Reinsurance
Madoff finance boss pleads guilty
Frank DiPascali, the former CFO of Bernard Madoff, has pleaded guilty for his role in the $65bn fraud.
Berkshire Hathaway to write more casualty business
Buffett’s Berkshire Hathaway is willing to sell more insurance for natural disasters but may be held back by falling prices
Hannover Re to strengthen capital base
Reinsurer plans to grow its capital base by upto 26%
Second quake hits Tokyo
Earthquake hits early Tuesday morning and damages main motorway south of the capital.
Preliminary losses from Typhoon Morakot not ruinous for Taiwanese insurers, say reports
Taiwanese Central Re notes that a large amount of business risks affected shared with foreign reinsurers.
Paris Re net income down 20%
Paris Re has reported a net income of $59.4m for Q2 compared to $81m in the same period last year.
Typhoon Morakot batters Asia
Typhoon Morakot struck the Philippines, Taiwan, Japan and China with government reports of widespread damage.
Strong quake jolts Tokyo
A strong earthquake with a magnitude of 6.9 struck Tokyo on Sunday.
Berkshire Hathaway second quarter earnings surge
Warren Buffett's investment vehicle sees earnings surge 14%
Catlin profits up 60%
Catlin profits jump as investment return more than trebles.
Allied World net income jumps 43%
Allied World's net income for the second quarter jumps 43%.
SEC statement on Hank Greenberg
SEC charges former AIG CEO with improper accounting transactions over the space of five years.
Markel International underwriting profits more than double
Insurer reports$16.3m profit as GWP falls to $358m
Hannover Re earnings surge
Hannover Re takes advantage of demand for reinsurance after capital squeeze to record leap in first half earnings.
Ace Europe grabs senior exec from Aon Benfield
Aon Benfield loses senior executive to Ace Europe