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Brokers produce strong organic growth in Q1
The major brokers produced a strong recovery in their Q1 revenues amid returning global economic growth, as firms with the greatest exposure to the fastest-growing economies performed the best.
06 May 2011
Behind the Q1 losses
First quarter catastrophe losses wiped an average 8.53 percent off investors' capital held in international reinsurers, according to The Insurance Insider's loss table.
06 May 2011
Losses unleashed in Q1 reporting season
Catastrophe losses have caused a batch of red ink results among reinsurers this quarter. But a mid-season tally compiled by The Insurance Insider shows that they have kept losses to an average 5.28 percent strike on 2010 year-end shareholder equity.
06 May 2011
Names restless as Equity 218 reveals £499mn 2010 loss
Names with exposure to dedicated Lloyd's motor underwriter Equity Syndicate 218 have begun voicing concerns as the syndicate revealed a £499mn loss for 2010 on an annual accounting basis.
06 May 2011
Swiss Re holds cat toll at $2.3bn as it books $665mn Q1 loss
Swiss Re confounded market expectations by keeping its Japan losses static as it reported a net $665mn loss for the first quarter.
06 May 2011
The end of the big buyback?
Global (re)insurers' share buyback programmes will be put on hold in wake of first quarter catastrophe losses, predicts Aon Benfield.
06 May 2011
Marketform continues to feel Italian med mal pain
Marketform Syndicate 2468 lost £81mn in 2010 as it was again forced to strengthen its reserves to cover mushrooming losses from its run-off Italian medical malpractice portfolio.
06 May 2011
All eyes on Pamplona for £313mn Chaucer bid
The Hanover's takeover bid for Chaucer could face a struggle to complete at the current recommended price after lead shareholder Pamplona voiced its opposition to the terms.
06 May 2011
Kiln matches Amlin and Hiscox with sub-90% CR
Kiln matched Lloyd's quoted aristocracy Amlin and Hiscox in posting a sub-90 percent combined ratio for 2010 as it withstood a significant uptick in cat activity.
06 May 2011
Slow pace of Omega sale talks irks suitor
Delphi Financial's due diligence ahead of formalising its offer for Omega is moving at a glacial pace, as a serious takeover approach for the Lloyd's carrier again struggles to gain traction, The Insurance Insider can reveal.
06 May 2011
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