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Realised and unrealised losses
The (re)insurance industry has also shown a number of unrealised and realised losses during the thir...
Investment losses
(Re)insurance companies have seen their investment income dive over the third quarter of 2008 compar...
Giving peace a chance
Andrew Appel, chief executive at Aon Re, talks to Alexander Ferguson about taking on the top job, what he's expecting out of the Benfield deal, and giving peace a chance
Hannover Re issues FY profits warning
Hannover Re, the German reinsurance giant, has said that the sharp fall in equity prices and the "ab...
Recruitment moves
AIG's acting chief financial officer Steven Bensinger has resigned, with David Herzog taking his pla...
Aon reveals 43% drop in income
Aon has reported a 43% fall in net income to $117m (£71.8m) (Q3 2007: $204m).
Unitas gains new member
Hull-based broker The Insurance Partnership Services has joined the ranks of Unitas.
BGL's Junction unveils new director
Matthew Gledhill has been appointed marketing director for Junction.
Odyssey Re reports operating loss of $6.4m
Odyssey Re has reported net income of $121.5m for the third quarter ended 30 September, compared to $112.1m for the same period last year.
Lloyd's broker founder and CEO to step down
THB has announced that group chief executive Vic Thompson is to retire from the company and the board on 30 April 2009.
Technology insurance needs highlighted as details of 500,000 people are stolen
As the Sinowal computer virus steals bank details of over 500,000 bank account and credit card details in UK, US, Australia and Poland since February 2006, businesses need to invest in ‘e-risks’ insurance writes Katherine Brandon, reporter, Professional…
Hartford sees $2.6bn loss
The Hartford Financial Services Group has reported a third quarter net loss of $2.6bn, compared to a net income of $851m in the same period last year.
BGL reports 43% increase in profits
The BGL Group today announced a 43% increase in profit to £43m for the financial year July 2007 to June 2008.
Confused adds Halifax to home panel
Price comparison site Confused has added Halifax to its home insurance panel.
Marsh in trade credit warning
Mounting fears of a UK recession among businesses have led to a sharp increase in the sale of trade credit insurance policies. However, Marsh added the protection available from insurers is becoming limited in some trade sectors.
Aspen hit by hurricanes and credit crunch
Aspen rcorded a third quarter 2008 net loss after tax of $116.7m, compared with a net profit after tax of $117.2 million in Q3 2007.
HSBC and Junction partnership delivers 250% motor insurance sales growth
HSBC is delivering motor insurance to a record number of new customers following its affinity partnership with Junction.
One in 10 small businesses struggling in credit crunch, say RSA
One in 10 small business owners can no longer afford to run their business, according to research by RSA.
Les Rock resigns
Les Rock, president and chief underwriting officer of Ironshore has resigned and leaves tomorrow (31 October) stating personal reasons.
Capita appoints former Hiscox director to lead commercial insurance push
Capita Insurance Services has appointed Max Pell as managing director of Capita Commercial Insurance Services.
Longstaff quits Zenith
Peter Longstaff has resigned from his role as director of business development, Zenith Insurance.
Pick of the week
Post reporters Louise Meeson and Sarah Hills look at the major stories from the general insurance ma...