Insurance Post Staff
Follow Insurance Post
Articles by Insurance Post Staff
Travelers Q1 net income drops 32%
Travelers, the US insurance giant, reported first quarter net income dropped 32% to $662m from $967m at the end of the first three months of 2008.
The Hartford reports $1bn loss in Q1
US insurance giant The Hartford continued to struggle, reporting a loss of over $1.02bn in the first three months of the year.
Odyssey Re Q1 net income dwindles
Odyssey Re, the US reinsurer, said that net income fell to $0.9m in the first three months of 2009, down from $249m for the first quarter of 2008.
Transatlantic Re Q1 net income off 35%
Transatlantic Holdings, the US reinsurance giant, said that first quarter net income dropped nearly 35% to $75.2m from $115.7m the year before.
Unum increases maximum benefits
Unum has increased its maximum benefit limits, offering annual cover of up to £250,000 a year on its Personal and Primary Income Replacement Plans.
Canada Life launches one time underwriting on group life schemes
Canada Life has announced the introduction of one time underwriting to Group Life schemes, following the launch of one time underwriting on Group Income Protection schemes last year.
LV= free CI offer for new IP customers extended until end of year
LV= has extended its free critical illness (CI) cover offer to the end of 2009. All new customers taking out an income protection (IP) policy under the LV= Flexible Protection Plan by 31 December 2009 will receive free lump sum CI cover equivalent to…
'Satisfactory' quarter for Munich Re
The first quarter of the year will be a 'satisfactory' one for Munich Re, said the group's chief exe...
AIU independence moves a step closer
AIG is to accelerate steps to position its general insurance business AIU Holdings as an independent...
Lancashire expands Octopus' reach in Gulf of Mexico
Lancashire, the Bermudian specialist insurer, is expanding its Gulf of Mexico windstorm protection f...
Names and numbers
Lloyd's chief financial officer Luke Savage talks to Reinsurance about the Corporation's relationship with the names, the changes that outgoing franchise performance director Rolf Tolle has made, and his feelings about the investment income market
Taking it home
Service of suits clauses in the US often result in disputes, however, these could easily be avoided, argue Julian Miller and Parminder Badhan
Catlin ready to enter short-term life market
Catlin will commence writing selected classes of short-term life insurance and reinsurance, effectiv...
NY regulator acts over Allstate chief admission
The New York State Insurance Department has asked Allstate to report its unregulated writing of cred...
Legal angles
Attride-Stirling & Woloniecki counsel Peter Dunlop reflects on life before reinsurance law, lavatory...
State of distrust
The recent KNIC v Allianz fraud case threw up some interesting questions. Wendy Allen-Rodney and Carlos Fane ask about the limits on alleging state sponsored fraud and should reinsurers worry?
Recruitment moves
Specialist broker THB Group has appointed Steve Matanle as chief executive of its London-based Lloyd...