News
Endsleigh to partner Police Federation in deal
Insurance intermediary Endsleigh has partnered with the Police Federation for Northern Ireland in a ...
RSA claims boss to leave
David Neave, claims services director, Royal and SunAlliance, has unveiled his plans to leave the insurer in the summer.
2004 hurricane season leaves costs scars
Risk Management Solutions (RMS) has announced that elevated labor and material costs resulting from last year's hurricanes are likely to continue through the 2005 season, which has now started.
Moody’s leaves AIG rating unchanged
Moody's has confirmed its long-term senior debt ratings on American International Group (AIG) at Aa2 and has revised the outlook for these ratings to stable.
Atlantic facing above average hurricane season
The 2005 hurricane season in the north Atlantic will see above-average activity, according to a new prediction.
Kwik-Fit promises household panel expansion
Kwik-Fit Financial Services said it expects a 50% increase in household policy holder figures by the end of the year and is set to add four insurers to its panel of six.
Biba adds to compliance panel
The British Insurance Brokers’ Association has announced the expansion of its compliance initiative, with the addition of two new expert providers.
US insurance call marks start of hurricane season
Department of Homeland Security Under Secretary and head of the Federal Emergency Management Agency (FEMA) Michael D. Brown has called on more business owners to find out how to prepare their businesses for flooding.
Who is right - the hedge funds or the professionals?
Professional reinsurers are handing capital back to shareholders, yet alternative capital is flowing in to take its place. Mark Geoghegan wonders what's going on
Finite reinsurance ... and Florida subpoenas 17 more
Florida insurance regulation commissioner Kevin McCarty has subpoenaed 17 reinsurance companies in o...
AIG facing further trouble
American International Group (AIG) is facing a class-action lawsuit that alleges the insurer led emp...
Reinsurance contracts - Converium and Munich Re subpoenaed over MBIA contracts
Munich Re and Converium have confirmed that they had been subpoenaed by US authorities in a...
EU heats up collateral battle
The European Union plans to up the ante in its fight against the US to release the estimated $50bn t...
Munich Re releases Q1 2005 figures
Munich Re has announced that its first quarter figures for 2005 have placed it on course with a quar...
Why on earth is the Directors and Officers market so soft?
With shareholder class actions flying around the US, new regulations completely untested and boardrooms running scared the world over, Mark Geoghegan thinks it's amazing a Directors and Officers (D&O) market exists at all, let alone an extremely soft one
Converium's Q1 results slump
A heavily discounted commutation, combined with a large winter storm loss, helped Converium slump to...
Moody's upgrades Hannover Re
Moody's Investors Service has upgraded the insurance financial strength rating (IFSR) of Hannover Re...
Spitzer widens AIG compensation probe
New York attorney general Eliot Spitzer and insurance superintendent Howard Mills have announced the...
Genworth Financial subpoenaed by SEC
Genworth Financial has said that it received a subpoena from the United States Securities and Exchan...
Grant Thornton makes non-life push with ex-E&Y team
Grant Thornton has appointed two new partners, a director, and five other professionals in its financial markets group.
AIG files delayed 10-K
American International Group (AIG) has finally filed its 2004 Annual Report on Form 10-K with the Securities and Exchange Commission, after repeated delays.
S&P upgrades after rating policy changes
Standard & Poor's (S&P) has upgraded the credit ratings for seven insurance holding companies, citing a change in its rating policies.
Advent float set for Friday
Advent Capital shares will commence trading on the Alternative Investment Market on Friday 3 June 2005 after the Lloyd's insurer raised £65m.
D&G growth continues
Warranty specialist Domestic and General Group has announced turnover in its core lines grew by 8.9% to £220.7 million, in the 12 months to 31 March 2005.