• X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
Insurance Insider is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

April 2015/4

  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • Shares in our listed P&C universe - The Insider 30 - dipped by 1.03 percent last week, mirroring the performance of wider stock market benchmarks.
  • The International Underwriting Association (IUA) has criticised a Scottish government plan to recoup the cost of treating asbestos-related disease from insurers as "unequitable" and possibly illegal.
  • Regulatory developments at EU level have led to "a complex and confusing legislative architecture" of overlapping legislation, industry lobby group Insurance Europe has said.
  • Greater subjectivity brought in by the 2015 Insurance Act could force insurers to decide whether to pay a claim more quickly, according to loss adjuster Cunningham Lindsey.
  • A fraud trial against former American International Group (AIG) CEO Maurice "Hank" Greenberg looks set to go ahead after a judge threw out a final bid to have the case dropped.
  • Brown & Brown subsidiary Beecher Carlson has asked a US court to grant it ownership of a company that was set up by a number of former employees who allegedly stole information.
  • Aprilgrange, a subsidiary of US carrier Travelers, is being sued by a yacht owner for failing to pay out the full insured amount after the vessel was destroyed in a fire.
  • A $10mn dispute between Hyundai Fire & Marine and its London market broker became more heated last week after a row over "grossing up" commissions was once again aired in court.
  • Arthur J Gallagher subsidiary Heath Lambert is being sued by a Berkshire Hathaway-owned carrier over allegations that the broker failed to retain documents relating to a claim.
  • The Insider 30 index was up 6.25 percent in the first quarter of the year, marking a dramatic turnaround from the 3.09 percent fall in the same period of 2014...
  • Exor's unexpected $6.4bn all-cash move for Bermudian reinsurer PartnerRe has divided analysts on whether Axis will raise its current $5.5bn bid.