Reinsurance
FDIC proposes prepayment of three years of fees
FDIC proposes prepayment of three years of fees
Tsunami hits Western Samoa
24 people die as tsuami hits Pacific island
US: Chinese drywall makers may ignore lawsuits
Lawyers say they expect Chinese companies that made the wallboard to ignore hundreds of lawsuits filed against them in US courts.
Willis acquires Argentinian operation
Willis Re completes the purchase of Herzfeld Willis S.A. (retail) and Willis S.A. (reinsurance) in Argentina
Georgia floods may cost $500m
The flooding that wreaked havoc in Georgia last week may cost insurers $500m
Report: FDIC preparing to ask banks to prepay $36bn
The US regulator could banks to prepay $36bn in premiums to replenish the deposit insurance fund.
Munich Re, Lloyd's syndicates could be affected by Iran sanctions
Sanctions on Iran could affect the business of Munich Re and Lloyd's syndicates, the Financial Times has reported.
Typhoon death toll rises in Philippines
The death toll from Typhoon Ketsana rises to 240 in Phillipines
DIMA sees record Irish growth
DIMA, the representative body for the international (re)insurance industry in Ireland, has seen another record year of premium income growth in its membership.
US surplus lines results dip from competition, cat losses and economy
Report from AM Best notes that in 2008, the underwriting and operating performance of surplus lines companies continued to outpace that of the total property/casualty industry, although at a diminished level from 2007.
US property/casualty net income tumbled first-half 2009
Net income tumbles but underwriting results and investment returns improving.
Philippines hammered by typhoon
Over 100 feared dead as typhoon hammers Pacific nation.
Swiss Re sells Pro Solutions to Tawa
Swiss giant offloads run-off provider for £38m
Report: FEMA overpaid for flood insurance
The US Federal Emergency Management Agency overpaid insurance companies participating in the National Flood Insurance Program by $327m over a period of three years, according to a review by the US Government Accountability Office.
Treasury to address Post's Business Leaders' Forum Parliamentary Reception
Alison Cottrell, director of financial services, HM Treasury and John McFall MP, chairman of the Treasury Select Committee to speak at the BLF reception at the House of Commons.
PartnerRe gains shareholder approval for purchase of Paris Re
Bermudan reinsurer gains unanimous approval from shareholders for the purchase
Post Magazine 24 September - PDF
This week's issue of Post Magazine is now available as a PDF for all full subscribers.
Munich Re, RSA and CarbonRe launch renewable energy project
Innovative renewable energy insurance facility introduced to cover risks in developing countries
Lloyd's half year profits up as catastrophe losses fall
However, chairman Lord Levene talks about "challenging" circumstances.
New reinsurance act proposed by NAIC
NAIC proposes new reinsurance act
Flagstone Re adds property division to Lloyd's operation
Flagstone Re has announced that a team led by Nick Jones has joined its Lloyd's underwriting operation, Marlborough Underwriting Agency to create a worldwide property division.
Pick of the week
Markel aims fire at consumers with new online launch; Broker Willis dumps Bermuda; Law Society reviews insurance renewals; Homeserve loses out in LV repair restructure; and Autofocus to defend itself over credit hire case court threat.