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Fairfax shares up as profits surge
Shares in Fairfax Financial Holdings traded up 5 percent Friday (31 July) after the Canadian combine unveiled a net profit of $275.4mn for the second quarter.
03 August 2009
Gallagher's energy expansion continues with Calgary launch
Gallagher's Global Energy initiative took another decisive step last week with news that the firm has opened a Calgary office, The Insurance Insider can reveal.
03 August 2009
Hartford shares up as VA fears begin to ease
Recovering stock markets through the second quarter helped ease the woes of troubled US insurance giant the Hartford Financial Group, as it posted an operating profit that sent its share price up.
03 August 2009
Bermudians criticise Neal Bill after unveiling
The Coalition for Competitive Insurances Rates (CCIR), which includes the Association of Bermuda Insurers and Reinsurers (ABIR) as a member, has blasted the proposed Neal Bill introduced in the US House of Representatives on 30 July.
03 August 2009
Analysts upbeat despite fall in Scor’s H1 income
French reinsurer Scor's net income for the first six months of the year dropped by 24 percent from H1 2008 to EUR184mn, as investment income more than halved...
03 August 2009
FSA still to approve Chaucer's Russian-backed investor
Pamplona Capital Management, the Russian-backed private equity firm, is still waiting for clearance from the Financial Services Authority (FSA) to build a pivotal stake in the listed Lloyd's insurer Chaucer Insurance Holdings.
03 August 2009
JLT impresses analysts with organic growth
Jardine Lloyd Thompson (JLT) impressed analysts with strong half-year figures, posting a 16 percent increase in turnover to £309.7mn.
03 August 2009
RIMS: US insurance rates still under pressure
US insurance premiums are still under pressure as demand falls in the ongoing economic difficulties, according to the latest authoritative survey by the Risk and Insurance Management Society (RIMS).
03 August 2009
People moves
Cracknell appointed head of Aon Marine in UK; JLT Aerospace recruits Willis aviation chair as partner; Evolution adds to board, relocates...
03 August 2009
White Mountains restructures to shore up balance sheet
White Mountains Insurance Group is restructuring its reinsurance business by converting its Bermudian reinsurance arm into a branch of White Mountains Re Sirius.
31 July 2009
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