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  • Lloyd's published an update to its rolling three-year strategic plan last week, highlighting achievements since its launch at the start of 2006, but warning of soft market challenges, and work required to improve efficiencies in the market's operating env
  • Despite a strident showing by the equities markets in Q4 2010, (re)insurers' investment portfolios are set to suffer in the period because of rising interest rates on their bond holdings
  • Fairfax Financial Holdings Ltd continued to swim against the tide of financial turmoil as it reported its best ever annual profits on the back of record investment gains.
  • Around 270 jobs have been cut from The Hartford Financial Services Group’s investment products division in recent weeks, as the US insurer continues to suffer at the hands of its variable annuity (VA) business.
  • The offshore energy market has undergone a dramatic re-rating following the losses of the last two months, according to reports from Moody's and Willis.
  • Alterra Capital Holdings has launched the first post-Japan property catastrophe sidecar in partnership with private equity firm Stone Point Capital and up to $200mn of committed capital
  • Florida's regulators approved State Farm's controversial plan to withdraw from the Sunshine State's property insurance market within two years.
  • David Schiff looks at legal reform... You've heard it before. The legal system is out of control. The plaintiff's bar is ruining America. If we don't get legal reform, terrible things will happen: businesses will go bust or go elsewhere; jobs will be l
  • Lloyd's has imposed a boardroom overhaul on loss-making Lime Street motor underwriter Equity Red Star's Syndicate 218 as part of its review launched alongside a separate probe by the UK's Financial Services Authority (FSA)
  • The global insurance industry is facing emerging risks, providing unparalleled opportunities for new product development, yet it needs support from the regulatory system in order to operate in a stable environment...