News
Bradshaw joins broker network board
Moves comes as Our Network and IIB build closer links.
Motor insurer targets £300m GWP in 2010 after deal
Markerstudy hits £140m GWP with Zenith deal.
Partner Re's takeover of Paris Re might "hurt" financially, analysts say
Analysts at JP Morgan have said Partner Re's buyout of Paris Re won't be of great financial help to the group, and lowered its price target on the reinsurer.
Property catastrophe rates down 6%- Guy Carpenter
Reinsurance rates fell by an average of 6%, Guy Carpenter said.
Property catastrophe rates lead renewals down
Almost all rates across the board are down, Aon Benfield has said.
ABI launches guide for online customers
BIBA, Which? and Comparison sites assist launch
Mitsui first Japanese trading firm to invest in Lloyd's syndicate
Mitsui, the Japanese insurance giant, has become the largest shareholder of ACAL in Singapore, the sole capital provider for Syndicate 1965 at Lloyd's.
Aon said to be lead broker for crashed American Airlines plane
Aon was the lead broker for an American Airlines plane that crashed in Jamaica, Reinsurance has learned.
Ace subsidiary combines marine units
Ace USA has combined its commercial marine and inland marine business units
XL Capital shares best performing of 2009 - Marketwatch
Bermudian reinsurer's leap in share price was the biggest on the New York Stock Exchange.
Giles reports 60% hike in earnings
EBITDA hits £23 849 for year ending 31 August 2009
Torus unveils UK COO
CEO Clive Tobin hails Tim Fillingham's promotion.
Brit appoints non-executive director
Brit Insurance has appointed Willem Stevens as a non-executive director.
Travelers sets up Cat bond
Longpoint Re II launched by US insurance giant
MMC buys another US broker
MMC continues to buy up smaller US brokers
Arch launches Australian business
Bermudian reinsurer launches Australian underwriting business
US health reform passes test vote
US health reforms continue on path to becoming law.
Transatlantic announces $200m share repurchase
$200m worth of shares to be purchased before the end of 2011
Outcome of the Copenhagen climate summit “baffling” – Munich Re
Nikolaus von Bomhard, CEO of Munich Re has condemned the lack of pledges made at the Copenhagen climate summit and noted that it is now down to industries such as insurance to ensure that climate change initiatives go ahead
Markerstudy attracts QBE veteran
Steve Stone joins motor insurer
Cycle management critical to London market
Fitch highlights importance of underwriting discipline
Banco do Brasil to acquire control of IRB Brasil Re
Banco do Brasil is likely to acquire control of IRB Brasil Re, Brazil’s state-controlled reinsurance company, in the first quarter next year, Brazilian newspaper Valor Economico has reported.
Healthcare bill to bar insurers from denying coverage – Obama
Obama says healthcare bill will bar insurers from denying coverage to those with existing illnesses, terminating coverage for those who become ill, or charging “exorbitant premiums” on the basis of age or gender