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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
Clive Watson to stand down as Canopius agency CEO; Carroll not in frame as successor
Canopius Managing Agents CEO Clive Watson is to leave the Lloyd's (re)insurer with effect from 1 October.
18 August 2009
DIMA booked GWP of EUR26bn in 2008
The representative body for the international (re)insurance industry in Ireland, the Dublin International Insurance & Management Association (DIMA), claimed its members had seen “another record year” of premium income growth in 2008...
28 September 2009
Levene strikes gold
Lord Peter Levene of Portsoken, the outgoing chairman of Lloyd's, has been awarded the rare honour of a gold medal for services to Lloyd's for his role in re-cultivating the market's reputation and gaining access to new territories
21 September 2011
Munich Re takes sideways swipe at ratings agency methodology
German reinsurer Munich Re Group has elaborated on its financial position. At an investors’ conference today in London it said the Group's available financial resources had increased by EUR1.9bn to EUR22.6bn in the business year 2004. At the same time, th
27 June 2005
Marsh warns against ending TRIA
Discontinuation of the US Terrorism Risk Insurance Act (TRIA) would have an adverse effect on the long-term availability and affordability of terrorism insurance, according to Marsh.
31 August 2010
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
Brit keeps dividend promise after buoyant interims
London market vehicle Brit’s transformation into a well capitalised, UK general insurer was reflected in its interim results published last week.
13 September 2004
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
Hannover Re considers Munich $20bn offshore proposal
Hannover Re today said it "likes the idea" of creating $10bn-$20bn in new third-party liability cover for offshore drilling operations around the US coast and would consider providing capacity alongside rival reinsurance giant Munich Re.
14 September 2010
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