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Travelers tops up reinsurance after record Q2 for US cats
US insurer buys more cover after heavy 2010 cat losses
04 August 2010
Greenberg snubs Spitzer talk show offer
Industry titan rejects the disgraced former New York attorney general's opportunistic rapprochement
04 August 2010
Brit dispute doesn’t deter Apollo
An intriguing twist to Apollo's £880mn approach for UK insurer Brit Insurance is that only months ago the two firms were in dispute over an unpaid claim...
04 August 2010
London independents put on brave face despite Aon wholesale move
The Insurance Insider gauges the response of London's independent wholesalers following Aon's decision not to use third-parties to access wholesale markets
04 August 2010
HCC replaces the Germans as lead on England FA programme
Munich Re's Watkins steps aside on prestigious sports injury programme. The Insurance Insider has all the details...
04 August 2010
Two reasons why it could be worse...
T&Cs are getting progressively weaker but we haven't hit rock bottom because three-year multi-deals have yet to reappear. If this is one sign of a soft market trough, what's the other?
04 August 2010
US cat losses mount to $4.4bn in Q2
Onshore US cat losses mounted to $4.4bn in Q2, according to figures from Property Claim Services, with the figure now above the long-term average of $3.6bn for the fourth year out of the last five.
04 August 2010
Back years continue to rescue combined ratios
The "cheating" phase is in full steam as (re)insurers rely on reserve releases to mask accident year underwriting losses
04 August 2010
Arbitrageurs confident Brit Apollo is a done deal
Secretive arbitrage funds have bought significant tranches of Brit stock in the past few days, gambling that Apollo's £880mn indicative offer will succeed
04 August 2010
Axa H1 profit drops 28% after UK life sale; confirms executive reshuffle
French insurance giant Axa saw net income for the first half of the year drop 28 percent to EUR944mn after sustaining a EUR1.48bn loss related to the sale of part of its UK life operations earlier in the year.
04 August 2010
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