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  • Lloyd’s insurer Atrium reported a fall in pre-tax profits on 27 September with foreign exchange fluctuations blamed for the drop to £7.9mn for the first half of 2006, against £13.7mn in the prior-year period. In a story that has been repeated by many...
  • Allegations of fraud might get brokers off the hook, but their earnings could be affected If it wasn't for the grasping compensation culture, then it's quite conceivable that the Independent empire could have tottered onwards until - presumably - “Bri
  • Court of Appeal defeat leaves fraud as insurers only defence option as they seek to void film finance losses A landmark Court of Appeal decision has stymied insurers' early successes in voiding film losses that threatens to cost the industry over $2bn
  • US insurance broker AJ Gallagher said last week that it will take a $5mn-$10mn fourth quarter charge following a $36.9mn deal to settle a class-action lawsuit over contingent commissions.
  • UK (re)insurer Brit Insurance Holdings plc has invested in Norton Re II, a $118.2mn Bermuda-based sidecar-style vehicle launched to replace the original $107.7mn Norton Re which expires this year.
  • Contract certainty has finally become a "hot" industry subject. Indeed, while market practitioners have long-criticised the industry's inability to consistently issue policy wordings on time, more recently regulators on both sides of the Atlantic have bec
  • The European Insurance and Occupational Pensions Authority (Eiopa) almost doubled its expenses from 2010 to 2011 as Solvency II preparations gathered pace, according to the EU insurance watchdog's latest annual report.
  • RMS Version 11 (v11) overstates the impact of windstorm risk on (re)insurers writing business in the UK and does not adequately reflect the nuances of carriers' unique portfolios, big three broker Willis Re has said.
  • Shares in Swiss Re fell today after the reinsurer failed to meet analysts’ forecasts in its 2003 life and health results.
  • The Markel Corporation has brushed aside 2004’s long list of natural catastrophes by reporting record profits for the year.