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  • RSA's financial strength and credit ratings could be lowered again unless the UK general insurer takes steps to strengthen its capital position, according to credit analysts.
  • Lloyd's affirmed in A team; Fund managers mull Libor suits; August closure for Canopius Omega deal; Montpelier Re in property cat expansion; Ince & Co expands in China; Arch reshuffle; PwC on global regulation convergence; Shortcomings in insurer bankruptcy rules; Lancashire in school holiday charity push
  • Shares in troubled UK general insurer RSA slipped below the £1 mark yesterday (11 December), taking the drop in the company's market value since its shock profit warnings in early November to nearly 25 percent.
  • (Re)insurers in North America and Europe are bracing themselves for a spike in claims due to extreme weather either side of the New Year, with Canada and the north-eastern US struck by heavy snow and near-record low temperatures, while north-western Europe grappled with severe wind, rain and flooding.
  • The European Union is today (13 November) mounting its most concerted attempt so far to reach a deal on the long-delayed Solvency II capital regime, with officials embarking on a marathon six-hour meeting in Brussels to try to thrash out a final compromise
  • Stormy 2013?; ILS softening; Reinsurance fight-back; Fac again; Mississippi churning; 2025 vision; Unrated capacity; Fry up; PwC appoints; Benmosche bonus; New Jersey collateral; HSBC divests; Dubai opening; Yield seeking; Inflection point; Rising sun; ICAT doubles; Turkish bond
  • D&O coverage is in the spotlight once more as Facebook loses friends over its troubled IPO; but should its insurers really worry about ensuing lawsuits?
  • Simon Lee, chief executive of troubled UK general insurer RSA, has stepped down after the company warned for the third time in six weeks that its profits would fall short of forecasts.
  • Shares in UK commercial insurer RSA plummeted in early trading today (11 November) after the company issued its second profit warning in four days late on Friday.
  • The dominant post-Katrina strategy of diversification has to be jettisoned if reinsurers want to leave behind the discounted trading multiples that have been dogging the industry for years, PricewaterhouseCoopers has said.