Claims
Allstate in heavy Q1 loss
Allstate, the US insurance giant, reported a first quarter net loss of $274m, down from a gain of $348m in the first quarter of 2008.
AIG Q1 results worse than analysts' expectations
AIG managed to stem its losses in the first three months of the year, but still missed analysts' expectations.
Swiss Re to close Johannesburg office
Swiss Re is to close one of its offices in South Africa as part of a cost-saving initiative, Reinsurance can reveal.
Endurance Q1 net income improves
Endurance Specialty Holdings, the Bermudian (re)insurer, said that net income for the first three months of the year rose to $78.3m from $77.8m in the first quarter of 2008.
Zurich GI profit cut by 25%
Zurich has reported that its general insurance gross written premiums decreased 12% to $9.8bn and a decline in profit of 25% to $889m. Its general insurance combined ratio worsened 1.2 points to 95.8%.
Zurich Q1 profits fall 40%
Zurich Financial Services, the Swiss insurance giant, said that first quarter net income fell 75%.
Beazley reports jump in GWP
Beazley, the Lloyd's (re)insurer, said that gross written premiums for the first three months of the year were up 27% on last year.
Swiss Re beats analysts' expectations with Q1 profit
Swiss Re, the Swiss (re)insurance giant, beat analysts' expectations when it said that it had recorded net income in the first quarter of the year.
Education, education, education
Environmental Liability: Broker awareness
Subrogation plan revealed
A new project aimed at slashing the "huge administration and time delays" associated with subrogated...
Rehab group hits the road running
The British Association of Rehabilitation Companies has launched with more than 30 providers having ...
Police partnership will prompt four-fold ROI
Vehicle-enabled crime, subrogated recoveries, preparedness for terrorism and joint working with clai...
Apil president in plea for insurers to share information
Insurers should share information on fraud indicators with claimant solicitors to facilitate a joint...
Claimant cost criticism "ironic"
Accusations that claimant solicitors are obsessed with costs are ironic bearing in mind the countles...
AIG paid over $450m in additional bonuses in 2008
AIG, the stricken US insurer, said that it paid over $454m in additional bonuses to employees in 2008, CNB C has reported.
MMC Q1 net income rises despite total revenue fall
US financial services giant MMC, the holding company for insurance broker Marsh and reinsurance broker Guy Carpenter, said that net income for the first quarter of the year rose to $176m from a $210m loss in the first quarter of 2008.
Crist to sign Flordia insurance bill - reports
Florida governor Charlie Crist has said that he'll sign legislation putting up insurance prices in the 'Sunshine State' by 10%, US newspapers has reported.
Liberty Q1 net income tumbles $300m
Liberty Mutual Group, the US (re)insurance giant, said that net income tumbled over $330m to $28m for the first three months of the year, down from $360m this time last year.
Max Capital Q1 net income rises strongly
Max Capital Group, the Bermudian (re) insurer, said that net income for the first three months of the year to end-M arch rose to $44.5 m from $7.7m this time last year.
Argo Q1 net income falls on investment losses
Argo said that first quarter net income fell to $27m from $36.9m this time last year, thanks to realized and unrealized losses on its investment portfolio.
Munich Re says Q1 profits falls 45%, ups estimates
Munich Re, the German reinsurance giant, said that first quarter profit fell 45% to €420m, down from €777m in the earlier quarter.
Run off firm boss confident despite £2.1m fall in profit after tax
Run off specilaist Randall and Quilter has announced a profit before tax of £8.8m (2007: £7.0m) for the 12 months ended 31 December 2008, writes Post Magazine .
Gulf insurers looking to avoid investing in equities - reports
Gulf insurers are looking to avoid investing in local equities, UAE newspaper 'The National' has reported.
BGL affinity arm in senior hire
Junction, the affinity partnerships arm of the BGL Group, has appointed a new financial director, Mark Guttridge.