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Lancashire re-domicile opens door for followers
London market (re)insurer Lancashire has become the first in the sector to test the UK government's commitment to reducing the tax burden on controlled foreign companies, potentially opening the door for its peers to follow suit.
04 August 2011
Bermuda performance muddied by cats
With the majority of half-year financials now reported by what are generally viewed (current domicile notwithstanding) as Bermudian (re)insurers, a messy picture has emerged
04 August 2011
Willis results dip on restructuring costs
Quarterly profit dipped 4.5 percent at Willis as the broker took an $18mn charge related to operational cutbacks and paid an $11mn fine to UK regulator the Financial Services Authority in an anti-bribery settlement.
04 August 2011
US insurer losses from Q2 cats over $9bn
Second quarter cat losses reported by US insurers have surged to more than $9bn, according to analysis by The Insurance Insider
04 August 2011
Names resist Munich Re buyout overtures
The Lloyd's Names on Munich Re-backed Syndicate 318 have resoundingly rejected the reinsurer's offer to buy up 100 percent of capacity for the 2012 year of account.
04 August 2011
Amlin’s glitter fades as investors digest profit shock
The Insurance Insider looks at the ramifications of the Lloyd's insurer's profit warning
04 August 2011
Pigs might fly…
Greece is of little consequence to the balance sheets of the (re)insurance industry. An Italian default, on the other hand, would be devastating
04 August 2011
Lloyd’s 2012 capacity could approach £25bn
Early pre-emptions suggest the market may grow to a record size in 2012 at a time when property cat rates are hardening...
04 August 2011
Airline sector: stable for how much longer?
The airline insurance sector could finally turn into profit this year as rates remain broadly stable and cat losses have been few and far between up to the middle of 2011.
04 August 2011
Munich Re defies instincts in US broker entente
Munich Re has put brokers at the heart of its US growth strategy, announcing last month that the "growth and maintenance of broker relationships" will be "critical to success" in growing its North American business.
04 August 2011
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