Reinsurance
Editors comment: Jetskis and power lists
As you may have noticed, we at Reinsurance have been keeping ourselves busy in what we call the quiet season, that point in the year when you all go to the beach and stop creating news.
Beazley sees rates go backwards on renewals as it hits $115.5m profit
Lloyd's insurer Beazley achieved a profit before tax of $115.5m (2009: $30.1m). It added the profit before income tax and earnings per share includes an exceptional foreign exchange gain of $33.7m.
Mapfre H1 revenues rise 9.2%
Increased international business and the recovery of sales in Spain has helped boost growth revenues at Mapfre.
Mapfre H1 revenues rise 9.2%
Increased international business and the recovery of sales in Spain has helped boost growth revenues at Mapfre.
Are you up for the Insurance Football Cup?
Calling all insurers, brokers, reinsurers and suppliers.
Ironshore enters space market
Ironshore's aviation division has entered into a treaty reinsurance program with the Starr Group to provide protection against commercial satellite risk.
Willis: Aon backtrack on contingent commissions is "wake up" call to the market
Willis claims Aon's announcement that it would resume accepting contingent commissions “where appropriate and legally permissible” is a wake up call to insurance buyers.
Willis: Aon backtrack on contingent commissions is "wake up" call to the market
Willis claims Aon's announcement that it would resume accepting contingent commissions “where appropriate and legally permissible” is a wake up call to insurance buyers.
Aon open to the idea of accepting contingent commissions again
Aon today announced it is working with markets to explore the various forms of alternative remuneration available to it which may include supplemental and/or contingent commissions.
Post Magazine – 22 July 2010
Subscribers to Post can now read the latest issue online as a digital e-book.
Platinum Q2 income rises
Platinum Underwriters has released Q2 earnings that exceeded Wall Street's earnings estimates.
Hurricanes - financial impact: A storm is coming
After a good year in 2009 for the reinsurance industry, Philip Alexander warns of the perils heralded by the Atlantic forecast for this year, as 2010 looks to be beset by stormy weather.
Lloyd's affirmed as A+
Ratings agency Fitch has affirmed Lloyd's of London's insurer financial strength rating at A+.
Kelly quits ABI
The Association of British Insurers is on the hunt for a new director general following the announcement that Kerrie Kelly has stepped down.
German government voices opposition to Neal Bill
The German ambassador to the United States Klaus Scharioth has written to house ways and means committee chairman Sandy Levin registering the opposition of the German government to the Neal Bill.
Adjuster appoints new Greek head
Charles Taylor adjusting has appointed James Greene as director of its average adjusting business, Richards Hogg Lindley (Hellas), in Piraeus, Greece.
RSA recruits former Benfield legal chief
RSA has today announced the appointment of Derek Walsh as its new general counsel.
Adjuster appoints new Greek head
Charles Taylor adjusting has appointed James Greene as director of its average adjusting business, Richards Hogg Lindley (Hellas), in Piraeus, Greece.
Miller expands property reinsurance team
Former Guy Carpenter managing director Adrian Stewart will join Miller to help lead the expansion of its property reinsurance book.
AIG names ex-Pru chief head of AIA ahead of listing
AIG has named former Prudential chief executive Mark Tucker as head of its Asia life insurance business, AIA, and said it would seek to list AIA on the Hong Kong stock exchange.
ABI DG Kelly jumped before she was pushed claims board member
The Association of British Insurers would have been forced to sack its former director general Kerrie Kelly if she had not resigned.
Lloyd's insurer opens Argentina office
Chaucer has opened a new office in Buenos Aires, Argentina, to access facultative property and related risks in Latin America on behalf of Chaucer Syndicate 1084.
Insurance industry urged to take up the professionalism challenge
The insurance industry was challenged to embrace professionalism, and in particular to embrace the Aldermanbury Declaration at the British Insurance Awards 2010 last week.
Craig back in the ABI hotseat as Kelly departure confirmed
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.