News
The TV leader's debate on the economy - who won?
Last night the three main political leader's debated the economy live on the BBC.
Quinn UK motor volumes slashed
Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
Quinn UK motor book back in business
Quinn Insurance has been authorised to recommence underwriting personal lines motor business in the UK.
PCI weighs in on Senate regulatory reform debate
The Property Casualty Insurers Association of America (PCI) has voiced concerns over the reform of payments into resolution funds.
Insurer to open Malta office
ALC Health is to open an office in Malta as it continues its expansion plans across Europe.
KenyaRe 2009 profit falls 18%
KenyaRe reported a fall in full-year pretax profit to 1.46bn shillings ($18.0m) in 2009 compared with the year before.
JLT seeing “increasingly soft market”
Broker JLT held its annual general meeting on 29 April, stating its outlook is “encouraging” for the 2010/11 financial year.
Max and Harbor Point shareholders approve merger
Respective shareholders have voted in favor of all proposals necessary to consummate a merger of equals of Max and Harbor Point to form Alterra.
Fitch upgrades Zurich to stable
Rating agency Fitch has upgraded Zurich Insurance Company’s outlook from negative to stable.
Post has gone digital
Post Magazine has invested in a new digital, interactive version of the weekly magazine for its subscribers.
CFC reports 28% rise in gross premium income
CFC has announced a 28% rise in gross premium income on 2008, taking it to £29.8 million. The specialist lines underwriting agency also revealed operating profit increased by 41% to £2.39 million.
Towergate appoints managing director
Towergate Underwriting has appointed Peter Newson as managing director of Towergate Underwriting Financial Risk.
Novae gross premiums up 48% in first quarter
(Re)insurer Novae, says its gross written premium for the first three months of 2010 hit £167.2m, up 48% on last year's £113.1m.
Ace Q1 net income up 33%
Ace has reported its net income is up in Q1, but its combined ratio has also risen following heavy catastrophe losses.
Thatcham to host industry workshop
Thatcham is to open its doors as host of the ‘Triple Focus’ event on June 16-17.
Halo partners with Keychoice Network to launch car hire insurance product
Halo Insurance has partnered with Keychoice Network to access its 890 membership base as it looks to deliver a car hire insurance product to independent intermediaries.
Munich Re pays EUR 1.1bn to shareholders
German reinsurance firm Munich Re has announced Q1 profit and affirmed its 2010 target despite cat losses.
Argent founder set to leave rehab firm
Argent Rehabilitation founding director Deborah Edwards is set to leave the Paribas Group to establish an independent consultancy.
Markel wins jockey sponsorship
Flat jockey William Buick has signed a two-year sponsorship agreement with insurer Markel International.
Transatlantic Q1 results dip
Transatlantic has reported net income of $16m for the first quarter of 2010 compared to $75m for the first quarter of 2009.
Everest Re reports Q1 loss on high cat claims
Everest Re reported a net loss of $22.7m, or $0.38 per common share, for the first quarter 2010, compared to net income of $108.6m, or $1.76 per diluted common share, for the first quarter of 2009.
Willis cuts 260 jobs
Willis slashed 260 jobs in the first quarter of 2010, the company said.
Allstate report Q1 net income upswing
Allstate said that net income in the first three months of the year rose to $120m from a loss of $274m this time last year.