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Cat losses dip in H1 2013: Swiss Re
Insurers absorbed $20bn in claims from natural and man-made catastrophes in the first half of 2013, down from $21bn in the same period of 2012 and below the average for the last 10 years, according to Swiss Re
21 August 2013
Hannover Re and Cinven team up to buy Heidelberger
Hannover Re and buyout firm Cinven have agreed to pay £250mn ($390mn) in cash for Heidelberger Leben, the German life insurance arm of bailed-out UK lender Lloyds Banking Group
21 August 2013
Suncorp profit hit by banking loss
Australian bancassurer Suncorp said its half-year profit fell by a third, held back by loss-making disposals aimed at turning around its banking operation.
21 August 2013
National General Holdings applies for Nasdaq listing
National General Holdings Corporation (NGHC) has outlined plans to obtain a public listing for its shares on the Nasdaq in a filing with the Securities and Exchange Commission (SEC).
21 August 2013
Lender-placed insurance woes drag back QBE North America
QBE's previously fast-growing North American business shrunk in the first half of 2013 and reported deteriorating underwriting performance.
21 August 2013
Willis 360 a credit negative for Lloyd’s carriers: Moody’s
Willis' controversial London-wide facility, Willis 360 Global, is a credit negative for Lloyd's market participants because the incremental capacity flowing from the arrangement will negatively impact premium rates, said Moody's.
20 August 2013
Hannover Re confirms interest in Heidelberger stake
Hannover Re has confirmed it is interested in buying a minority stake in German life insurer Heidelberger Leben from Lloyds Banking Group for a figure less than EUR100mn
20 August 2013
QBE profit hit by prior year claims
QBE, Australia's biggest insurer, reported a steeper-than-expected 37 percent slump in its half-year profit, reflecting a jump in prior year claims and a deteriorating investment performance.
20 August 2013
Plumeri joins KKR as senior advisor
Just weeks after leaving Willis Joe Plumeri has reemerged at the broker's one-time owner Kohlberg Kravis Roberts & Co (KKR) as a senior advisor.
20 August 2013
Big names opt out of Towers sale process
Aon Benfield and Jardine Lloyd Thompson (JLT) have passed on the chance to participate in the formal sale process for the world's fourth-biggest reinsurance broker Towers Watson, The Insurance Insider understands.
20 August 2013
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