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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
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
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
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
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
S&P bullish on European (re)insurers
Non-life earnings for the biggest of the European (re)insurers will grow by 8 percent in 2011, according to ratings agency Standard & Poor's (S&P).
24 January 2011
Executive liability market shrugs off subprime and Ponzi schemes
The global executive liability (re)insurance community continues to see remarkably little impact from the sub-prime crisis and the major financial institution fraud-related losses such as Madoff and Stanford, an Insurance Insider survey has recently shown.
24 January 2011
M&A-related actions drive securities lawsuits to new high in 2010
Securities lawsuit filings hit a new record in 2010, despite a significant drop-off in the number of new suits related to the credit crisis.
24 January 2011
Global political risk threats on the rise in 2011
Sovereign non-payment remains a continuing threat to international business in 2011, according to political risk research carried out by global broker Aon.
24 January 2011
NZ losses of Hiscox, Beazley and Brit may hit $110mn
Lloyd's (re)insurers Hiscox, Beazley and Brit can expect a combined $110mn hit from the New Zealand earthquake, Keefe Bruyette & Woods analyst Christopher Hitchings has estimated.
24 January 2011
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