News
Amlin sees 52% uplift in GWP in first nine months
CEO Charles Philipps called third quarter performance "outstanding".
Scor and Allianz close World Trade Centre dispute
The dispute between two insurance giants over WTC payments is over, Scor says.
MMC in $400m settlement
MMC reaches settlement for securities class action lawsuit
Broker Expo video views
Insurance Age's Louise Meeson and Liz McMahon report from this week's Broker Expo in Coventry.
Ace Tempest Re appoints structured reinsurance specialist
Ace Tempest Re Europe has announced the appointment of ex-Aspen senior underwriter David Mann in the newly created role of senior underwriter for structured risks.
Spain fines (re)insurers for price-fixing
Spanish regulators have fined six European (re)insurance companies a total of €120.7m ($180m) for fixing prices on building-defect coverage during the Spanish housing boom.
IAG attracts new CFO from Highway
Former Equity finance director Andrew Gibson joins insurer
Inflation may pose ‘real problem’ for reinsurers – Swiss Re
Swiss Re exec claims reinsurers will face higher claims costs in the next few years if “rampant” inflation erodes reserves and rates for coverage fail to keep pace.
Allied World open Singapore office
Allied World has opened a branch office in Singapore in order to further expand its operations in Asia, and has appointed Bruce Ford as its principal officer and head of treaty Asia Pacific, Middle East and Africa.
Buffett calls end of financial turmoil
Berkshire Hathaway’s Warren Buffett has declared an end to the global financial crisis, although leading economies continue to struggle.
AIG property-casualty arm will lose sales rather than cut rates
Chartis, the UK arm of AIG, claims it will lose sales rather than cut rates to unprofitable levels, contrary to claims by rivals that it’s under-pricing insurance
Paris Re falls to third quarter loss
Switzerland-domiciled (re)insurer's third quarter stumbles to three-month loss
LIU expands red24 contract
Liberty Mutual says that it will expand its contract with red24 to add kidnap and ransom to list.
MMC makes US broker acquisition
MMC acquires Insurance Alliance through one of its subisidiaries.
Swiss Re enters life reinsurance deal
Swiss reinsurer enters deal with US life reinsurer Reassure America Life.
Fitch happier about reinsurance sector
Ratings agency turns upbeat about reinsurance sector
Home Call Plus signs two new partners
Brit-backed household utility business focuses on growth
Groupama makes senior appointment
New chief risk officer to join insurer
ABI highlights plight of low income households
Trade body suggests low cost insurance protection for families
Aon suit against JLT due to airline account
The move of a major Taiwanese airline account is at the centre of Aon's decision to sue Jardine Lloyd Thompson, Reinsurance has learned.
Deloitte comments on the latest CEIOPS advice on Solvency II framework
The Committee of European Insurance and Occupations Supervisors has delivered its final advice on Solvency II Level 2 implementing measures.
Intact reports Q3 net loss
Canada's largest property casualty insurer sees income down almost 80% as the result of storm claims
Equitas wins legal battle over Lloyd's claims
Randall & Quilter to consider next step
Junction appoints Colin Graham as new business development director
Junction targets growth with appointment of business development director.