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There are 68,919 results that match your search.68,919 results
  • European insurer stocks decline on Greek fears
    Shares in the major European insurers fell today (30 January) against the backdrop of a European Union leaders' summit on the Eurozone crisis and further negative rating action by Standard & Poor's (S&P).
    30 January 2012
  • Lloyd’s mulls appetite for £100mn+ Darwin project
    Lloyd's is considering whether it has the appetite for a radical overhaul of its processes in an initiative which could cost the market at least £100mn-£150mn.
    30 January 2012
  • Hurst-Bannister joins Xchanging
    Lloyd's grandee Barnabas Hurst-Bannister will join Xchanging Ins-Sure Services (XIS) - the London market processing joint venture - as a non-executive director from March
    30 January 2012
  • Generali downgraded again by S&P
    Italian insurance giant Generali received its second Standard & Poor's (S&P) downgrade in the space of a few weeks after the rating agency reduced its financial strength and credit ratings from A+ to A
    30 January 2012
  • Lancashire predicts Thai losses up to $28mn; joins Japanese creep club
    Lloyd's insurer Lancashire has estimated it will book a catastrophe charge of $24mn-$28mn in its fourth quarter accounts on losses from the floods in Thailand.
    30 January 2012
  • AM Best rewards AIG rehabilitation with stable outlook
    The continued rehabilitation of AIG has been rewarded by AM Best with a revision of its outlook on the parent company and its Chartis and Lexington insurance operations from negative to stable.
    28 January 2012
  • Reinsurers face $2bn+ NKSJ payout for Thai floods
    Reinsurers are now facing a payout of 160bn yen, or $2.06bn to NKSJ after the Japanese insurance giant revealed that it has more than trebled its net loss forecast for the Thai floods to 101bn yen ($1.29bn).
    28 January 2012
  • NKSJ more than trebles net Thai number to $1.3bn
    Major Japanese insurance group NKSJ has more than trebled its net loss forecast for the Thai floods to 100bn yen ($1.29bn) after carrying out a more detailed loss adjusting exercise
    27 January 2012
  • More pain needed to turn the cycle, says Alterra CEO Becker
    The (re)insurance industry will have to endure more pain before the market turns even after a year of more than $100bn of insured losses, Alterra president and CEO Marty Becker has said.
    27 January 2012
  • Solvency II deadline still achievable, says European Commission
    The European Commission has denied reports that it is considering further delaying the implementation of Solvency II, and has insisted it remains committed to ensuring legislation is in place to allow the industry to stick to the 2014 deadline.
    27 January 2012
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