News
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.
Nordic player vows to be more "aggressive" after rebrand
From August 2010, the TrygVesta insurance group will assume the simpler name of Tryg.
Teceris fraud team joins Questgates
Questgates has appointed Teceris Claims Services' former director of fraud John Freeman as counter fraud director.
Axa to appeal Air France victim payout
It follows the decision by a Rio civil court judge for it to pay $1.16m compensation for the death of the Rio state attorney-general.
Axa to appeal Air France victim payout
It follows the decision by a Rio civil court judge for it to pay $1.16m compensation for the death of the Rio state attorney-general.
Scor outlines expected losses from first quarter quakes and windstorm
Based on preliminary estimates, The French reinsurer expects its related costs to the Chilean earthquake to amount to approximately EUR95m net pre-tax.
Scor outlines expected losses from first quarter quakes and windstorm
Based on preliminary estimates, The French reinsurer expects its related costs to the Chilean earthquake to amount to approximately EUR95m net pre-tax.
Plum aims to double new business
Plum Underwriting has outlined its intention to double new business and grow its agency base in 2010.
Cooper Gay: Chilean earthquake most expensive in Latin American history
The recent earthquake in Chile could be the most expensive insured event in Latin American history, Cooper Gay has claimed.