Hurricane activity this season is expected to be close to average, with scientists predicting four tropical storms including two hurricanes to strike the US between June and November.
Reinsurance |
24 May 2012
Business process outsourcing company Xchanging is to expand its insurance offering to the North American market.
Insurer |
23 May 2012
Price increases in the July reinsurance renewal period could be restricted to loss-affected sectors unless there is a further significant insured loss for the industry, Fitch Ratings has said.
Reinsurance |
09 May 2012
Marsh has reached an agreement to sell a portfolio of four businesses within Gibbs Hartley Cooper, a part of Marsh UK, to R K Harrison.
Broker |
02 May 2012
Canopius chairman Michael Watson said that taking over Omega will be the "last big deal", but is not the end of its "ambitions".
Insurer |
26 Apr 2012
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Research by Guy Carpenter shows reinsurance rates rose at the 1 April round of renewals as the market continues to work through the impact of the events of 2011.
Reinsurance |
05 Apr 2012
The former New York superintendent of insurance has warned that the transatlantic market could be destabilised if the Solvency II equivalency issue is not resolved.
Insurer |
22 Mar 2012
Canopius executive chairman Michael Watson has said that tenfold increases in premiums in Thailand have been exceptions, and complained that insurers have not done enough to raise rates across the board.
Insurer |
15 Mar 2012
Private medical insurer Bupa has announced revenues up 6% to £8bn and an underlying surplus up 20% to £559m.
Insurer |
13 Mar 2012
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After easing the pressure built up during a bodily injury claims-ravaged third quarter, bosses at Admiral have been warned that this year's hot topic of ancillary income could yet provide a sting in the tail.
Insurer |
13 Mar 2012
Antonio Huertas has said the Spanish insurer expects to achieve revenues of more than €25,000m in 2012, equivalent to a 6% increase, in a year that will be "hard" and "demanding".
Insurer |
12 Mar 2012
Eqecat has estimated that the latest series of severe weather events in the US has produced $1bn to $2bn in insured losses.
Insurer |
06 Mar 2012
Davies Arnold Cooper and Beachcroft merged in late 2011 under the DAC Beachcroft banner. Paulino Fajardo and David Pollitt discuss the tie-up and their plans for the future.
Claims |
06 Mar 2012
More severe weather hit central and southern regions of the US over the weekend, spawning several tornadoes that killed at least 39 people and caused widespread property damage, according to reports.
Insurer |
05 Mar 2012
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
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To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
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24 May 2012
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24 May 2012
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24 May 2012
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24 May 2012
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24 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...