loss estimates of $10m (£6.4m), taking the year’s losses to $117m....

Insurer | 25 Jan 2012 secure

mouth-taped-shut

Montpelier Re and Mitsui stay quiet on Hardy bids

Bermudan-based reinsurer Montpelier Re and Lloyd’s insurer Mitsui Sumitomo have refused to comment on rumours that they will bid on troubled Lloyd’s...

Insurer | 24 Jan 2012 secure

Money give take

Thai cat fund could prove too costly for reinsurers

International reinsurers will have to be “seriously convinced” the Thailand government’s catastrophe fund is profitable if they are to insure it....

Reinsurance | 24 Jan 2012 secure

Toby Esser group chief executive officer Coopergay

View from the top: A case of déjà vu in the market

The current economic situation means now is the right time to generate rate rises, says Toby Esser.

Broker | 24 Jan 2012 secure

extrememeasures

Spotlight on environment: Extreme measures

Extreme weather events can have enormous 
economic costs, with huge uncertainty surrounding them. So how can this uncertainty be communicated in a meaningful...

Reinsurance | 24 Jan 2012 secure

Quote of the week

We are not the first insurer to be sold, and we won’t be the last. The UK market is very dynamic and brokers have become used to dealing with the challenges this sort of corporate activity presents q

Laurent Matras, Groupama

Comment

Jonathan Swift

Editor's comment: Oxygen offers lessons for all

The ‘breath of fresh air’ puns were never too far away when the London market broker Oxygen was launched in 2004 with...

Interview

bobby-gracey1

Interview - Bobby Gracey & Dr James Lygate: The future of forensics

Despite an abrupt and fractious first meeting many years ago, Bobby Gracey and Dr James Lygate are now business partners...

View from the top

elliot-miller

View from the top: Value added pacts

The industry must band together to push the added value that insurers offer, says Elliot Miller.

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ih-against-the-grain

Against the grain 2011: A series of guest articles from expert commentators

Designed to stimulate new ideas, fresh thinking and innovation in the motor claims market.

ih-grant-thornton

The new world for insurance: business perspectives on phase II

The issues driving domicile have become a topic of ongoing interest to the insurance industry. This is why we decided that it was a subject worthy of some closer investigation.

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