News
Hardy extends Asian presence
Hardy Underwriting Bermuda has opened its new Singapore office, adding Hardy Underwriting Asia to the Lloyd's Asia platform in recognition of the growing significance of the Asia Pacific economies and the tendency for local markets to retain increasing…
GRF marks a year of progress
The Global Reinsurance Forum is a body of the world's largest reinsurers formed to respond to international policy and regulatory issues. Reinsurance reports on its latest activity.
Arbitration use rising
Global corporations are becoming increasingly sophisticated in their understanding and use of arbitration, according to Professor Loukas Mistelis, director of the School of International Arbitration at Queen Mary University London.
S&P upgrades Swiss Re outlook to 'positive'
Standard & Poor's (S&P) has affirmed Swiss Re's A+ rating in a statement, adding that the company had "demonstrated very strong resilience and recovery in its credit profile and, in our view, further de-risking should result in strong and more stable…
Run-off liabilities down
KPMG's annual run-off survey of UK non-life insurance shows that liabilities have shrunk by 21%.
Everest's Taranto extends stay at summit
Joseph Taranto is to reconsider his decision to retire and to remain as chairman and chief executive officer at Everest until the December 2012 in the wake of the resignation of Ralph Jones, president and chief operating officer.
Liberty adds agriculture and weather lines
Liberty Syndicates Management is entering the agricultural and weather reinsurance market by hiring a team of specialist underwriters.
CEA warns of European tax proposals "moral hazard"
The European insurance federation CEA has accused the European Commission of failing to differentiate between different types of financial institutions in its plans for taxation of the financial sector.
EC sets out plan to raise billions through financial sector tax
The European Commission has set out its ideas for the future taxation of the financial sector.
CEA warns of European tax proposals "moral hazard"
The European insurance federation CEA has accused the European Commission of failing to differentiate between different types of financial institutions in its plans for taxation of the financial sector.
EC sets out plan to raise billions through financial sector tax
The European Commission has set out its ideas for the future taxation of the financial sector.
Moody's withdraws Towergate rating
Moody's Investors Service has withdrawn its B1 senior secured and B3 senior unsecured debt ratings on Towergate Finance due to the fact that these notes have not yet been issued.
SII to drive M&A in run-off sector
KPMG’s annual run-off survey of UK non-life insurance, has shown that liabilities have shrunk by 21%.
Amlin gets greenlight for Swiss redomicile
Amlin has today completed the change in the corporate domicile of its wholly-owned subsidiary Amlin Bermuda from Bermuda to Switzerland.
SII to drive M&A in run-off sector
KPMG’s annual run-off survey of UK non-life insurance, has shown that liabilities have shrunk by 21%.
HNW motor insurer forms partnership
Midlands-based prestige car insurance firm Nowell & Richards has teamed up with Bridford Financial Solutions with the aim of providing clients with a one-stop shop for insuring and buying luxury cars.
Amlin gets greenlight for Swiss redomicile
Amlin has today completed the change in the corporate domicile of its wholly-owned subsidiary Amlin Bermuda from Bermuda to Switzerland.
Bluefin creates new motor role
The broker has appointed Chaz Bailey to the newly created role of executive director of motor within its London market team.
CEO Maso out, as Axa shakes up UK general insurance arm
Axa UK today announced changes to the organisational structure of its general insurance business in a move that will see it no longer needing a CEO of the general insurance business.
CEO Maso out, as Axa shakes up UK general insurance arm
Axa UK today announced changes to the organisational structure of its general insurance business in a move that will see it no longer needing a CEO of the general insurance business.
Antares appoints new risk manager
Antares has appointed Helen Chapman to the Legal, Risk and Compliance team of Antares Managing Agency Limited.
Aon launches water resiliance insurance
Anglian Water has purchased Aon’s insurance product for water utility companies, water resilience insurance.
German government gives local insurers a tax break
The German insurance trade association GDV has welcomed a move by the government to tweak its new tax regime.
Mondial calls on travel insurance industry to back anti-fraud efforts
Mondial Assistance is calling for fellow travel insurers to get behind efforts to tackle fraud as it reports its own successes in the past few months.