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RMS to launch parametric indices for trading risk
Risk modelling firm Risk Management Services (RMS) is launching a series of natural catastrophe indices for US wind and quake, and European windstorm under the banner Paradex.
14 January 2008
Kiln forecasts improvement
Lloyd's insurer Kiln predicted improvements for three of its four syndicates when it updated its syndicate forecasts on 31 May.
05 June 2006
Navigant set to close (re)insurance service line
In a key example of the challenges service providers have been posed by the global economic downturn, Navigant Consulting's (re)insurance service line is set to be discontinued in the coming months.
24 November 2009
Perils puts Klaus loss at EUR1.55bn
Newly founded Zurich-based Perils AG estimates the property insurance market loss for windstorm Klaus at EUR1.55bn.
18 May 2009
Willis will lose HRH contingent commissions in three years
Willis has committed to phasing out its newly acquired contingent commissions within three years following its announced acquisition of Hilb Rogal & Hobbs (HRH) for $2.1bn.
09 June 2008
Rivals wait to feed at Aon Benfield feast
The £844mn Aon Benfield deal completes this week but that will not stop rival firms circling to see whether they can pick out any attractive morsels from the reinsurance broking giant.
24 November 2008
Net profit down at Talbot
Net profit at Lloyd's insurer Talbot Holdings Ltd Syndicate 1183 has fallen by around £8mn for 2007 despite an 81 percent investment income hike and steady gross written premiums.
31 March 2008
Berkshire profits down as underwriting income halves
Berkshire Hathaway saw net profits fall by around $1.9bn for the first six months of 2008 after reporting a $952mn loss on financial derivatives for the period and lower underwriting profits.
11 August 2008
Forestry (re)insurance consortium launched
London-based reinsurance agency ForestRe Ltd has reached an agreement with four Lloyd's syndicates to underwrite the world's only forestry-focused portfolio.
28 January 2008
Hiscox builds out US platform; scales back Bermuda
Hiscox Ltd, the UK quoted (re)insurance group, is building out its US operations with “10 key appointments” and plans to open four new offices in Lexington, Kansas City, Miami and Los Angeles next year.
03 December 2008
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