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Marsh forecasts growth in onshore captives
Companies are more likely to form new captives onshore in the US or the EU instead of opening in offshore locations, according to Marsh's 2012 Captive Benchmarking Report.
23 April 2012
Large risk losses to hit Munich Re Q1 results
Munich Re warned its first quarter profits are likely to be down on last year’s, following “major losses” in the first three months of 2008.
17 April 2008
Scor tops up contingent cover to EUR150mn
Global reinsurer Scor has increased the amount of event-driven contingent capital it can draw on following large natural catastrophe losses to EUR150mn, having triggered the first EUR75mn of its 2010 facility last year.
21 May 2012
Starr hires Chubb political risk team
CV Starr is growing its political risk/credit business after hiring a market leading underwriting team from Chubb Group of Insurance Companies.
29 September 2010
80 percent of brokers believe cycle is still the greatest challenge
Over 80 percent of brokers believe that maintaining profit throughout the insurance cycle is still the greatest challenge for the insurance industry.
07 August 2006
Ace adds a third to bottom line in Q1
Ace's first quarter profits are up by a third as it avoided the worst of the catastrophe losses, and enjoyed increased investment returns and reserve releases.
29 April 2010
JLT continues to plunder Aon with professional risks defectors
Jardine Lloyd Thompson (JLT) has continued to lure Aon executives with the hiring of another team of producers from the broking giant.
14 October 2010
Ratings fall at RenRe as Stanard departs
RenaissanceRe CEO and chairman James Stanard quit last week over the ongoing investigations into the troubled reinsurer’s earnings restatement – a move which triggered a wave of negative rating agency actions.
07 November 2005
Modest rate rises lay stable ground for UK insurance
Ratings agency Moody's has affirmed its stable outlook on the UK general insurance sector as it forecasts modest real-term rate increases in most lines of business.
23 April 2012
Catlin breathes new life into Lloyd's microcosm
Short-term life business has never been a significant component of the Lloyd's mix and in recent years its share has shrunk even further.
27 April 2009
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