Reinsurance
Lancashire unveils new $250m reinsurance vehicle
Lancashire Holdings has today announced that it will launch Accordion Reinsurance, a fully collateralised side car quota share reinsurance arrangement with what it describes as "an innovative capital draw down feature".
Legislation set to impact international reinsurers' exposure to Japanese earthquake damage
City law firm Reynolds Porter Chamberlain will explain the important areas of a new Japanese insurance law that will affect reinsurers' exposure to the Japanese earthquake damage at a talk on Friday 20 May.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Dexia Insurance Belgium's parent Eurco sees ratings upgraded
The position of Dexia Insurance Belgium is now viewed with more certainty, as it is parent Eurco has its rating upgraded.
Prostitutes invited to Munich Re-owned Ergo party
Munich Re has confirmed that one of its business units invited 20 prostitutes to a Budapest party to reward the insurer’s high- performing agents.
Dexia Insurance Belgium's parent Eurco sees ratings upgraded
The position of Dexia Insurance Belgium is now viewed with more certainty, as it is parent Eurco has its rating upgraded.
View from the top: A very bad year
Despite reinsurers' initial talk that the Australian floods and the New Zealand & Japanese earthquakes were earnings — not balance sheet — events, and there would be no impact on rates, the chatter has changed recently, with some now actively hinting at…
Simia run-off will have 'little effect'
The Solicitors Regulatory Authority has downplayed the effect of the Solicitors' Indemnity Mutual Insurance Association's decision to go into run-off.
Solvenct II - Investments: Straight to the heart
Solvency II is about much more than simple regulation and is already preoccupying chief investment officers. Ciara Searle examines the implications it will have for asset allocation and fund transparency.
News analysis - AJG acquisition: Deal or no deal
After a number of stalled bids from a variety of firms, Heath Lambert has been bought by international giant Arthur J Gallagher. Mairi MacDonald follows the timeline of the deal and looks at what the consequences may be.
Post magazine – 19 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind”…
Cooper Gay unveils UK restructure
Cooper Gay has restructured its UK business, Cooper Gay & Co, into three core trading units to form what it hopes will be a "stronger and more streamlined platform" for growth.
Canopius Europe begins operations
Canopius Europe, the latest underwriting platform from Canopius Group, has commenced operations.
Canopius Europe begins operations
Canopius Europe, the latest underwriting platform from Canopius Group, has commenced operations.
Catlin Q1 GWP bolstered by Swiss start-up as UK/London dips 10%
Catlin this morning reported that it had seen an 11 per cent increase in gross premiums written ($1.4bn or £860m) and that over half (52 per cent) had been written by non-London/UK underwriting hubs.
Lloyd's reveals £2.34bn claims hit from quakes, tsunami and flooding
Lloyd’s has today announced its estimated net claims before tax from the earthquakes this year in Japan and New Zealand and the January 2011 floods in Australia.
Catlin Q1 GWP bolstered by Swiss start-up as UK/London dips 10%
Catlin this morning reported that it had seen an 11 per cent increase in gross premiums written ($1.4bn or £860m) and that over half (52 per cent) had been written by non-London/UK underwriting hubs.
Energy - overcapacity: Getting plugged in
The energy insurance sector is buzzing at the moment, but Rachel Gordon investigates whether the good times are sustainable.
Reinsurer cat budgets exhausted after Q1
Reinsurers' annual budgets have been exhausted after the major natural catastrophe losses in the first quarter were followed by 150 tornadoes hitting 13 south-eastern US states last month. According to Dominic Simpson, vice president, senior credit…
Post magazine – 12 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Endsleigh faces High Court onslaught over claims costs - Insurance News Now – 12 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the potential £30m High Court battle facing Endsleigh following its alleged failure to provide “technically accurate” claims handling for Southern Rock and…
Endsleigh faces High Court onslaught over claims costs - Insurance News Now – 12 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the potential £30m High Court battle facing Endsleigh following its alleged failure to provide “technically accurate” claims handling for Southern Rock and…
Munich Re still predicting 2011 profit despite €2.7bn Q1 nat cat hit
Munich Re posted a consolidated loss of €948m (£834m) for the first quarter of 2011 (previous year: profit of €485m).