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  • Shares in London-listed insurance outsourcing firm Quindell rose nearly 10 percent this morning (23 April), partially recovering from a 40 percent slump yesterday after US investor Gotham City Research published a highly critical note on the company
  • The European arm of giant Japanese carrier Tokio Marine has appointed former Zurich Insurance executive Peter Leslie as its new chief underwriting officer (CUO), replacing Eitaro Doi, the company said today (23 April).
  • Zurich-headquartered carrier Echo Re today (23 April) announced plans to write Latin American treaty reinsurance through a new partnership with Miami-based Emerging Global Risk Management
  • Covéa Insurance, the UK personal lines arm of French mutual carrier Covéa, today (23 April) said its 2013 profit fell 15 percent as it scaled back underwriting in response to persistently weak prices
  • UK personal lines Aviva today (23 April) said it had identified over £110mn ($184mn) worth of insurance fraud last year, a 19 percent increase compared with 2012.
  • WR Berkley said price increases can still be achieved in most lines of business as it reported first quarter operating profits that were up 31 percent driven by improved underwriting margins in "almost every area" of its domestic business.
  • Pine River Capital Management is pursuing a new venture with a strategic reinsurance partner believed to be Allied World Assurance Company as it attempts to establish a presence in the sector, The Insurance Insider can reveal.
  • The fierce defensive stance of Aspen's board could make it near-impossible for the Bermudian carrier to accept an offer from Endurance even if it is very financially attractive.
  • The Insurance Insider's look-up table for all of the weekly, monthly and YTD share price movements of the companies in our updated composites
  • A US court has rejected an attempt by Standard & Poor's (S&P) to divide a fraud suit brought by the government, which alleged that the rating agency knowingly issued false ratings of securities that turned toxic.