Reinsurance
Fitch remains supportive of Bermudian reinsurers just before results season
Ratings agency Fitch remaind supportive of Bermudian (re)insurers before the insurance results season starts in February.
Analysts estimate Allianz, Fortis, and Munich Re have large exposures to Greece
Analysts at JP Morgan estimate that Allianz Fortis and Munich Re have a large amount of bond exposure to Greece.
Analysts estimate Allianz, Fortis, and Munich Re have large exposures to Greece
Analysts at JP Morgan estimate that Allianz Fortis and Munich Re have a large amount of bond exposure to Greece.
Scottish Lion ruling overturned
PwC partner Dan Schwarzmann "delighted" by outcome as the Scottish Lion ruling is overturned.
Gen Re health business opens in Japan
Gen Re—one of Berkshire Hathaway's reinsurance arms—is opening a branch office for its life and health reinsurance business in Tokyo.
Swiss Re fined by Swiss stock exchange
The Sanction Commission of the SIX Swiss Exchange has imposed a CHF 50,000 fine on Swiss Re.
Insurers support banks against tougher regulation at Davos
Lloyd's, Zurich and Swiss Re have leant their support to bankers attempting to fend of reforms of the financial services industry at the World Economic Forum in Davos.
Overture sets up new life reinsurer
Overture Acquisition has applied to set up Overture Re in Bermuda.
Buffett may boost his stake in Germany's Munich Re to over 5%
Warren Buffett owns the rights to Munich Re shares that would bring his stake in the reinsurer to over 5%, according to newswire Bloomberg.
Buffett may boost his stake in Germany's Munich Re to over 5%
Warren Buffett owns the rights to Munich Re shares that would bring his stake in the reinsurer to over 5%, according to newswire Bloomberg.
Aegon and Sony Life form new Bermudian reinsurer
Sony Life Insurance has announced that that it has formed a reinsurance joint venture with Dutch insurer Aegon in Bermuda.
Post Magazine 28 January 2010
This issue featured an interview with new Zurich UK general insurance CEO Stephen Lewis, a review of the industry's recent PPI troubles, a look at Directors & Officers' market and soem indepth legal updates on professional negligence, broker duties,…
Lloyd's broker outlines three year plan after reporting static 2009 profit
However, THB group CEO Frank Murphy proud of result which saw increase in fees and commission.
Investing in the Profession: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute and driving force behind the General Insurance Taskforce talks to Ant Gould about the challenges and opportunities facing the general insurance industry in its quest to embrace…
Regulation - PPI fallout: Burst the balloon
With the Competition Commission poised to bring a new case against point of sale payment protection insurance, Leigh Jackson asks what now for the sector — and where might the regulator point its finger next?
Buffett buys Munich stake
Berkshire Hathaway's Warren Buffett has added a stake in Munich Re to his insurance holdings, boosting the company's shares as Post went to press on Tuesday.
Post Video Interview: Brokers impress Scott on professionalism
Brokers have a key role in helping to rebuild trust and confidence in the property and casualty market, according to the chief executive of the Chartered Insurance Institute.
Piracy and Iran sanctions among challenges for marine insurers in 2010
Increased ransoms demanded by pirates and UN/US sanctions imposed on Iran were two potential areas for concern highlighted at a meeting of the International Union of Marine Insurance (IUMI) body on Tuesday.
CCRIF pays $7.75m to Haiti
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $7.75m to the Government of Haiti following the Magnitude 7.0 earthquake which struck close to Port-au-Prince on 12 January, causing damage of catastrophic proportions.
Partner Re 'pleased' with 1/1 renewals
PartnerRe, the Bermudian (re)insurer, said that it is 'pleased' with the performance of its treaty books during the Jan 1 renewals.
California mudslide could cost nearly $5bn
The mudslide that is threatening homes in Southern California could cost homeowners nearly $5bn, First American Core Logic has said.
Travelers in fourth quarter profits leap
Travelers has reported a significant rise in net income and earnings per share for the fourth quarter of 2009
Don't expect Berkshire Hathaway and Munich Re to merge says Wall Street
Berkshire Hathaway's announcement that they had upped their shareholding in Munich Re won't lead to a takeover of the German reinsurance giant, analysts have said.
UK officially exits recession
The UK economy has exited recession, after figures from the Office of National Statistics showed the economy had grown by a 0.1% in the last quarter of 2009.