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Berkshire says appetite for cat risk returning
Following the strong recovery in the investment portfolio of its parent, Berkshire Hathaway Reinsurance Group says it has regained some of the catastrophe appetite it trimmed in Q1.
11 August 2009
Lloyd's plans for capital offensive after major event
Lloyd's has laid out the framework it says will enable its members to react speedily to underwriting opportunities in the aftermath of major market changing events.
11 August 2009
Securities class actions surge again
July saw a marked increase in US securities suits filings, suggesting that the sharp drop in activity in the second quarter may have been merely a temporary reprieve for D&O/E&O insurers.
11 August 2009
Berkshire appetite for cat risk returns – but not at current rates
Following the strong recovery in the investment portfolio of its parent, Berkshire Hathaway Reinsurance Group has regained some of the catastrophe appetite it trimmed in the first quarter of the year, but not at current prices.
10 August 2009
Aon urges FSA to act over UK regulatory arbitrage fears
Aon's UK arm is lobbying the Financial Services Authority (FSA) to clarify its stance over the transacting of overseas business, amid concerns that a two-tier regulatory system may be developing.
07 August 2009
AIG ends long wait for profit, but general insurance business shrinks
American International Group (AIG) returned to the black as it booked its first quarterly profit since Q3 2007, largely driven by a significant drop in net realised losses.
07 August 2009
Greenberg close to $15mn SEC settlement
Former American International Group (AIG) CEO Maurice "Hank" Greenberg will pay $15mn to settle past accounting issues relating to the company, reports suggest.
06 August 2009
Hannover Re top and bottom line surges
Hannover Re unveiled an ostensibly strong set of half-year results, with net profits up 66.1 percent to EUR419mn.
06 August 2009
ZFS ends search for group CEO
Global insurer Zurich Financial Services Group (ZFS) has completed its search to replace its highly regarded chief executive James Schiro.
06 August 2009
RSA's H1 profit falls, but above expectations
UK insurer RSA saw its first half net profit decline 24 percent to £223mn, but the figure was nevertheless in line with analysts' expectations under the current economic conditions.
06 August 2009
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