Reinsurance
Amlin bolstered by acquisition return
Amlin's acquisition of Fortis group's Benelux-based corporate insurance operations contributed to the Lloyd's insurer reporting a record pre-tax profit of £509.1m in 2009 — up from £121.6m in 2008.
Hiscox despairs over Tory FSA proposal
Hiscox's chairman has credited a three-fold increase in annual profits on responsible investment strategy, a cautious approach to underwriting catastrophe-exposed risk and a benign mother nature.
Brit plans global expansion
Brit Insurance plans to take stock of its global presence in 2011, once it is firmly established in the US and Japan.
Admiral: no sacred cows
Admiral has admitted there are "no sacred cows" among its burgeoning international operation, but that it remains committed to the loss making insurance businesses for now.
Industry challenged to meet 2013 deadline
By December 2013, every single UK broker and insurer will exceed a minimum threshold in terms of the number of their staff qualified to advanced diploma level. That is the vision of the Insurance Profession Task Force that has today unveiled the…
South America hit by worst earthquake in decades
South America's worst earthquake in 50 years has killed more than 700 people and caused total losses of up to $30bn (£20bn).
Kiln releases syndicate results
Lloyd’s managing agency RJ Kiln has released the final results for its managed syndicates for the 2007 year of account, updated forecasts for the 2008 year of account and initial forecasts for the 2009 year of account.
Kiln releases syndicate results
Lloyd’s managing agency RJ Kiln has released the final results for its managed syndicates for the 2007 year of account, updated forecasts for the 2008 year of account and initial forecasts for the 2009 year of account.
Chile quake may be most expensive for insurers since 1994 – Munich Re
If quake damage costs insurers $8bn, as predicted by Eqecat, it will be the 2nd most expensive in history.
AIR estimates winter storm will cost up to €3bn
Winter storm Xynthia, which hammered mainland Europe over the weekend, will cost up to €3bn, modelling agency AIR has said.
AIR estimates winter storm will cost up to €3bn
Winter storm Xynthia, which hammered mainland Europe over the weekend, will cost up to €3bn, modelling agency AIR has said.
Scor in earnings surge
French reinsurer Scor reported a surge in earnings in the fourth quarter of the year.
Scor in earnings surge
French reinsurer Scor reported a surge in earnings in the fourth quarter of the year.
Liberty Mutual reports mixed earnings
Liberty Mutual, the US (re)insurance giant, reported a mixed set of earnings for the fourth quarter and in 2009.
Tower Group net income doubles
Tower Group, the US insurer, said that net income for the fourth quarter of 2009 doubled.
Ukraine ruling coalition collapses
Ukraine's coalition has collapsed as newly elected President Viktor Yanukovich moved to oust Prime Minister Yulia Tymoshenko and consolidate power.
Ukraine ruling coalition collapses
Ukraine's coalition has collapsed as newly elected President Viktor Yanukovich moved to oust Prime Minister Yulia Tymoshenko and consolidate power.
RSA hit with £30m earthquake loss
RSA expects a financial impact of £30m, net of reinsurance, for claims arising from the earthquake in Chile.
Miller continues treaty expansion with Aon Benfield appointment
Miller has appointed of Jeremy Mander to its treaty reinsurance accident and health team.
Russia to support Iran sanctions
Russian president Dmitry Medvedev has said that he still hopes to avoid new punitive measures, but added Russia could not wait forever for cooperation by Tehran.
Aon in acquisition talks in Italy
Italian paper reports that Aon are looking to expand its business in the region through acquisitions.
Aon in acquisition talks in Italy
Italian paper reports that Aon are looking to expand its business in the region through acquisitions.
Chile earthquake may cost insurers up to $8bn, says Eqecat
The massive earthquake that hit Chile may cost insurers up to $8bn, Eqecat has said in a note to clients.
JLT restructures UK business to capitalise on new MGA unit
News comes as broker reported a 14% rise in fees and commissions to £612.9m (2008: £536.1m) and a 28% jump in underlying profit excluding exceptional items to £97.1m (2008: £76.2m).