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Captives plead for ‘special treatment’ under SII
European risk managers have banded together with the captive insurance industry to appeal for "special treatment" under Solvency II.
07 June 2010
Gallagher UK juggernaut rolls on, but FirstCity acquisition drags
Pre-tax profits at Arthur J Gallagher (UK) Limited fell by a quarter in 2010 as one-off costs associated with acquiring financial lines specialist FirstCity weighed on its results
06 October 2011
QBE eyes bumper 2010 harvest with NAU deal
Expansive Australian insurer QBE's $565mn move to acquire NAU Country Insurance will see it pick up an 11 percent share of the US crop insurance market.
19 April 2010
2011: The year of the cats
$90bn+ of catastrophe claims have tested (re)insurers, but if renewals for US commercial lines are anything to go by, reinsurers may yet benefit from increased rates
29 November 2011
Lancashire Re set for London IPO
Class of 2005 reinsurer looks to be the first start-up on AIM since PRI The Bermudian start-up reinsurer Lancashire Holdings Ltd is set to float on the London Stock Exchange’s Alternative Investment Market (AIM) in a bid to raise the final tier of...
08 December 2005
Trading Risk briefs
RenRe braced for capital markets threat; P&C reinsurers continue life and longevity foray; IFEX signs Kusay for marketing drive
04 March 2010
HCC profits dip after investment losses
First quarter profits fell at US insurer HCC Insurance Holdings Inc following losses in its investment portfolio.
12 May 2008
Wellington hit, but raises dividend
Wellington Underwriting Plc saw its pre-tax profits fall by a third to £78.1mn (2003 £116.7mn) but raised its dividend on the back of strong underwriting returns.
07 March 2005
Axa H1 profit drops 28% after UK life sale; confirms executive reshuffle
French insurance giant Axa saw net income for the first half of the year drop 28 percent to EUR944mn after sustaining a EUR1.48bn loss related to the sale of part of its UK life operations earlier in the year.
04 August 2010
Alexander Forbes sells international arm in £86mn deal
South African-headquartered broker Alexander Forbes Ltd has reached an £86mn deal with US broker Lockton Companies Inc and private equity firm Stone Point Capital LLC to sell its London-based international arm, Alexander Forbes International Risk Services
21 August 2006
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