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Improving Swiss Re capital position points to Berkshire redemption
Improving capital and surplus at Swiss Re met with a favourable response from analysts, as it looks more likely to repay the capital injection made by Berkshire Hathaway earlier this year from its own resources.
11 August 2009
Beazley hires Tolle
Expansive Lloyd's insurer Beazley Group has hired Aon Benfield's Christian Tolle to lead its reinsurance buying arm.
11 August 2009
Cat reinsurers benefit from seismic shift in quake models
Modelling agencies Risk Management Solutions (RMS) and AIR Worldwide have released the latest versions of their California earthquake models.
11 August 2009
Antares to flee the Chaucer nest with own Lloyd's agency
Private equity-backed Antares Syndicate 1274 is set to strike out on its own by forming a Lloyd's managing agency for 2010, after spending the first two years of its life as a Chaucer Holdings turnkey operation.
11 August 2009
Swiss Re to close raft of US offices
San Francisco and Dallas amongst those targeted as company moves to three core US underwriting hubs.
11 August 2009
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
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