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Montreal hit by floods

Torrential rain led to a state of emergency being declared in Montreal over the weekend, as city officials described the flooding as the worst in decades.

Sofia Geraghty, 08 May 2017
Med-mal dominates RenRe Ogden exposure

RenaissanceRe has highlighted legacy UK medical malpractice contracts as its primary exposure to the UK government's recent changes to the Ogden rate

Matthew Neill, 08 May 2017
CBL hires former RSA UK retail head

Specialist credit and financial lines (re)insurer CBL Corporation has appointed RSA's former UK personal lines head as its head of Europe, according to a statement from the company

Bernard Goyder, 08 May 2017
Opinion: Chinese regulation

Concerns over the trading legitimacy of Chinese (re)insurers are not new

Matthew Neill, 08 May 2017
Disruption the focus of MMC Young Professionals 2017 forum

Marsh & McLennan Companies is inviting the (re)insurance sector's young professionals, high achievers and newcomers to discuss the topic of disruption at a two-day event aimed at developing future industry leaders.

Catrin Shi, 08 May 2017
Aon to cut senior ranks in post-Hewitt restructure

Aon is expected to unveil a programme to cull its senior ranks in its first quarter earnings announcement tomorrow (9 May) as part of a series of cost-cutting and restructuring measures designed to position the business for growth, The Insurance Insider can reveal

Adam McNestrie, 08 May 2017
Berkshire profits dented by AIG and insurance losses

Warren Buffett's Berkshire Hathaway posted a 4.8 percent drop in first-quarter operating profit after the company's insurance segment fell to an underwriting loss driven by catastrophe claims and a charge related to the massive AIG reinsurance deal struck earlier this year.

Ted Bunker, 06 May 2017
EMC Insurance profit hit by record cat losses

EMC Insurance Group cited record first-quarter catastrophe losses in reporting a plunge in operating profit that missed Wall Street expectations by a wide margin.

Ted Bunker, 06 May 2017
Rough US weather week leaves $1bn+ in economic losses

Stormy weather at the end of last week brought blizzard conditions to parts of the Upper Midwest, severe thunderstorms and flooding in the Mississippi River basin and deadly tornadoes to east Texas, with total damages estimated at more than $1bn, Aon Benfield’s Impact Forecasting unit said.

Ted Bunker, 06 May 2017
Kinsale falls after Q1 earnings miss

Wall Street punished US specialty insurer Kinsale Capital today after the company posted a narrow earnings miss late yesterday.

Ted Bunker, 05 May 2017

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