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AIG risk manager heads Chartis
American International Group (AIG) has pushed through restructuring at Chartis with a management shake-up that brings in risk management executive Peter Hancock for CEO Kristian Moor.
04 April 2011
Nuclear loss fallout behind Eqecat upgrade
Modelling firm Eqecat says loss amplification from the Fukushima nuclear incident is the highest single contributor to its upgraded loss forecast for the Japanese earthquake.
16 May 2011
A hard market, but what kind?
A trio of US equities analysts has endorsed the now near unanimous view that reinsurers are achieving some rate increases, but were sceptical about the breadth and the length of this hard market.
16 May 2011
Liberty Mutual the preferred bidder for Quinn
Liberty Mutual working with Anglo Irish Bank has been revealed as the preferred bidder for Quinn Insurance, the Irish insurer that went into administration in March 2010.
18 April 2011
Nelson is next Lloyd’s chairman
Hammerson chairman John Nelson will succeed Lord Levene as chairman of Lloyd's, the Corporation has confirmed.
18 April 2011
UK non-life sector misses out on Q2 FTSE bounce
After a first quarter in which it outperformed the FTSE All Share index total return, the UK non-life insurance sector has failed to pick up on the widespread bounce in the equity markets in Q2.
06 July 2009
Reinsurers reject multi-year global QBE programme
QBE's giant $1.3bn global programme is struggling to be placed on the multi-year terms it had sought. Evidence that reinsurers are holding the line?
15 December 2010
US will get Solvency II equivalence, says Fitch
The regulatory regime in the US is likely to be deemed equivalent to the Solvency II requirements by the EU because of its long-standing use of risk-based capital requirements, according to Fitch.
01 November 2011
First Libor test case against Barclays set for UK trial
Barclays will be the first bank to be taken to court in the UK for Libor rate manipulation after a UK High Court judge found in favour of a care home operator and allowed the damages claim trial to proceed.
01 November 2012
Endurance holds Q1 Antipodean losses to $60mn
Endurance Specialty has said that its losses from the first-quarter flooding in Australia and the second New Zealand earthquake in February are likely to be around $60mn
17 March 2011
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