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Airline insurers warned as rates fall on flagship accounts
The renewal of the flagship Lufthansa airline account last year highlights the soft market for airline insurance, The Insurance Insider can reveal.
12 January 2007
Hannover Re’s cat-hit Q1 rescued by tax and reserve releases
Global reinsurer Hannover Re reported a EUR52mn profit for the first quarter thanks to a hefty tax refund and reserve releases, as its non-life underwriting dropped to a EUR330.9mn operating loss
03 May 2011
Chubb reports $419mn profit despite cat toll
Chubb reported an almost 20 percent year-on-year drop in second quarter net income to $419mn but managed to remain in the black - and beat the Wall Street consensus - despite the recent spate of deadly tornadoes.
25 July 2011
BP Marsh’s profits recover
Niche UK venture capital firm BP Marsh's profits for the year to 31 January 2010 climbed to £3mn from just £0.1mn the previous year
02 June 2011
Willis names president of North American retail
Willis Group has named Vic Krauze as president of Willis HRH, its North American retail business.
28 August 2009
Scor premium income surges by a fifth
Scor has disclosed that during the June and July reinsurance renewals it wrote 22 percent more treaty business for P&C and specialty lines business.
25 July 2011
Omega Names buyout offer 'opportunistic masterstroke'
Market experts have described Lloyd's underwriter Omega's £50mn-£125mn offer to buy-out Names' capacity on its flagship Syndicate 958 as a shrewd move to utilise its excess capital.
08 June 2009
Omega confirms chairman exit
Omega Insurance Holdings confirmed last week that chairman Walter Fiederowicz is stepping down from the company, with a successor expected to be in place by 1 January 2010.
24 November 2009
Increased losses due from climate change
Reports published in the last week have again warned the insurance industry to expect increased financial losses as weather-related catastrophes worsen as a result of climate change.
10 April 2007
Softening market highlights European reinsurance divide
As the market continues to soften, a divide is emerging among European reinsurers, with stronger companies unencumbered by recent problems outpacing their peers, according to Benfield’s latest quarterly report on the sector.
27 June 2005
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