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  • Despite continuing strong results in the US property casualty (p/c) sector, recent pronouncements from insurance stock analysts offer a rather mixed message on investment prospects for the next few years.
  • Lloyd's insurer Atrium Underwriting plc announced pre-tax profits of £10mn for last year, 68 percent down on 2004's record return of £31.6mn. The company suffered from £26mn in net losses from last year's hurricanes, which also added 22 points to its..
  • Global insurance broker Marsh has announced the appointment of Bill Pieroni as chief operating officer, effective 19 September.
  • Ratings agency Moody's Investors Service has affirmed the A3 insurance financial strength (IFS) ratings of Flagstone Reinsurance Ltd and its Flagstone Reassurance Suisse SA following the firm’s move to centralise its operating platform in Switzerland.
  • Specialist investment banking group Numis Securities has been removed from the Register of Sponsors of Lloyd's Capacity offers for two years following proceedings bought against it by the Society.
  • The Audit-Committee Report AIG is arguably the greatest insurance organization in the world. As such, it deserves more scrutiny than other companies. In its reports for the years ending 2001 and 2000, AIG's audit committee disclaimed virtually all r
  • Only four out of 19 US reinsurers escaped an underwriting loss in the first nine months of 2011, as combined ratios were battered in a period dominated by the frequency and severity of catastrophe losses
  • Fitch Ratings has put a negative outlook on Bermudian reinsurer Platinum Underwriters due to volatility in its recent underwriting performance
  • The management of medium sized insurance broker SBJ Group Ltd has ended the group’s five years of independence by selling a majority stake in the company to the private equity firm Capital Z.
  • The fronting insurer of Spanish football club Atletico Madrid failed in its attempts to overturn a decision in the UK Courts which allowed London market contingency underwriters to void coverage relating to the side’s relegation in 2000.