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  • UK motor insurer Admiral reported a bigger-than-expected 6 percent increase in its half-year profit, with lower claims offsetting a drop in revenues as the company retrenched amid falling prices.
  • Shares in Zurich Insurance Group fall after chairman Josef Ackermann quits unexpectedly, saying he felt unable to continue in the role following the death of chief finance officer Pierre Wauthier on 26 August.
  • The US P&C insurance sector will continue to see moderate rate firming pushing underwriting margins into favourable territory over the next 12 to 18 months, according to rating agency Moody's.
  • An Israeli-based property developer has sued Zurich Insurance Group over $20mn worth of damage the firm suffered in Superstorm Sandy
  • The G20's Financial Stability Board (FSB) has called on US federal regulators to do more to harmonise insurance supervision across the country, in a move likely to rile state entities
  • Reinsurance stocks could become less attractive to investors as growing competition and "creative destruction" from the insurance-linked securities (ILS) market erodes traditional reinsurers' earnings, according to analysts at Goldman Sachs.
  • Charman, Jain, McGill. These three mavericks have dominated the industry headlines this year with their bravado performances. But what is driving them?
  • The impact of the latest RMS Atlantic hurricane model on (re)insurers remains uncertain
  • Charman wields the scalpel at Endurance to create a fighting fit business with big ambitions...
  • The Costa Concordia shipwreck has led influential underwriters to call for the marine reinsurance market to be overhauled following an unprecedented escalation in losses from the event