Property
Chinese (re)insurers clear to invest in real estate
Chinese insurers allowed to invest directly in commercial real estate for the first time under new regulations
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.
Groupama launches Romanian subsidiary
Insurer Groupmama has launched Groupama Asigurari in the Romanian insurance market.
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.
Sterling lands Regal panel appointment
Regal adds Sterling to panel to provide mid net worth insurance
Fortis appoints new head of operations for household and travel claims
New head joins from Allianz
Ace appoints North American property head
Ace appoints Paul McNamee to new role.
Barbon focuses on overseas growth
Broker seeks agreements with international partners
Plum launches online MNW quote and buy insurance facility
Website claims to 'dramatically shorten' traditional process.
Fortis to invest £100m in Tesco Insurance launch
New business will propel it to be the second largest motor insurer in the UK.
Behind the mask
The debate surrounding incentives in the handling of household building claims is masking the real problem in the sector, claims Max Dunworth. He explains the real issue is the need to find a better model to fit with the current market upheaval.
Brightside reports 28% profit growth
Broking group "well placed" to take advantage of falling asset values
Chubb appoints new UK and Ireland property claims manager
Mark Jordan promoted to head property claims role.