Reinsurance
Aon Benfield calls for wider adaptation of internal SII models
Aon Benfield is calling for a simplified internal model approval process for natural catastrophe risk that would encourage insurers to better quantify these exposures under Solvency II.
Exclusive Climate change content now available
Insurance Insight’s weekly update is now live with an article discussing the outcomes from the recent climate change conference in Cancun; and an interview with QBE’s general manager for Central and Eastern Europe Petko Tonchev on the issues in the…
Exclusive Climate change content now available on Post Europe
Post Europe’s weekly update is now live with an article discussing the outcomes from the recent climate change conference in Cancun; and an interview with QBE’s general manager for Central and Eastern Europe Petko Tonchev on the issues in the region.
After the Cancun climate summit: Will global action follow?
At the recent United Nations’ climate conference in Cancun, nations came together to discuss environmental plans. David Bresch explains what happened in Cancun and what the new consensus means for the insurance industry.
Post Europe: After the Cancun climate summit: Will global action follow?
At the recent United Nations’ climate conference in Cancun, nations came together to discuss environmental plans. David Bresch explains what happened in Cancun and what the new consensus means for the insurance industry.
Lloyd's to be dual-regulated by PRA and FCA under new financial regime
The Government today outlined its view that Lloyd’s and Lloyd’s managing agents should be dual-regulated firms with the Prudential Regulatory Authority responsible for prudential regulation (including the activities of ensuring the adequacy of members’…
Achilles lowers Brit deal acceptance threshold
Achilles offer for Brit Insurance has been declared unconditional after the private equity consortium lowered the threshold for acceptance on its offer from 95% to 80% of issued share capital.
Swiss Re reports strong results despite catastrophes
Swiss Re has recorded a full year net income of USD 863m in 2010, a 74% increase on the USD 496m the reinsurer reported in 2009.
Swiss Re reports strong results despite catastrophes
Swiss Re has recorded a full year net income of USD 863m in 2010, a 74% increase on the USD 496m the reinsurer reported in 2009.
In Series - Geography & Solvency II: What are the risks for insurers?
With the implementation of Solvency II looming, Sam Barrett asks if insurers are forgetting to look inwards at the risks their own companies face.
Learning from life: Could Solvency II bring life and general insurance closer together?
When the First Life Assurance Directive was passed in 1979, it spelled the end for new composite insurers. Steven McEwan explains why the advent of Solvency II may bring life and general insurance back in contact again.
Ex-flood chief warns UK could face Oz-type disaster
Investment in defences needs to be ongoing or the UK could face a situation as devastating as the recent flooding in Australia.
Post Magazine – 17 February 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Achilles receives FSA and Lloyd's go-ahead for Brit takeover
The Financial Services Authority has today given formal notice of its approval in respect of Achilles' acquisitions of Brit Insurance.
Marsh reports 22% rise in operating income to $972m in 2010
Marsh & McLennan Companies has reported net income increased to $855m (£529m) in 2010 compared to $227m (£141m) in 2009.
Marsh reports 22% rise in operating income to $972m in 2010
Marsh & McLennan Companies has reported net income increased to $855m (£529m) in 2010 compared to $227m (£141m) in 2009.
Chief underwriting officer Matson to leave Lloyd's insurer Novae
Peter Matson is to stand down from his role as group chief underwriting officer and member of the board at Lloyd's insurer Novae on 30 April 2011.
Willis aims for $180m in global cost savings to fund end to pay freeze
Willis in undertake a global review of its operations in the first quarter of 2011 to help fund the end to its salary freeze.
Catlin bolsters 2010 result with US$144m reserve releases
Catlin Group this morning reported a US$406m (£253m) pre tax profit before tax for 2010 (2009: US$603m).
In series - Geogaphy & Solvency II: National geographical risks
With 80% of business data having a geographical element, Sarah Adams looks at the way this insurers can improve their data.
Interview - Marshall King: RFIB plans for the future
Softly spoken Marshall King has a track record worth shouting about. Lynn Rouse finds out about his plans to make sure everybody hears about broker RFIB.
Post Magazine – 10 February 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
AIG to strengthen Chartis balance sheet by $4.1bn after loss reserve review
Following completion of its annual comprehensive loss reserve review, AIG said today it expects to record a $4.1bn charge, net of $446m in discount and loss sensitive business premium adjustments, for the fourth quarter of 2010 to strengthen loss…
Willis appoints new CEOs as it unveils management changes
Willis Group has today announced a series of leadership appointments in its reinsurance, wholesale and placement divisions.