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Cloutier: Good margins still to be found in the US
Despite the overall picture of declining rates in the US, Brit CEO Mark Cloutier believes there are sufficient margins to be had in the world's biggest insurance market.
13 August 2014
Legal & General to leave ABI
Major UK life insurer Legal & General will resign from the Association of British Insurers (ABI) at the end of 2014, the company announced in a statement today (13 August)
13 August 2014
Brit to pay dividend again as profits leap
Brit Insurance confirmed this morning (13 August) in its interim results that it is to pay its first dividend as a public company since re-listing earlier this year, offering shareholders 6.25p per share.
13 August 2014
Perils increases Tini estimate to EUR281mn
Perils has increased its loss estimate for Windstorm Tini by 11 percent to EUR281mn ($376mn), the loss compilation agency announced today (12 August).
12 August 2014
Italian insurance outlook improves
Ratings agency Fitch has revised its outlook on the Italian insurance market from negative to stable following stronger-than-expected first-half results from Italian insurers
12 August 2014
Japan receives 3 feet of rain from Halong
Tropical storm Halong dropped three feet (91cm) of rain when it made landfall in Japan on Shikoku Island on 10 August, causing the evacuation of half a million people.
12 August 2014
China Re planning $2bn IPO: Reports
China's biggest reinsurer is reportedly planning a Hong Kong initial public offering of up to $2bn, according to media reports
12 August 2014
S&P: ‘Tall order’ to make hedge fund reinsurers work
Hedge fund reinsurers that pursue a more aggressive investment strategy than traditional carriers consume "vastly more capital", Standard & Poor's (S&P) said today (11 August)
11 August 2014
The Insider 30
Weekly share price data on The Insurance Insider's universe of P&C (re)insurers
11 August 2014
Investors become jittery
(Re)insurance stocks moved further into the red last week as the performance of The Insider 30 index fell back by 0.32 percent, led by continental reinsurers.
11 August 2014
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