Claims
Robertson sets sights on pole position
Robertson & Company has set its sights on taking on The Cotswold Group to become the market leader i...
Fortis and BNP Paribas close deal
The transaction between Fortis Holding, the Belgian State and BNP Paribas has completed.
Allianz net income drops 97%
Allianz said that net income in the first three months of the year dropped 97%.
Arch Capital rings management changes
Arch Capital, the Bermudian (re)insurer said that president and CEO Constantine (Dinos) Iordanou, has been appointed to the additional position of chairman of the board, effective November 2009.
P&C insurers will emerge from financial crisis with resiliency proven
Property/casualty insurers will emerge from the financial crisis and weakening economy with their resiliency once again proven, Dr. Robert P. Hartwig, president of the Insurance Information Institute (I.I.I.), told attendees at the Casualty Actuarial…
Mapfre Q1 net profit up slightly
Spanish (re)insurer Mapfre said that first quarter net profit rose slightly to €287m, helped by strong gains in its international division.
AIG sells Japanese building to Nippon Life
AIG has confirmed that it is to sell its Japanese headquarters to Japanese life insurance giant Nippon Life for $1.2bn.
Canopius FY pretax profits jumps 31%
Canopius, the Lloyd's (re)insurer, reported a 31% rise in pretax profits for the year to end-December 2008. Pretax profits grew to £43m from £33m in 2007.
Berkshire Hathway stumbles to $1.53bn loss
Berkshire Hathaway stumbled to a $1.53bn loss in the first quarter of the year – a huge swing from the $940m it made in the first quarter of 2008.
Obama health insurance plan takes major step forward - reports
Barack Obama's plans for a US health insurance system for every American citizen took a major step forward today when health care industry leaders offered $2trn in spending reductions over the next decade to pay for a system, according to reports from…
DAS in City expansion and move
DAS Legal Expenses Insurance has announced the expansion and relocation of its London office to accommodate a dedicated City underwriting team.
Foil welcomes Jackson report
The Forum of Insurance Lawyers has welcomed the preliminary report into civil litigation costs published today by Lord Justice Jackson but warned it signals the start of the "real work" as the review moves into the consultative stage of the process.
Civil justice costs report published
Lord Justice Jackson has today published his preliminary report as part of his year-long review of the civil justuce costs regime in England and Wales.
Allied World Q1 results 'blows away' estimates
Allied World, the Bermudian (re)insurer said that net income in the first quarter of the year rose to $131.4m, from $130.9m in the first quarter of 2008.
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...