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Greenberg: Market is ‘gambling’ on low losses for profit

Chubb CEO and chairman Evan Greenberg has claimed many (re)insurers are "simply gambling" on the current benign loss environment to make money

Catrin Shi, 08 April 2016
Syndicate 1861 posts flat profits for 2015

ANV's flagship Lloyd's Syndicate 1861 experienced year-on-year premium growth in 2015, alongside flat profits and a steady combined ratio

Matthew Neill, 07 April 2016
Faraday profits halve in 2015

Faraday's Lloyd's Syndicate 435 saw its profits fall by nearly half in 2015 but continued to comfortably outperform the broader market

Matthew Neill, 07 April 2016
TMK Syndicate 510 improves bottom line for 2015

Tokio Marine Kiln (TMK)'s Syndicate 510 delivered higher profits in 2015 amid premium growth and a lower incidence of non-catastrophe losses

Iulia Ciutina, 07 April 2016
OIL profits fall 95.8% amid increased incurred claims

Energy insurance mutual Oil Insurance Ltd (OIL) reported a 95.8 percent drop in net income to $30.9mn in 2015 after a challenging year for the company.

Matthew Neill, 07 April 2016
ABIR proposes NFIP reforms

The Association of Bermuda Insurers and Reinsurers (ABIR) has called for US regulators to focus on six specific reforms to help transfer flood risk to the private insurance sector

Catrin Shi, 07 April 2016
Generali casualty chief heads to nuclear insurer

William Morris, head of casualty underwriting at Generali's UK branch, has resigned to take up a senior role at Nuclear Risk Insurers (NRI), The Insurance Insider can reveal

Charlie Thomas, 07 April 2016
Aquiline closes 3rd fund at $1.1bn

Aquiline Capital Partners has closed its third fund with over $1.1bn in total capital commitments, exceeding its target by 10 percent.

David Bull, 07 April 2016
March storms cost US insurers $2bn

Insurers face a bill of at least $2bn after storms caused damage across much of the US in March, according to Aon Benfield.

David Bull, 06 April 2016
The Hartford to build E&S platform beyond small commercial

The Hartford will look to use its Maxum acquisition as a platform to hire teams and build out its E&S presence beyond the small commercial space, Inside E&S has learned.

David Bull, 06 April 2016

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