Insurer
Guy Carpenter: reinsurance market has excess capital of $19bn
For the second consecutive year, global reinsurance property catastrophe rates for most lines of business will decline at the 1 January 2011 renewals, according to a new report published by Guy Carpenter & Company.
Willis: 2011 reinsurance renewals 5-10% lower than 12 months ago
Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the 1 January 2011 reinsurance renewals averaging between 5% and 10%.
Willis: 2011 reinsurance renewals 5-10% lower than 12 months ago
Overcapitalization in the reinsurance market continues to gradually push rates downwards with price reductions at the 1 January 2011 reinsurance renewals averaging between 5% and 10%.
2010 the third worst year for church lead theft claims Ecclesiastical
According to new data from Ecclesiastical, more churches in Manchester diocese have had lead stripped from their roofs by criminals this year than any other area of the UK.
AIG CEO: we can see the finish line after $3bn credit agreement
AIG has confirmed that it has entered into 364-day and 3-year bank credit facilities totaling $3bn (£1.94bn)split evenly between the two.
Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
Brit takeover deadline extended as over 70% accept Achilles' terms
Brit Insurance has announced that the the deadline for shareholders to accept the recommended cash offer by Achilles is being extended and will remain open for acceptance until the next closing date which will be 1pm on 10 January 2011.
ABI: household now the number one target for insurance fraudsters
Home insurance is now the number one target for insurance fraudsters according to the Association of British Insurers.
Chaucer estimates $20m NZ earthquake exposure
Lloyds insurer Chaucer has increased its estimated exposure to the earthquake in New Zealand from $12.5m (£8m) to $20m.
S&P predicts Russian insurer will diversify in PL
Standard & Poor's has assigned its 'BB-' long-term counterparty credit and insurer financial strength ratings to Russia-based Energogarant JSIC.
S&P predicts Russian insurer will diversify in PL
Standard & Poor's has assigned its 'BB-' long-term counterparty credit and insurer financial strength ratings to Russia-based Energogarant JSIC.
Charles Taylor begins search for new CEO as Rowe steps down
Charles Taylor Consulting has announced that John Rowe has advised the board that, after 37 years' service with the company, the last 17 of which were as a board member, he wishes to retire as CEO and as a member of the board by the end of 2011.
Exclusive gender and risk assessment content now available
Insurance Insight’s last 2010 weekly update is now live with a look at the European Court of Justice’s decision on using gender as a risk factor will have on the insurance market, and a View from the Top that examines the importance of geographical data…
Exclusive gender and risk assessment content now available on Post Europe
Post Europe’s last 2010 weekly update is now live with a look at the European Court of Justice’s decision on using gender as a risk factor will have on the insurance market, and a View from the Top that examines the importance of geographical data in…
Post Europe: The end of the road for cheaper car insurance for women?
A Belgian court case that has been referred to the European Court of Justice questions the validity of using gender as a risk factor in insurance. Lesley Ainsworth and Paul Castlo review the impact the decisions in this case could have for all European…
The end of the road for cheaper car insurance for women?
A Belgian court case that has been referred to the European Court of Justice questions the validity of using gender as a risk factor in insurance. Lesley Ainsworth and Paul Castlo review the impact the decisions in this case could have for all European…
Post Europe: The importance of geography
Geographical risk assessment has come on in leaps and bounds over the past 10 years. Insurers now have access to data across Europe that gives them the ability to pinpoint the locations of their insured risks better than ever before.
The importance of geography
Geographical risk assessment has come on in leaps and bounds over the past 10 years. Insurers now have access to data across Europe that gives them the ability to pinpoint the locations of their insured risks better than ever before.
S&P revises its outlook on Dutch insurer Eureko
Standard & Poor's has revised to stable from negative its outlook on the core operating entities and the holding companies of Netherlands-based multiline insurer Eureko Group.
S&P revises its outlook on Dutch insurer Eureko
Standard & Poor's has revised to stable from negative its outlook on the core operating entities and the holding companies of Netherlands-based multiline insurer Eureko Group.
AIG fined for misreporting $2.12bn of workers comp premium
AIG and its workers compensation insurance affiliates have agreed to pay $100m (£65m) in fines to insurance regulators in all 50 states and the District of Columbia for alleged premium under-reporting, acting Pennsylvania Insurance Commissioner Robert L…
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Admiral launches French direct insurer L'Olivier
Admiral today announced that its direct insurance operation in France, L'Olivier (Olive Tree), launched today from its offices in Paris.
Business insolvencies fall in November
The rate of business insolvencies fell form 0.09% to 0.07% last month, research from Experian has revealed.