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Berkshire Hathaway attracted by Europe’s legacy
Berkshire Hathaway is ready to take its shopping trolley to continental Europe to pick up discontinued insurance business, according to a key executive at the Warren Buffett-led firm.
19 September 2011
NY Exchange only given ‘modest chance’ by key supporter
Don Kramer, one of the leading advocates of a revitalised New York Insurance Exchange, is increasingly bearish on its prospects of success.
25 October 2010
ILS fundraising picks up pace
A raft of planned ILS funds were announced last week as well as the official launch of Horizon21 spin-off Twelve Capital, The Insurance Insider's sister publication Trading Risk reported.
31 August 2010
‘Record’ Q3 profits for Transatlantic and Aspen
Transatlantic Holdings and Aspen Insurance Holdings reported record third quarter profits with Everest Re also booking a dramatic swing in fortunes against the prior-year period as the theme of bumper returns from benign underwriting conditions and recove
29 October 2009
Greenberg fails to oust New York judge
Former American International Group (AIG) chief executive Hank Greenberg has failed to remove the judge presiding over a lawsuit in the New York Supreme Court, according to reports
29 March 2011
CORRECTION: Greenberg fails to oust New York judge
Former American International Group (AIG) chief executive Hank Greenberg has failed to remove the judge presiding over a lawsuit in the New York Supreme Court, according to reports
29 March 2011
Moody’s completes Scor upgrade trio
Moody's Investors Service was the third rating agency to upgrade Scor in recent weeks, taking its financial strength ratings to A1 from A2 on the back of consistent results and strong capitalisation.
09 May 2012
The Return of Irrational Exuberance - The Thrill is Gone, suggests David Schiff
The insurance business appears quite good these days. Premiums have gone up sharply for several years. Reasonably well-capitalized property-casualty companies have to do something very wrong to achieve poor accident-year results. You'd probably call this
01 January 2004
Brussels launches antitrust probe into P&I clubs
London and international market (re)insurers are set to be questioned as part of a new European Commission (EC) investigation into possible anti-competitive activity among the 13 shipowner mutuals of the International Group of Protection and Indemnity (IG) clubs
10 September 2010
Ike losses continue to escalate
Bermudian (re)insurer Validus Holdings Ltd joined the crowd of underwriters increasing their loss estimates from Hurricane Ike as the harsh impact of the September 2008 storm continues to mount.
26 January 2009
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