News
Acromas in Deutsche Bank talks
The chief executive of Acromas is understood to have met his counterpart at Deutsche Bank to discuss his firm's options.
Munich Re: Sandy to drive up property insurance prices
Munich Re's reinsurance operation produced a Q3 operating result of €1.2bn (Q3 2011: €665m) and premium income of €7.5bn (Q3 2011: €6.5bn).
Munich Re estimates Sandy losses close to £400m
Munich Re has estimated its share of the losses from superstorm Sandy at the "mid three-digit million" euro range, despite the high number of individual losses making it difficult to assess the extent of the damage.
Groupama takeover to add extra boost to 'record' Ageas profits
Ageas chief executive Barry Smith is confident that the addition of Groupama insurance activities will add further clout to performance, following nine months in which the firm's profit before tax and minority interests rose by 36.4%.
Second storm system set to hit New Jersey and New York
More US east coast disruption expected to hamper recovery efforts following superstorm Sandy.
Solvency II regulators must be more empathetic, KMPG says
Consultancy firm KPMG has outlined a series of measures that could be adopted to promote a more "robust" Solvency II framework and please regulators and businesss.
Former Ergo managers charged over sex scandal
Two former staff of Munich Re-owned primary insurer Ergo are facing charges related to a 2007 trip to Budapest, according to reports in the German media.
Ace chairman: Innovation and collaboration key to future London insurance market success
London's insurance industry must avoid complacency and reinforce its position as the global centre for insurance through innovation, collaboration and recognition of the shift towards emerging markets, according to Andrew Kendrick.
Dual launches general liability division with Brit hires
International underwriting agency Dual has formed a new division to underwrite specialty liability business as part of the continued expansion of its product range.
Dual launches general liability division
Dual will write speciality liability business from a new division led by John Murphy.
Biba to discuss introduction of code of conduct for members
Brokers across the country could soon be expected to comply with an official British Insurance Brokers' Association code of conduct.
Top five Asian news stories
The top five Asian news stories from wwww.insuranceinsight.com over the past seven days.
Top five European news stories
The top five news stories from www.insuranceinsight.com over the past seven days.
Local broker to continue NCFC sponsorship
Norwich-based broker Alan Boswell Group is to sponsor Norwich City Football Club for the fourth consecutive year.
India-based GI insurers see rise in premiums
General insurance companies in India have seen an 18.6% rise in premiums in the current financial year.
Swiss Re obtains hurricane and mortality risks in industry first
Swiss Re has obtained $200m in coverage against North Atlantic hurricane and UK extreme mortality risk through its Mythen Re programme.
Antares names energy underwriter
Lloyd's insurer Antares has appointed Jim Lye as energy underwriter with immediate effect.
Model increases understanding of Swiss flood risk
Aon Benfield has launched a new flood model for Switzerland and Lichtenstein to help quantify financial losses caused by what is considered to be the country's most significant natural peril.
XL results 'a step in the right direction'
XL has published promising third-quarter results, but CEO Mike McGavick has admitted that the fallout from superstorm Sandy is still unknown.
Ace Europe head criticises London market's 'lack of vision'
London's insurance industry must avoid complacency and reinforce its position as the global insurance centre through innovation, collaboration and recognition of the shift towards emerging markets, the chairman of Ace European Group said today.
LMA seeks clarity over impact of sanctions on marine fuel oil
The Lloyd's Market Association has sought reassurances from the UK government after concerns that insurers could fall foul of EU sanctions by insuring vessels that have inadvertently taken on Iranian oil as fuel.
Glasgow office for Parabis
Parabis has begun its campaign for a Scottish presence with the opening of an office in Glasgow.
Swiss Re places bonds to combine nat cat and mortality risks
Swiss Re has obtained $200m in coverage against North Atlantic hurricane and UK extreme mortality risk through its new Mythen Re programme.
Lancashire launches Saltire sidecar
Bermudian insurer and reinsurer Lancashire Holdings is to create a new sidecar, Saltire Re I.