Reinsurance
Claims Club Rising Star Award 2008: shortlist
The shortlist for the 2008 Post Claims Club Rising Star Award has now been announced. This year's st...
ILG looks for members
Allianz is hoping to raise the profile of the Prince's Trust Insurance Leadership Group by attractin...
What the papers said this week
The Times One of the most prominent players in the Lloyd's insurance market is considering shif...
MMC Q1 net income swings to loss driven by Kroll writedown
Marsh and McLennan Companies, the owners of (re)insurance brokers Marsh and Guy Carpenter, reported a net loss for the first quarter of $210m, down from $268m the year before.
Scor says Q1 net income up over 63%
Scor, the French (re)insurer, said first quarter net income rose over 63% to €124m, up from €85m in the first three months of last year.
Validus launch targets Latin America
Validus is targeting the Latin American and Caribbean markets with the launch of Validus Reaseguros, which will act as an approved Lloyd’s coverholder for Syndicate 1183.
Berkshire Hathaway Q1 profits plunge
Berkshire Hathaway reported a first-quarter profit of $940m, a decrease of 63.8% from the same period a year ago.
Swiss Re in further Q1 $778m credit write-down, shares hammered
Global reinsurer Swiss Re has reported an additional mark-to-market loss of CHF819m ($778m) on its portfolio of structured credit default swaps in the first quarter of 2008 and has penciled in a further charge of CHF200m ($190m) sustained during the…
Flagstone Re Q1 net income drops nearly 8%
Flagstone Re, the Bermudian (re)insurer, said that net income for the first quarter of the year fell to $32.9m from to $35.6m on diminishing investment returns.
Hannover Re Q1 net income soars 23%
Hannover Re said that first quarter net income rose nearly 23% to €151.5m, up from €123.5m this time a year ago.
Arch Europe names Weatherstone as new chairman and CEO
Arch Europe, the European arm of Bermudian (re)insurer Arch, said it has appointed James Weatherstone as its president and chief executive. Current Arch Europe chief executive Robert Van Gieson will become its chairman.
IFEX lists 2nd event US storm contracts, hints at possible 3rd event market
Catastrophe futures exchange IFEX has announced that announce that the Chicago Climate Futures Exchange (CCFE)will list IFEX 'Second Event’ US Tropical Wind Event Linked Futures from today.
Validus Q1 net income jumps on Talbot addition
Validus, the Bermudian (re)insurer reported net income for the quarter ended 31 March, 2008 rose to $66.5m, compared with $56.7m, for the quarter ended 31 March, 2007.
Aspen Q1 net income drops 33%
Aspen, the US (re)insurer, reported first quarter net income tumbled over 33% due to the abudance of medium to single risk losses in the first three months of the year.
Penny Black's insurance week
It is that time of the year when the insurance industry can see who is personally gaining most from ...
Job cuts at Guy Carpenter
Global reinsurance broker Guy Carpenter has confirmed that it is undergoing a round of job cuts. "As...
Appointment at Amlin
Amlin has appointed Tom Brand as lead cargo underwriter for syndicate 2001. Mr Brand joins from Swis...
Appointment at Bruce Stevenson
Bruce Stevenson has enlisted financial director Mark Dallas. Mr Dallas worked for Pricewaterhouse Co...
No room at the US specialty inn?
Tim Evershed analyses the increasingly crowded US specialty market and wonders if there are any niches left for non-US invaders to fill, or will the new players all cut each others throats?
What a cracking investment
Blog-Re.com
London Technologists’ forum
London Market
Prices in South East Asia fall up to 20% says Guy Carpenter
Reinsurance prices in South East Asia are declining by as much as 20%, according to a report from Gu...
Coach-class survivors
Blog-Re.com
Gen Re announces new president
General Re has made John Cholnoky its president following the sudden resignation of CEO Joe Brandon ...