News
Liberty International Underwriters Europe appoints European chief counsel
Nigel Davenport joins from First Title Insurance.
1 Answer Network launches lead generation service
Broker network also increase technology support.
IFEX reduces block trade minimum across the board
IFEX reduces block trade minimum to 25 across the board, instead of just Northeast and Eastern Seaboard contracts.
M&A to sweep reinsurance market
Expect a wave of M&A in the reinsurance market, MMC CEO says.
ILS sector investment return falls
Insurance-linked securities investment return falls.
Reinsurance giants put together lobbying group
Reinsurance giants put together the Global Reinsurance Forum.
Swiss Re bullish on capacity position
Swiss reinsurance giant continues to increase capacity.
Kane boosts staff with senior execs from Marsh and Aon
Kane Group, formerly Heritage Kane Group, has boosted its numbers with hires from Marsh and Aon.
Property rates could go up 30% if hurricane season is heavy
Property reinsurance rates could jump if there are heavy losses from the US hurricane season according to Aon Benfield.
AIG sells parts of its asset management business for around $500m
AIG sells part of its asset management business for $500m.
Reinsurance industry 'better positioned' to respond to clients' needs
Guy Carpenter claims the industry is better positioned to respond to clients' needs than 2008.
Fairfax to buy remaining stake in Odyssey Re
Canadian financial outfit bids for a remaining stake in US reinsurer Odyssey Re.
Collapsed bank to trigger credit insurance losses at Hannover, Axis
Hannover Re and Axis Capital potentially on end of credit insurance losses stemming from collapse of Kazakh bank BTA.
CII warns of widening skills gap
CII members feel UK is behind its competitors in skilled workforces.
Insurance merger activity to increase in 2010
Mergers to grow in soft market, Willis says.
Moody's lightens outlook on reinsurance industry
Moody's has changed its outlook on the reinsurance industry to negative from stable.
Lockton opens new office in Rio de Janeiro
Antonio de Novaes and Paula Malafaia named to lead operations.
Kidnap and ransom insurance rates set for increase
Aon urges ship owners to seek quotes to beat rise.