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  • Following the close of the benign 2006 North Atlantic hurricane season at the end of November, Bermudian reinsurers are anticipating reaping record profits, according to the latest Benfield Bermuda Quarterly (BBQ) report.
  • UK-listed broker Jardine Lloyd Thompson Group (JLT) reiterated its view that there is "no significant consistent evidence"of hardening insurance rates across the market overall.
  • Shares in UK broker Jardine Lloyd Thompson Group plc (JLT) have leapt almost ten percent this morning in the light of its expected acquisition of rival Heath Lambert Group plc.
  • Uncertainty over the future of the federal backstop for insurance cover against acts of terror grew in Washington last week as US Treasury Secretary John Snow stated that the Terrorism Risk Insurance Act (TRIA) should not be renewed in its current form.
  • Takaful insurance is the key to increasing insurance awareness in the Gulf Cooperation Council (GCC), capitalising on the positive economic dynamics of the region, according to a report published by Standard & Poor's (S&P).
  • Leading Lloyd's IT provider Room Solutions is looking for a buyer, Insider Week can reveal.
  • A powerful tornado has cut a swathe of destruction through Oklahoma City, killing at least 91 people and reviving memories of the outbreaks in April and May 2011 that cost insurers $14bn
  • HCC Insurance Holdings shrugged off significantly higher catastrophe losses as it generated net earnings of $88.2mn, or $0.87 a share, for the second quarter
  • Lloyd's chief executive Nick Prettejohn is to end his 10-year association with Lime Street and join the UK insurer Prudential plc at the beginning of next year. Prettejohn, aged 45, will replace Mark Wood as the chief executive of Prudential's UK...
  • A facultative reinsurance team from London Market broker SBJ Group Ltd may follow the heads of the GCFac team that defected to rival Integro Ltd, according to legal documents obtained by The Insurance Insider.