Reinsurance
Beazley GWP rises by 27%
Dublin-domiciled Beazley has reported pre-tax profit up 15% to £100.7m (2008: £87.2m) and an underlying profit before income tax up 259% to £147.3m (2008: £41.0m).
Blog-re: Buzztacular
As part of a series of guest blogs from reinsurance personalities, following yesterday's announcement of the launch of social media platform Goggle Buzz to rival Twitter and Facebook, Peter Dunkley of Total Objects explains how the reinsurance market can…
Blog-re: Buzztacular
As part of a series of guest blogs from reinsurance personalities, following yesterday's announcement of the launch of social media platform Goggle Buzz to rival Twitter and Facebook, Peter Dunkley of Total Objects explains how the reinsurance market can…
Editor's comment: Sants - is he quackers to give up FSA position?
A headline screaming "lame duck" and "Financial Services Authority" was put up on the Post website on Tuesday following the resignation of the regulator's chief executive Hector Sants.
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.