Reinsurance
Post magazine – 31 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Vienna Insurance Group sells Russian interests
Vienna Insurance Group has sold its minority interests in Russian insurers MSK Life, SG MSK and So Vita.
Swiss Re agrees alliance with Pro
Reinsurer Swiss Re has agreed a strategic alliance with Tawa-owned insurance business Pro.
Vienna Insurance Group sells Russian interests
Vienna Insurance Group has sold its minority interests in Russian insurers MSK Life, SG MSK and So Vita.
Omega rating under review over exposure management concerns
AM Best has placed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Omega Specialty Insurance (Bermuda) and the ICR of “bbb” of Omega Insurance Holdings under review with negative implications.
Insurers landed with $43bn cat bill
The insurance industry was hit with a $43bn (£26.8bn) exposure for natural catastrophes and man made disasters during 2010, research from Swiss Re has revealed.
AIR revises Japan estimate to $30bn
Catastrophe modelling firm AIR Worldwide has lowered its insured loss estimate for the Japanese earthquake from up to $35m (£21.7bn) to $30m.
Swiss Re to increase dividend by 175%
The Swiss Re board of directors has proposed the approval of a dividend for 2010 of CHF 2.75 - a 175% increase compared to 2009.
Swiss Re to increase dividend by 175%
The Swiss Re board of directors has proposed the approval of a dividend for 2010 of CHF 2.75 - a 175% increase compared to 2009.
News analysis: alarming revelations for commercial cover
The recent Mactavish-Pricewaterhouse Coopers report that declared commercial insurance 'not fit for purpose' is a wake-up call to the market. Insurers, brokers, company boards, government and the buying community should all take note, says John Hurrell.
Aviva boss: earthquake will not impact GI rates
Global general insurance rates will not be dramatically affected by Japan's earthquake and tsunami, according to Aviva's chief underwriting officer.
Wood sets sights on underwriting profit
Ecclesiastical has targeted an underwriting profit for 2011, despite its exposure to last month's earthquake in New Zealand.
Post Magazine – 24 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
RBSI ousts Esure to win Sainsbury’s Finance contract – Insurance News Now – 24 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including the decision by Sainsbury’s Finance to replace its current motor insurance provider Esure, with Royal bank of Scotland Insurance.
RBSI ousts Esure to win Sainsbury’s Finance contract – Insurance News Now – 24 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including the decision by Sainsbury’s Finance to replace its current motor insurance provider Esure, with Royal bank of Scotland Insurance.
Swiss Re exceeds claims budget following Japan quake
Reinsurer Swiss Re has revealed that it has already gone beyond its claims estimates for 2011 following the Japanese earthquake.
Swiss Re exceeds claims budget following Japan quake
Reinsurer Swiss Re has revealed that it has already gone beyond its claims estimates for 2011 following the Japanese earthquake.
Hannover Re anticipates €250m loss from Japan
Based on its analysis of individual treaties, Hannover Re currently anticipates a burden of losses in the order of €250m after retrocessions and before taxes.
Hannover Re anticipates €250m loss from Japan
Based on its analysis of individual treaties, Hannover Re currently anticipates a burden of losses in the order of €250m after retrocessions and before taxes.
Munich Re Japan quake exposure to reach €1.5bn
Munich Re has estimated losses of €1.5bn (£1.3bn) from the Japanese earthquake.
Munich Re Japan quake exposure to reach €1.5bn
Munich Re has estimated losses of €1.5bn (£1.3bn) from the Japanese earthquake.
London improves insurance ranking in Global Financial Centres Index
London has risen one place to fourth in a latest ranking of the world’s most prominent insurance centres.
Swiss Re estimates $1.2bn Japan quake loss
Swiss Re has estimated $1.2bn (£738bn) in claims costs from the Japanese earthquake.
Why US Federal Excise Tax matters to Europe
The US Internal Revenue Service is keen to combat tax evasion and is tightening its federal excise tax enforcement procedures. Asher Harris looks at affect FET has on European insurers doing business with US firms and the resultant cascading effect.