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Scottish Re hit by another downgrade
Beleaguered Bermudian life reinsurer Scottish Re Group has suffered another ratings downgrade as uncertainty over its financial position continues.
14 April 2008
US brokers suffer in soft market
US-based brokers Arthur J Gallagher & Co (AJG) and Hilb Rogal & Hobbs (HRH) disappointed analysts with first quarter profits down on expectations last week as the top line suffered from the impact of declining insurance rates.
30 April 2007
Lloyd’s Japan premium up 27% on narrow portfolio
The volume of Japanese premium written by Lloyd's increased by 27 percent to $680mn in the two years to the end of 2009, according to a market briefing last month.
05 January 2011
SII could push insurers from securitisation market
Solvency II's disproportionately high capital charges for securitisations could discourage insurers using the standard model from investing in the products, Fitch has warned.
08 May 2012
XL demonstrates recovery with capital return
The recovery powers of XL Capital were amply demonstrated as the Bermuda-headquartered (re)insurer reported a return to share buybacks and authorised a new $1bn repurchase programme.
03 November 2010
Prepare for hard market now, urges Greenberg
The insurance industry should start preparing for a market turning event in order to be ready to take full advantage when it comes, according to Jeffrey Greenberg, chairman of private equity firm Aquiline Holdings.
31 March 2011
Fitch upgrades RenRe to A+
Fitch has upgraded RenaissanceRe's insurer financial strength rating to A+ from A to reflect what is said was the company's strong cross-cycle underwriting profit.
21 January 2011
European run-off market hits EUR220bn
PricewaterhouseCoopers has estimated the non-life European run-off market's total size at EUR220bn in 2012, essentially flat on last year's EUR218bn
16 October 2012
CTC shares fall on dividend cut
Shares in London-based insurance service provider Charles Taylor Consulting (CTC) fell almost 12 percent after the firm announced it would reduce the dividend it paid out following a "difficult year"
31 March 2011
Lloyd's insurers upbeat on trading statements
The London market is enjoying strong rate rises in 2006, according to trading statements from three leading quoted Lloyd's (re)insurers.
30 May 2006
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