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Australian wildfires losses reach $132mn
Australian insurers look set to absorb A$138mn of losses from wildfires that have ravaged New South Wales this week, with a total of 1,011 claims filed so far, the Insurance Council of Australia (ICA) said today (25 October).
25 October 2013
Senior Aon Asia exec leaves broker
The head of Aon Market Services for Asia has left the company, Insider Week has learnt.
17 March 2008
S&P upgrades Munich Re to AA-
Munich Re regained its targeted AA- rating from Standard & Poor’s (S&P) last month with the rating agency upgrading the German giant from A+ and assigning a stable outlook on 22 December.
02 January 2007
Mapfre unshaken by Chile
Hispanic (re)insurer Mapfre has posted a modest EUR80.8mn loss from the Chilean earthquake, despite its position as the fourth-largest general insurer in the country.
30 April 2010
Analysts downbeat on SCOR despite rising profits
Analysts gave a mute assessment of SCOR's interim results despite a 42 percent rise in net profits at the French (re)insurer, sending the share price of the company down 6 percent.
04 September 2006
Davis Advisors rejects ‘insider’ status on TransAllied deal
Pivotal Transatlantic shareholder Davis Selected Advisors has turned down the opportunity to become an "insider" on the TransAllied deal, The Insurance Insider understands.
25 July 2011
Amlin premiums down
Lloyd’s insurer Amlin plc has seen its premium income drop 7 percent so far this year reflecting the softer market conditions.
14 January 2008
Insurance venture capitalist lists on AIM
BP Marsh & Partners plc, the London-based investor in specialist insurance and other financial services related companies, has listed on the Stock Exchange’s Alternative Investment Market this morning (2 February).
02 February 2006
NFIP flood reform clears hurdle
A controversial proposal to reform the US National Flood Insurance Program (NFIP) by adding wind coverage has been given the green light in the House of Representatives.
10 May 2010
Pat Ryan wins legal tussle in CRC defections saga
California's reputation as an employee-friendly jurisdiction was affirmed last week when R-T Specialty president and CEO Tim Turner won a ruling from a Los Angeles court that invalidates non-competition clauses in his contract with previous employer CRC, The Insurance Insider can reveal.
18 July 2011
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