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Swiss Re sees renewals growth through GE acquisition
Fuelled by its acquisition of GE Insurance Solutions (GEIS), Swiss Re reported a 14 percent increase in business at the January renewals, the equivalent of SFr1.3bn.
13 February 2007
North Americans wear storm losses (relatively)well
US insurer The Hartford announced record 2005 net income of $2.3bn, or $7.46 a share, despite the year’s record industry hurricane losses. The figures were up by 8 percent and 5 percent respectively on 2004 results of $2.1bn and $7.12 a share...
16 February 2006
Lloyd's rules out forming US admitted insurer
Lloyd's has ruled out creating a fully-fledged US insurance company - an idea that was floated as part of the three-year strategic plan delivered in January.
14 August 2006
Aon's Devine steps down
President of Aon Risk Services (ARS) Ted Devine has stepped down from the firm with immediate effect, The Insurance Insider can reveal.
20 November 2009
FSA concerned over insurers' grab for distribution
March discussion paper also raises again the prospect of mandatory disclosure
07 April 2008
AIG ring-fences insurance business for possible 19.9% IPO
A clearer picture of a future for American International Group (AIG) - and in particular its general insurance operations - has emerged out of the rubble of the fallen giant's latest government rescue package.
10 March 2009
Towergate founder calls for greater transparency
Broker commission transparency is "inevitable", according to Peter Cullum, the founding chairman of Towergate Partnership, yet he insisted the London market needs to eradicate major inefficiencies in order to compete in the long-term.
29 May 2007
IPC earnings hit by global cat events
Bermudian reinsurer IPCRe has released a $100mn profit warning following recent storm and flood events on opposite sides of the globe in the UK and Australia.
18 July 2007
AM Best makes senior Lloyd's hire
AM Best bolstered its London operations with the hiring of Lloyd's head of capital and broker relationships, Nick Charteris-Black.
17 December 2007
Solvency II to drive European run-off focus
The introduction of the Solvency II directive will drive an increased focus on run-off across Europe, according to a new survey launched by PricewaterhouseCoopers LLP (PwC) in conjunction with the Association of Run-Off Companies.
13 February 2008
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