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  • Despite both booking a 6 percent rise in total revenues for the second quarter, Aon was able to trump rival Willis on its reinsurance operations.
  • UK insurer Brit Insurance Holdings has established an underwriting presence in Northern Ireland that will focus on fleet motor and property & combined package lines.
  • Fitch has lowered its outlook for the German non-life and life insurance to negative from stable reflecting the ratings agency view that there will be more downgrades than upgrades in the next 12 to 18 months in the sector.
  • UK (re)insurers have just one week left to ensure they have taken adequate steps to comply with the anti-corruption laws due to come into force on 1 July.
  • The London reinsurance market is gearing itself up for a potential legal battle over claims relating to the US energy giant Sempra, The Insurance Insider understands.
  • Swiss Re’s share price plunged 10 percent today (20 February), compound a fall of 5 percent yesterday, as analysts digested an afternoon conference call with the troubled reinsurance giant’s board of directors, and took no comfort from what they heard.
  • Bermudian (re)insurer Endurance Specialty Holdings reported a net loss of $87.4mn for the first quarter as reserve releases fell to provide less of a buffer against the fierce tide of cat losses
  • The specialty insurance group Markel Corporation unveiled its 2006 results last week which saw the group’s combined ratio fall to a mere 87 percent while investment earnings leapt to an impressive $160mn.
  • A panel of UK lawmakers will delay publishing a list of insurers and other firms that used rogue private investigators (PIs) to illegally gather information about customers until next month at the earliest, it said on Thursday (12 September)
  • Everest Re has prompted fears of more hurricane pain for reinsurers after revealing further deterioration in losses from last autumn's storms in its first quarter results published last Monday (24 April).