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Catlin reports £9m loss
Lloyd's insurer Catlin has reported a loss before tax of $13m (£9.1m) for 2008 (2007: $543m profit)....
Willis suspension
Willis has said it is suspending its practice of providing annual earnings guidance due to uncertain...
Marsh group revenue rises
Marsh and McLennan group companies saw global revenue across the risk and insurance services busines...
McCarthy entertains delegates
Perry McCarthy, the original Stig from television's Top Gear, entertained delegates in the final ses...
Word from our event partner
Enterprise Rent-A-Car specialises in the provision of replacement vehicles and courtesy cars that ar...
Appointment at Markel International
Markel International has recruited Tomas Nilsson as claims manager for Markel International Sweden...
Appointment at Liberty
Liberty International Underwriters Europe, a division of Liberty Mutual Group, has appointed Christ...
Biba finds fee increases 'devilishly unfair'
The British Insurance Brokers' Association has called the proposed changes to the compensation schem...
Jobs with high injury risk pose greater issues for employers
R v Chargot Ltd (t/a Contract Services) and others (House of Lords - 10 December 2008)
Past legislation not predictive
As a contributor to the environmental liability directive article last week, I would like to clarify...
XL to cut staff globally
Bermuda insurance giant XL Capital has said it will cut its global workforce by 10% to cope with the...
Aon CEO replaced
Aon has replaced Steve McGill as non-executive chairman with the former chairman of stockbroker Brid...
Post pick of the week
Post reporter Sarah Hills rounds up the top stories from the general insurance sector. This week: The government investigates an alleged £2m black hole in Shakespeare Underwritings accounts; Marsh reaches out to disenfranchised regional brokers in push…
IPC Holdings shares jump after results beat expectations
Shares in Bermudian (re)insurer IPC Holdings were up nearly 6% at $28 in early trading on NASDAQ after the company's results beat analysts expectations.
Helphire to raise capital
Helphire has proposed to strengthen its balance sheet by raising £50m equity finance.
Esure creates 500 jobs in Glasgow
Esure is to expand its Glasgow operations by creating 500 jobs within five years.
IAG in A$450m capital raising
Insurance Australia Group (IAG), said that it has raised A$450m from institutional investors in an effort to give it capital room.
Berkshire Hathaway disclosed stock portfolio value falls nearly 26%
Berkshire Hathaway, the owner of US reinsurance giant General Re and US motor insurer Geico has reported that the dollar value of its disclosed assets has falled nearly 26%.
Prudential one potential bidder looking at AIG's Phillipines life insurance assets - reports
UK insurer Prudential has teamed up with the Bank of Phillipines Islands in an attempt to buy AIG's Phillipine life insurance business, Reuters has said.
(Re)insurance industry should be able to survive financial crisis says Scor CEO
Insurers and reinsurers alike should be able to survive the current financial crisis, Scor chief executive Dennis Kessler has said in an interview.
Atrium promotes senior underwriter to run Singapore office
Atrium Underwriting said it has opened an office in Singapore to develop regional business on behalf of Atrium Syndicate 609. Atrium Singapore is being established using the Lloyd's Asia platform and will write a portfolio of marine and energy, aviation…
IPC Holdings FY net income drops 76%
IPC Holdings, the Bermudian holding company for reinsurer IPC Re, said that full-year net income dropped 76%, hampered - like its rivals- on investment income losses.
Arch's FY net income more than halves
Arch Capital, the Bermudian (re)insurer, reported a fourth quarter net loss of $142.9m, down from a net gain of $234m in the same period of 2007. Arch's full-year net income result more than halved to $265.1m, down from $832m the year before.