News
Insurers and reinsurers need to be aware of the third party liability climate change lawsuits
Kyle Danish, partner at law firm Van Ness Feldman, told delegates at the World Insurance Forum in Bermuda today, that they need to be aware of lawsuits currently in the early stages of litigation in the US.
Countries assess CCRIF coverage
In light of the recent earthquakes in Haiti and Chile, many countries are re-examining their preparedness for natural catastrophes, including their levels of coverage under CCRIF.
Thornside signs pet insurance deal with Shop Direct
Capita Insurance Services company Thornside has extended its pet insurance deal with Shop Direct to include online cover via Littlewoods and Very.
IAM extends motor offer to 19 year olds
The Institute of Advanced Motorists surety insurance offered to its members via Adelaide Insurance, is to be made available to IAM advanced drivers aged 19 or over driving a low-grouped car.
Belgian insurer signs deal to help achieve solvency II compliance
Belgian insurance company Mercator has taken Barrie & Hibbert's Economic Scenario Generator. The main application of the ESG will be economic capital management and assistance in ALM decisions.
Belgian insurer signs deal to help achieve solvency II compliance
Belgian insurance company Mercator has taken Barrie & Hibbert's Economic Scenario Generator. The main application of the ESG will be economic capital management and assistance in ALM decisions.
PZU settlement and Polish exit adds €1.1bn to Eureko bottom line
Gross written premiums increased slightly over 2009 by 2% to €19.6bn against €19.3bn in 2008.
PZU settlement and Polish exit adds €1.1bn to Eureko bottom line
Gross written premiums increased slightly over 2009 by 2% to €19.6bn against €19.3bn in 2008.
Swiss insurer reports 39.1% leap in profits
Business volume rose 20% to CHF 6,711m (2008: CHF 5712.3m), and it had a combined ratio (net) of 91.8 per cent (2008: 89.1 per cent).
Bermuda: Beware reliance on ERM models
John Molbeck, president and CEO of HCC Insurance Holdings warned delegates at the World Insurance Forum this week that (re)insurers should be wary when using models as part of their enterprise risk management strategy.
Aegis London outlines plans for Prague
The group will be holding its third annual European Energy Conference at the Inter Continental Praha hotel in Prague from the 14-15 April, 2010.
Aegis London outlines plans for Prague
The group will be holding its third annual European Energy Conference at the Inter Continental Praha hotel in Prague from the 14-15 April, 2010.
Ceiops stress test highlights industry resolve in the face of crises
Ceiops has declared that in an adverse scenario, which mirrored the development of capital markets between the end of September 2008 and the end of September 2009, its recent exercise resulted only in a marginal impact of a loss of 10bn euro,…
Ceiops stress test highlights industry resolve in the face of crises
Ceiops has declared that in an adverse scenario, which mirrored the development of capital markets between the end of September 2008 and the end of September 2009, its recent exercise resulted only in a marginal impact of a loss of 10bn euro,…
Jelf unveils new non exec
Jelf has appointed Jonathan Kelly as a non-executive director. Mr Kelly has previously worked with Catlin and SBJ.
LIU Europe expands into Birmingham
Liberty International Underwriters Europe has expanded its regional operation into Birmingham with the appointment of Dave Canning as regional senior underwriter.
LIU Europe expands into Birmingham
Liberty International Underwriters Europe has expanded its regional operation into Birmingham with the appointment of Dave Canning as regional senior underwriter.
Hiscox faces £100m Cat losses
Hiscox has estimated that it faces £100m worth of claims as a result of the Chilean earthquake and the European windstorm Xynthia.
Hiscox faces £100m Cat losses
Hiscox has estimated that it faces £100m worth of claims as a result of the Chilean earthquake and the European windstorm Xynthia.
Exeter and Pioneer launch online broker portal
Specialist PMI provider Exeter Friendly has unveiled a new advisor portal in conjunction with income protection insurer Pioneer.
Crawford names Lloyd's market boss
Crawford & Company UK has appointed Richard Day as vice president, Lloyd's and London market.
Bermuda: M&A warning
Reinsurers and insurers must be careful when choosing partners for mergers and acquisitions a panel of executives at the World Insurance Forum in Bermuda have warned..
NIG raids Axa, Hiscox and Travelers for regional underwriting managers
NIG has made a series of senior underwriting appointments to spearhead a “major push” for regional SME business
IIB disappointed with “bleak” FSA fee and levy proposals
The Institute of Insurance Brokers has revealed its disappointment with the FSA’s proposals to change its fee structure and increase Financial Services Compensation Scheme levies for 2010/11.