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Allied World outperforms on earnings and grows top line
Allied World Assurance Company became the latest (re)insurer to strongly outperform Wall Street earnings forecasts in a quarter that also saw significant top-line growth.
03 May 2012
Jewett departure overshadows solid Q1 for Endurance
Endurance Specialty Holdings president Bill Jewett has stepped down from the post in a sudden move that represents the second high profile departure from a Bermudian (re)insurer this week.
03 May 2012
Allstate keeps reinsurance spend down but terms tighten
Allstate Corp confirmed it has successfully added a $475mn top layer to its 2012 nationwide excess of loss cat programme while keeping its overall reinsurance spend to a modest 2 percent increase on last year.
03 May 2012
Concordia costs wash up on the Q1 tide
The early reporters of the Q1 results season have begun to shine further light on the impact of the $1bn+ potential Costa Concordia loss on the international P&C market as well as on marine pricing.
02 May 2012
News digest
GHC deal to take RK Harrison revenues past £100mn; Torus founder leaves First Reserve; Axis all change; Stone Point buys Enstar stake; Claims outsourcing needs close watch; Aviation lands profit…
02 May 2012
Guy Carp veteran Hewett returns to the market
Mark Hewett, who ended his three-decade long career at Guy Carpenter back in 2010, has taken up a role at corporate advisory business Canaccord Genuity Hawkpoint.
02 May 2012
Cyber stays soft despite rising demand and exposure
The rapidly evolving market for cyber risk and data privacy insurance continues to soften despite the traditional pricing tailwinds of increased buyer demand and mounting exposure and claims experience for carriers.
02 May 2012
Tawa asset sale includes Oslo Re tax assets
The sale of some of Tawa's legacy assets - scheduled to begin in early May - includes the tax assets it acquired through the purchase of Oslo Reinsurance last year, The Insurance Insider can reveal
02 May 2012
E&S sector set to grow in hardening admitted market
Non-standard business poached from E&S specialists during the soft market is poised to find its way back into the disciplined market… Will E&S insurers continue to outperform?
02 May 2012
Eagle Star bidding war predicted
The hotly anticipated run-off asset disposal finally looks set to hit the London market, as Zurich Financial Services prepares to seek bids for Eagle Star
02 May 2012
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