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Lloyd's holds back claims deterioration in 2009
The steady deterioration of the underlying claims count at Lloyd's over the past five years abated in 2009, internal market research seen by The Insurance Insider has confirmed.
13 January 2011
Forecasters warn of stormy hurricane season for 2011
The storm forecasters got it right last year. The Atlantic winds certainly blew - it's just that the five major hurricanes that were whipped into a frenzy last year failed to make landfall.
13 January 2011
European insurers ahead in revenue world league
The continental powerhouses Axa, Generali and Allianz are the world's three largest insurers ranked by revenue
13 January 2011
Putin steps into Russia-UK clash over Pamplona
Russian media reports have suggested that Moscow is taking its complaints to the highest diplomatic level over the UK's treatment of a private equity company that had been looking to build a significant stake in Lloyd's insurer Chaucer
13 January 2011
It’s the shareholders, stupid
Omega takeover talks have again sparked predictions of an active M&A year on Lime Street. But that will only happen if the shareholders insist upon it, says The Insurance Insider
13 January 2011
£300mn Omega offers listing route for ambitious Canopius
Any deal between Lloyd's insurers Canopius and Omega would be an all-cash affair or a reverse takeover, The Insurance Insider understands
13 January 2011
Primary insurers add NZ$1bn
Loss notifications from primary insurers in quake-hit New Zealand have increased by more than NZ$1bn in recent weeks adding to the pressure on international reinsurers to update their own loss estimates, The Insurance Insider can reveal
13 January 2011
Blow to hopes of energy goldrush
The official US report on April 2010's Deepwater Horizon oil spill and explosion, published in mid-January, promises punishment for the energy sector and limited comfort for those (re)insurers poised for a hard market
13 January 2011
Cat reinsurers braced for flood of Australia losses
The one certainty from the Queensland floods is that there will be significant, complex and potentially disputed losses for international cat reinsurers
13 January 2011
R&Q makes room for Booth as CFO
Expansive non-life insurance investor Randall & Quilter (R&Q) has installed Tom Booth as an executive director alongside founders Ken Randall and Alan Quilter ahead of his promotion to CFO.
12 January 2011
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