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Travelers: US P&C rises still gaining momentum
Travelers has dismissed suggestions of slowing rate improvements in the US P&C market by insisting that its own positive price changes continued to gather momentum quarter-on-quarter
18 October 2012
Price Forbes establishes South African business
Independent broker Price Forbes has established a new subsidiary in South Africa as it continues to invest in growing its business
18 October 2012
Declining releases and investments dent RLI
Illinois specialty insurer RLI Corp reported lower operating income in the third quarter of 2012, primarily due to falling reserve releases and lower investment income, but still beat the Wall Street consensus on its earnings
18 October 2012
JLT Re profits set to fall for 2012
Jardine Lloyd Thompson (JLT)'s reinsurance business will report weaker profits in 2012 than last year after a number of major cedants decided to retain more risk
18 October 2012
Solvency II: 2016 now likely start date
The assumption that the recent postponement of Solvency II implementation will only move the go-live date until 2015 could prove too ambitious
18 October 2012
Goldman Sachs exercises Direct Line greenshoe
Goldman Sachs has exercised its over-allotment option to buy 67.5 million additional Direct Line shares, in a fresh sign that the IPO has been well received
18 October 2012
Platinum smashes Wall Street earnings forecasts
Platinum Underwriters has kicked off the Bermuda third quarter reporting season with operating profits that smashed analysts' forecasts.
18 October 2012
Downgraded Mapfre dropped from Global Aerospace pool
UK-based aerospace insurer Global Aerospace has announced the reorganisation of its pool following the recent downgrade of 10 percent pool member Mapfre SA by Standard & Poor's (S&P).
18 October 2012
Casserley and Hearn trumpet continuity at Willis
Willis's new CEO and deputy CEO team of Dominic Casserley and Steve Hearn have talked up the virtues of continuity from the Joe Plumeri era
17 October 2012
Willis chooses McKinsey executive to replace Plumeri
Willis Group has followed its rival Aon Corp in selecting a senior McKinsey & Co executive to head the organisation after Joe Plumeri's 12-year reign ends
17 October 2012
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