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  • Long-time Fairfax bears, analysts John Gwynn and Matthew Cantrell of Morgan Keegan, have again mauled the company in their latest research notes. In two recent notes the analysts raise a number of points that will make uncomfortable reading for the...
  • US (re)insurer Liberty Mutual Group will continue searching for takeover targets despite its $2.7bn acquisition of Ohio Casualty Corp, according to its president and CEO, Edmund Kelly.
  • Onshore US cat losses mounted to $4.4bn in Q2, according to figures from Property Claim Services, with the figure now above the long-term average of $3.6bn for the fourth year out of the last five.
  • Japan’s improving economy has sparked an upgrade in the financial strength and debt ratings of Tokio Marine & Nichido Fire Insurance Co Ltd from AA- to AA.
  • Standard & Poor's (S&P) has improved the outlook on Montpelier Re Holdings Ltd (MRH) and its core operating subsidiary Montpelier Reinsurance Ltd (MRE) from negative to stable citing "meaningful" improvements in enterprise risk management (ERM).
  • New impetus needed as Willis fails to match competitors’ growth The world’s third largest insurance broker Willis Group is preparing a summer shake-up that may result in a strategic tie-up with a US financial services group. As part of the move, they p
  • Beazley is understood to lead the property programme for Pike River Coal, the operator of the New Zealand mine that exploded and killed 29 men, sister publication Inside FAC has revealed.
  • Germany’s federal cartel office revealed last Monday (7 June) that it had written to a further 11 German insurers last month accusing them of price fixing in the wake of the 9/11 terror attacks.
  • Marsh & McClennan (MMC) and its subsidiary Putnam is facing at least 16 lawsuits over allegations of improper fund trading, it has emerged.
  • The positive first quarter for Bermudian (re)insurers continued when RenaissanceRe posted a record net operating income of $195.7mn, or $2.73 per share, up from $54.5mn, or $0.76 per share last year.