Reinsurance
Ecclesiastical manager joins Markel
Anne Hudson has joined the retail division of Markel UK as as business development manager.
XL results improve, but miss expectations
XL's fourth quarter results improved, but missed Wall St expectations.
Max Capital to increase share buyback
Max Capital,the Bermudian (re)insurer, has increased its share buyback by $100m, the company said.
Aspen reports profit surge
Aspen became the latest company in the insurance market to report a profits surge.
Renaissance Re reports leap in fourth quarter earnings
Bermudian (re)insurer Renaissance Re reported net income of $211.8m or $3.38 per share in the fourth quarter of 2009, compared to a net loss attributable to common shareholders of $55.2m, or a loss of $0.91 per share, in the fourth quarter of 2008.
Armour Re adds former Pro Solutions senior executive
Bermudian specialty reinsurer Armour Re has said that it has hired Katherine Barker as president of its US subsidiary, Armour Risk Management.
Torus adds two brokers to start San Francisco business
Insurer Torus said that it is opening an office in San Francisco.
FSA "a lame duck" following CEO resignation, claims lawyer
Jonathan Davies, regulatory partner at City law firm Reynolds Porter Chamberlain, believes insurers should be worried by the news Hector Sants is to quit the FSA.
US wants UN sanctions resolution on Iran within weeks, including reinsurance
The United States wants the UN Security Council to approve a resolution within weeks, laying the ground for new sanctions against Iran over its nuclear programme, including a ban on (re)insurance.
FSA boss to quit in the summer
The Financial Services Authority has today confirmed that its CEO Hector Sants plans to step down this year.
WR Berkley latest insurer to show earnings jump
WR Berkley has become the latest US insurer to show a jump in earnings with full-year earnings rising to $309m.
Beazley profits pass £100m and GWP hits a £1bn 2009
Beazley chief executive officer Andrew Horton said "our underwriters delivered again in 2009" as it reports improved profits.
Beazley profits pass £100m and GWP hits a £1bn 2009
Beazley chief executive officer Andrew Horton said "our underwriters delivered again in 2009" as it reports improved profits.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
Axis Capital shows profit improvement
Axis Capital, the Bermudian (re)insurer, said that results for the fourth quarter and the year improved.
Lloyd's outlines two-year strategy
Maintaining and developing the attractiveness of the Lloyd’s market are the central themes to a review published today by Lloyd’s.
Aon reports drop in UK revenue
Aon has reported that UK organic revenue decreased 9% in the final quarter of 2009 due to weak economic conditions, soft pricing and lower new business.
Aon reports drop in UK revenue
Aon has reported that UK organic revenue decreased 9% in the final quarter of 2009 due to weak economic conditions, soft pricing and lower new business.
Qatar General Insurance and Reinsurance results slide
The Qatar (re)insurer has reported that net underderwriting revenue for 2009 declined by QAR8.59m
Berkshire Hathaway loses 'AAA' rating
Berkshire Hathaway, Warren Buffett's giant investment vehicle, has had its 'AAA' rating removed by Standard & Poors.
Entries for the British Insurance Awards 2010 now open
The British Insurance Awards 2010 are now officially open for entries. These prestigous awards, for the entire UK general insurance industry, will be presented at the Royal Albert Hall on the evening of the 7 July.
Russia may support new round of sanctions on Iran
UN sanctions, including insurance and reinsurance sanctions, have come one step closer to agreement following Iran’s latest rocket test.
White Mountains reports earnings jump
White Mountains Insurance Group, the Bermudian (re)insurer, reported fourth quarter net income of $100m, up from a net loss of $213m at the same time in 2008.