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Aon Benfield lags rivals on organic growth
The three biggest global reinsurance brokers reported contrasting fortunes at Q2, as Guy Carpenter and Willis Re outstripped their larger rival Aon Benfield on growth.
08 August 2011
Bermuda displays divergence in cat appetite after heavy losses
A clear bifurcation took place among Bermudian (re)insurers in the second quarter between those that were willing and able to expand their reinsurance writings to take advantage of hardening property catastrophe rates and those that weren't.
08 August 2011
Upbeat Hannover recovers EUR579mn from retro in H1
Hannover Re restricted the decline in half-year net income as it recovered EUR579mn of its EUR1.2bn major loss bill from retro markets in H1 2011.
08 August 2011
Chartis profits boost AIG
Chartis returned to an operating profit in the second quarter despite reporting $539mn of catastrophe losses in the period.
08 August 2011
Japan CBI claims no closer to resolution
Companies that notified (re)insurers of potential contingent business interruption (CBI) claims following the 11 March Japan earthquake and tsunami appear to be struggling to get claims to stick.
08 August 2011
Evidence grows of correction in US P&C pricing
There is growing evidence of movement towards a pricing turn in the US P&C insurance market. According to the latest data from broker and underwriter MarketScout
08 August 2011
Small aviation losses take toll: JLT
Aviation underwriters may need to pay more attention to smaller attritional losses as they face fewer high-value losses, broker Jardine Lloyd Thompson (JLT) said in its June/July aviation market update.
08 August 2011
Legacy big guns hunting for Eagle Star
Some of the biggest names in the run-off business are in talks with Zurich Financial Services about taking on its Eagle Star asbestos, pollution and health legacy book, The Insurance Insider can reveal.
08 August 2011
Lloyd’s denies pushing Names to convert
Lloyd's of London has denied tacitly pushing its stalwart unlimited liability Names to convert into limited partnerships or companies.
08 August 2011
Amlin finally halts share price fall
The precipitous fall in Amlin's share price over the last week has come to a halt with some evidence of a modest recovery.
08 August 2011
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