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Lloyd & Partners profits up by 72 percent
JLT's wholly-owned wholesale broker Lloyd & Partners increased its pre-tax profits by 72 percent to £13.9mn in 2010.
27 May 2011
Allianz Q1 profit plummets as write-downs bite
Insurance giant Allianz saw its net income for the first quarter of 2009 drop by EUR1.12bn to EUR29mn compared to Q1 2008, as write-downs almost doubled to EUR708mn and its property and casualty (P&C) business produced sluggish figures.
18 May 2009
Benfield investors looking for reassurance over prospects
Benfield Group should post strong 2006 earnings but shareholders will be seeking reassurance in three areas, according to analyst William Hawkins of Keefe, Bruyette & Woods (KBW).
05 March 2007
Japanese market facing $617mn Melor bill
Typhoon Melor, which made landfall as a category one storm in Japan during October, has resulted in incurred claims of Yen55bn ($617mn), according to an announcement by the General Insurance Association of Japan last week.
17 December 2009
Zurich profits almost double in Q2 on investment uptick
Net income at Zurich Financial Services strengthened by 86 percent to $1.35bn in the second quarter, as its results benefited from a positive $4.5bn year-on-year swing on unit-linked investments.
15 August 2011
Strategic review puts emphasis on brokers
Lloyd's will reveal its vision for Lime Street next week in a review that proposes tweaks rather than revolution. We tell our subscribers what everyone else will have to wait until next Monday to see...
03 February 2010
Bermuda regulatory boost for ILS
The Bermuda Monetary Authority (BMA) is enhancing insurance regulation in a push to become the ILS jurisdiction of choice.
06 October 2009
Collateral boost on way for (re)insurers after Senate vote
Non-US (re)insurers that operate in the US market look set to benefit from reduced collateral requirements after Senator Dodd's financial reform bill passed the Senate.
24 May 2010
Aspen FY net income falls 78.8 percent
Bermuda-headquartered Aspen Insurance Holdings saw its full year 2008 net income decline 78.8 percent to $103.8mn, compared to $489mn in 2007, as it recorded other-than-temporary impairment charges of $59.6mn on its investment portfolio for the year.
09 February 2009
Fosh says Novae has reinvented itself since 2002 nadir
Novae Group is no longer the long-tail, liability-oriented business of the past and from 2011 will finally succeed in shaking its "long-term return on equity problem", CEO Matthew Fosh believes.
16 March 2010
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