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  • The spectre of Spitzer was the ghost at the table of the panel discussion on distribution trends at this year's Xchanging London Market Conference, with predictions that regulatory authorities will eventually look at the issue of so-called "carrier charges".
  • The total insured loss from the floods in Thailand could be in the region of $10bn, Guy Carpenter CEO Alex Moczarski said this morning (9 November)
  • Hiscox CEO Bronek Masojada has slammed the London Market Claims Transformation Project for potentially destroying one of Lloyd's key competitive advantages
  • Over 300 delegates at The Insurance Insider's Xchanging London Market Conference today heard warnings that the London insurance market should be alive to Singapore's continuing rise as a major wholesale (re)insurance hub.
  • Reinsurance opportunities are "practically everywhere" despite the immensely challenging current market conditions, Guy Carpenter president and CEO Alex Moczarski said this morning at the Xchanging London Market conference hosted by The Insurance Insider
  • UK motor insurer Admiral's shares have fallen 28 percent this morning after the firm admitted it was experiencing the bodily injury claims inflation that has previously bedevilled the loss ratios of its competitors.
  • Hannover Re has shrugged off capital market volatility and a weak investment environment to post strong net income of EUR163.2mn for the third quarter and beat analysts' consensus expectations
  • Hurricane Irene and other third quarter cats were compounded by charges to boost reserves at Tower Group, sending the US insurer to a $16.4mn third quarter loss.
  • Top-10 Lloyd's broker RK Harrison has extended the string of hires that began with its capture of Aon Benfield fac supremo Elliot Richardson by expanding its transportation and accident and health (A&H) teams.
  • After reporting heavy losses for the last 18 months, Omega has warned that the non-aligned Lloyd's syndicate that it writes the vast majority of its business through is likely to incur a loss for the 2011 year of account