Lloyd’s/London
WR Berkeley posts third quarter gains
US (re)insurer today reported net income for the third quarter of 2009 of $98m compared with a net loss of $28m for the third quarter of 2008.
Willis' net income more than doubles
Broking giant saw profits continue to improve, with net income jumping to $81m from $38m in the same period last year.
Partner Re continues to improve in third quarter
PartnerRe reported net income of $566.7m, or $9.44 per share on a fully diluted basis for the third quarter of 2009 - a huge swing from losses this time last year.
Arch reports surge in third quarter net income
Bermudian (re)insurer reports much-improved third quarter results.
Mapfre records third quarter net profit up nearly 4%
Spanish reinsurer sees third quarter profit grow.
Lloyd's capital up 'significantly' in 2009
The capital position of Lloyd’s of London increased significantly during the first half of 2009, due to improved conditions in the investment markets and the advent of new capacity, according to Aon Benfield’s latest research report released today.
Insurers mastering financial crisis, says Munich Re
Insurers have mastered the financial crisis comparatively well so far, say senior executives at Munich Re and Guy Carpenter
Lloyd's broker in business shake up
RFIB reorganises marine and non-marine divisions under new CEO Marshall King.
Willis begin search for Regan's replacement
Chair Plumeri insists right candidate will take firm "to the next level".
Aviva raids Willis for CFO
Patrick Regan joins next year.
Liberty opens two new offices in Brazil
Lloyd's Brazil boss wecomes moves in Rio and São Paulo and Rio de Janeiro.
Brit bolstered by UK and reinsurance arms
CEO Dane Douetil rebalancing global markets business has shown "tangible benefits".
Travelers third quarter net income up sharply
US insurance giant Travelers reported third quarter net income of $935m, up significantly from the $214m reported in the quarter ended September 30, 2008.
Eye of the storm
Ship owners are experiencing their biggest slump to date, but if the risks associated with the laying up of vessels are not managed correctly, the potential legacy of the current crisis will add to the significant losses of the international hull market,…
From EC3 to the EC
The results of a member feedback survey have spurred Lloyd's of London on to extend its market share by opening more offices in Europe. However, not everyone is convinced by this strategy, as Sam Barrett reports.
All hands on decks: making music at Oxygen
Nigel Barton, chief executive of Oxygen Holdings, talks to Jonathan Swift about his love of dance music, the perils of starting up a broker from scratch, lack of insurer support, blind alleys taken and the successes he has achieved in the market.
Willis appoints COO for captive business
Pauline Margrett is appointed to new senior executive position.
Max Capital names new CEO for Lloyd's business
Bermudian (re)insurer names new CEO for Lloyd's business
Xchanging in Chicago move
Xchanging opens new headquarters in Chicago as part of major US expansion plans
GMAC sells property and casualty business
American Capital Acquisition Corporation buys the company for an unspecified amount
Arig and Hardy form Middle East and Africa reinsurance business
Lloyd’s insurer and reinsurer Hardy Underwriting Bermuda and Arab Insurance Group team together to form Hardy Arig Insurance Management (HAIM).
Two senior Brit Insurance executives go - sources
Two senior executives at Brit have left the company, sources told Reinsurance.
Banco de Brasil in IRB stake buyout talks
Brazil's state-run bank Banco de Brasil is in talks with IRB-Brasil Re about buying a majority stake.