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The Insider 30
Share price data on The Insurance Insider's universe of P&C (re)insurers
22 June 2015
Lloyd’s carriers underperform
P&C (re)insurance share prices were almost flat last week as our Insider 30 index nudged up by just 0.17 percent.
Himal Patel
,
22 June 2015
US Senate backs insurers over Sandy claims
A Senate Banking Committee investigation into allegations that some Superstorm Sandy claims were handled fraudulently has found no evidence of "systematic incentives" for insurers to underpay flood victims.
Jenny Messenger
,
22 June 2015
London less competitive than ever: Driscoll
The current regulatory regime in London is making the city "less competitive today than it ever has been" said Kean Driscoll, CEO of Validus Re, last week.
Jenny Messenger
,
22 June 2015
FBI accuses ex-QBE exec of $2.6mn fraud
The FBI is prosecuting a former QBE executive over allegations that he embezzled around $2.6mn from the Australian insurer.
Dan Ascher
,
22 June 2015
AmTrust’s former broker seeks EUR1.2bn payout
Trust Risk Group, AmTrust's former Italian medical malpractice broker, is suing the insurance giant for EUR1.2bn ($1.4bn) in a Milan court after a $500mn distribution agreement went sour.
Dan Ascher
,
22 June 2015
Nico NWP jumps 405% in 2014: RAA
Berkshire Hathaway's National Indemnity Company (Nico) reported a 404.7 percent spike in net written premium (NWP) during 2014, according to the Reinsurance Association of America (RAA)'s reinsurance underwriting review.
Jenny Messenger
,
22 June 2015
European insurers to issue more debt: AM Best
European insurance companies will continue to take advantage of low interest rates and high investor demand by issuing debt in 2016, according to a report from AM Best.
Charlie Thomas
,
22 June 2015
Exor challenges ‘unrealistic’ Axis/PartnerRe assumptions
Exor has described the assumptions underpinning the combined Axis/PartnerRe business plan as "unrealistic".
David Bull
,
22 June 2015
Heritage, Generali among winners at Trading Risk awards
Italian carrier Generali and Florida takeout insurer Heritage Insurance were two of the winners at the Trading Risk 2015 awards held in London last week.
Fiona Robertson
,
22 June 2015
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