News
Union welcomes PMQ plaques debate
UCATT calls for reintatement of right to compensation in wake of Gordon Brown's comments
Baden Baden: Rates to remain 'broadly stable'
A senior Lloyd's reinsurance buyer has said he expects rates to remain 'broadly stable'.
LEIG concerned at defamation proceedings insurance changes
Changes to insurance of proceedings ‘introduce great uncertainty’
Mid-market insurer opens in Holland
Affilated FM to be based in Amsterdam.
Swinton apologises to consumers after FSA action
Broker says sorry after £770 000 PPI fine described by FSA head Margaret Cole to be the result of "deliberate breaches".
Bruce to leave Heath Lambert
Managing director departs after 11 years
UK insurer to create 550 new jobs
Fortis CEO Barry Smith confirms first raft of jobs linked to major business wins.
Ace continues reinsurer third quarter charge
Ace continued a massive improvement in reinsurers' third quarter results with a strong three month period.
Liberty Mutual third quarter net income improves
Liberty Mutual, the US (re)insurance giant, reported net income of $265m for the three months ended September 30, 2009, an increase of $259m over the same period in 2008.
Renaissance Re net income surges
Renaissance Re, the Bermudian (re)insurer, said that third quarter net income rose to $258.6m from a loss of around $230m this time last year.
The Bike Insurer signs British Eurosport deal
Comparison site to become title partner to motorcycle racing events
Chartis may be insurer for Puerto Rico disaster - sources
Chartis may be the insurer and Willis the broker for the Carribbean Petroleum Corporation plant in Puerto Rico, which recently exploded over the weekend.
European Commission adopts additional legislation proposals
Targeted changes to be made to existing financial services legislation.
Cooper Gay still looking to acquire
Seymour Matthews, chairman of reinsurance at broker Cooper Gay, has revealed in an exclusive interview with Reinsurance at Baden Baden that the broker looks as opportunities to acquire "every day of the week."
Aon Benfield: Climate looking 'rosy' for renewals
A senior executive at Aon Benfield has said that the climate looks ‘rosy’ for renewals at the Baden-Baden reinsurance conference.
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Insurance broker outlook stable: Moody's
A soft commercial P&C market, the weak global economy and high financial leverage have negatively impacted the growth of insurance brokers, Moody's has said.
Connecticut regulators settle with The Hartford
Attorney General Richard Blumenthal today announced a $1.3m settlement with The Hartford Financial Services Group over anticompetitive practices.
Claims Club Annual Conference
Video interviews with leading insurance industry claims managers from last week's Claims Club Annual Conference.
Willis Re chairman: Good third quarter results season looming
James Vickers, chairman of Willis Re, said that reinsurers will be looking forward to the third quarter results season after a relatively quiet Atlantic storm season
Aon makes acquisition
Aon has agreed to acquire Carpenter Moore Insurance Services, a provider of executive liability risk management services for an undisclosed sum.
RGA reports strong third quarter results
US life reinsurer said that net income for the third quarter of $118.2m compared with $25.2m, in the prior-year quarter.
WR Berkeley posts third quarter gains
US (re)insurer today reported net income for the third quarter of 2009 of $98m compared with a net loss of $28m for the third quarter of 2008.
Willis' net income more than doubles
Broking giant saw profits continue to improve, with net income jumping to $81m from $38m in the same period last year.