News
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
AIG to keep up to $500m of derivatives on balance sheet
AIG is to keep $500m of derivatives from its defunct AIG Financial Products unit, Reuters has reported.
Endurance reports net income rise
Endurance Specialty Holdings reported net income of $154.8m for the fourth quarter of 2009 versus net income of $16.9m for the fourth quarter of 2008.
Platinum Re will have a "challenging" 2010
This year will be a "challenging" one for Platinum Underwriters, the company's chief executive has said.
Swiss Re says capital position "fully restored"
Swiss Re said that it has excess capital of 9bn CHF at 'AA' ratings level, and added that its capital position is 'fully restored'.
Swiss Re says capital position "fully restored"
Swiss Re said that it has excess capital of 9bn CHF at 'AA' ratings level, and added that its capital position is 'fully restored'.
Career Development News: Perkins Slade is chartered
Independent insurance broker Perkins Slade has been made a chartered insurance broker by the Chartered Insurance Institute.
Career Development News: Lockton set to roll out regional apprentices
Lockton is preparing to roll out its fledgling apprenticeship scheme after a successful pilot in Newcastle. The personalised training initiative could potentially see apprentices attached to each of the broker's 11 UK offices.
Ask the expert
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Broker targets £40m turnover after MBO
Leicester-based broker Brett & Randall has set a target of doubling its turnover to £40m by 2015 following completion of a management buy-out.
Heath Lambert launches council consortium
Heath Lambert is working with a group of district councils to establish a consortium for purchasing insurance cover in the face of pressure to cut public spending.