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AIG goes All Black for new sponsorship
AIG has announced that it will sponsor the New Zealand Rugby Union (NZRU) for a five-and-a-half-year term, in the insurer's first major sponsorship deal since its Manchester United association ended in 2010
12 October 2012
PartnerRe pre-announces $63mn crop losses
PartnerRe expects to take a net post-tax charge of $63mn in its third quarter results to cover drought claims within its North American agriculture portfolio, the company announced
12 October 2012
Turner praises Lloyd’s while slaying banking sector
Lord Adair Turner has given high praise to Lloyd's and the London insurance market for playing no part in the financial crisis while lambasting the banking sector for having been a "failed system" that wreaked havoc on the UK and global economy.
12 October 2012
Thin volumes in final Lloyd’s capacity auction
The third - and final - major Lloyd's syndicate capacity auction was something of a damp squib with thin trading volumes, other than for the former Omega Syndicate 958.
11 October 2012
Direct Line shares up 7.5% on debut
Direct Line shares were up 7.5 percent in conditional trading today after the insurer's IPO was priced at 175p per share, just below the midpoint of the previously specified range.
11 October 2012
Lexington still bullish on E&S pricing
Excess and surplus lines powerhouse Lexington is continuing to see strong double digit rate raises across its book of business, dampening fears that the market firming seen in many US P&C lines was in danger of fizzling out.
11 October 2012
Analyst cuts 2013 forecasts for Lloyd’s carriers on US pricing concerns
Uncertainty over the sustainability of US P&C price improvements is already feeding through to the investor community.
11 October 2012
US property flat to down 10 percent in 2013: Willis
North American non-cat property insurance risks are expected to price down 5-10 percent in 2013, with property cat renewals flat, according to Willis.
11 October 2012
Howden brings Windsor under its brand
Just three months after Hyperion subsidiary Howden closed its acquisition of independent broker Windsor, the two businesses have been completed integrated.
10 October 2012
Trading Risk Monte Carlo Roundtable 2012
If there was one common talking point at the 2012 Monte Carlo Rendez-Vous, it was possibly how little there was to talk about - unless you were in convergence
10 October 2012
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