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Berkshire Hathaway dividend prospects spark debate
Financial magazine Barron's has focused attention on giant conglomerate Berkshire Hathaway by speculating that the company might break its 45-year run of withholding dividends.
24 January 2011
Catlin buys US admitted shell from QBE
London-listed (re)insurer Catlin Group has continued to build-out its US platform with the acquisition of a Wisconsin-domiciled admitted lines shell company from QBE for an undisclosed sum.
24 January 2011
RSA shares defies bad weather profits warning
RSA shares shrugged off a profits warning last week despite the group admitting that its 2010 combined ratio targets will no longer be met.
24 January 2011
Marine and aviation (re)insurers spared by Iran sanctions regime
Marine and aviation (re)insurers are unlikely to face significant disruption from the European Union's sanctions against the Iranian regime, according to a Lloyd's market circular.
24 January 2011
Ward warns of Lloyd’s profitability concerns in 2011
Lloyd's is concerned that the market will struggle to maintain profitability in 2011 as it wrestles the twin challenge of falling rates and diminishing investment yields, according to CEO Richard Ward.
24 January 2011
Everest Re parts company with UK branch chief
Bermudian reinsurer Everest Re has parted company with Tom Jackson, the general manager and chief underwriting officer (CUO) of its London branch office, The Insurance Insider can reveal.
24 January 2011
Multi-year Crossrail programme led by Swiss Re and ZFS
UK retail broker Heath Lambert has caught the market's attention with an unusual nine-year insurance placement deal for the £15.9bn London infrastructure project Crossrail.
24 January 2011
Lloyd’s set to cut back aviation business in 2011
Aviation premium written in Lloyd's looks set to decline in 2011 as the aerospace market responds to a series of loss-making years, The Insurance Insider revealed last week.
24 January 2011
Airline insurance sector makes a loss once again
Airline insurers fell to a loss in 2010 as claims again broke through the $2bn barrier.
24 January 2011
Post Katrina cat models not ‘credible’
Near-term hurricane models used by AIR Worldwide (AIR), EQECAT and Risk Management Solutions (RMS) to project insured losses from the Atlantic hurricanes are inaccurate, according to cat modelling consultancy Karen Clark & Co.
24 January 2011
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