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Moody's turns negative on US commercial lines
Ratings agency Moody's has revised its outlook for the US commercial lines insurance sector to negative from stable.
20 April 2009
Terra Firma poised to begin Chaucer due diligence
In-play Lloyd's (re)insurer Chaucer is set to allow private equity firm Terra Firma access to its financials, increasing the chances that a bid will be made for the UK-listed firm by next month, The Insurance Insider can reveal.
14 February 2011
Microinsurance is a growth opportunity for reinsurers
Microinsurance provides a "tremendous opportunity" for global reinsurers to access new markets and obtain peril diversification.
20 November 2009
Property rates to fall 6% at 1 January as large losses recede
Property rates outside Latin America are likely to fall by around 6 percent at 1 January, according to Aon Benfield's quarterly facultative market report.
21 December 2010
Property rates to fall 6% at 1/1 as large losses recede
Property rates outside Latin America are likely to fall by around 6 percent at 1 January, according to Aon Benfield's quarterly facultative market report.
21 December 2010
CDS spreads narrow as (re)insurer optimism continues
(Re)insurer credit default swap (CDS) spreads again narrowed in November as investors continue to remain optimistic about the sector.
29 November 2010
Royal’s strong underlying performance missed by markets
Despite a decline in group operating profit from £226mn in 2002 to £140mn for 2003, ratings agencies and analysts have not echoed the stock market negativity that saw Royal and Sun Alliance (R&SA) shares drop almost 15 percent last Thursday (11 March) as
15 March 2004
BP Marsh pumps £1.4mn into Lloyd’s broker
Niche private equity investor BP Marsh has gone into partnership with Randall Goss-led wholesaler US Risk Insurance by taking a significant stake in the latter's Lloyd's broking house, NCG Professional Risks.
10 June 2010
Starr announces AWAC tie-up
US insurer CV Starr & Co has announced a tie-up with Allied World Assurance Company (AWAC) enabling it to offer management liability lines on behalf of the Bermudian firm.
18 February 2008
Market softening dents RenRe Q1 profits
Market softening contributed to a $50mn first quarter profit fall at RenaissanceRe Holdings Ltd, compared to the prior-year period.
30 April 2008
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