September 2006/1

In contrast to many of its Lloyd's competitors, the Bermuda-headquartered Catlin Group received a currency boost from the weak dollar which contributed to record net income of $147.3mn for the first half of 2006.

In a strategic volte-face, Jardine Lloyd Thompson Group plc (JLT) has sold its US property casualty and employee benefits operations to Alliant Insurance Services Inc for $100mn (£53.3mn) little more than three years after deciding to build a US retail pl

It was a tale of two markets for reinsurance specialist Benfield Group with disappointing news on its new corporate risks division being more than matched by impressive earnings growth in its US division on the back of the capacity crunch for catastrophe

"Class of 2005"reinsurer Flagstone Reinsurance Holdings announced today (7 September) that it has entered the aviation reinsurance market.

Brit Insurance Holdings plc became the latest London market insurer to report a drop in profits due to the weak US dollar, as it revealed today (5 September) its interim results.

Analysts gave a mute assessment of SCOR's interim results despite a 42 percent rise in net profits at the French (re)insurer, sending the share price of the company down 6 percent.

Canadian combine Fairfax Financial Holdings said the restatement of its results led to a reduction in shareholders' equity by $235.3mn as at 31 March. But as a consequence, net earnings for the first-half and second quarter of 2006 were...

UK motor insurer Highway Insurance Holdings Plc announced the return of Andrew Gibson as its chief executive on 29 August.

Two months after Jardine Lloyd Thompson's (JLT) proposed takeover of rival Heath Lambert fell through, analysts have turned their attention to the quoted UK broker's prospects as an independent entity.

Willis Corp revealed last week that US regulators have also eased its restrictions on charging contingent commissions, or Placement Service Agreements, when the broker is acting as agent of the (re)insurance seller...

Despite acknowledging the intrinsic value of Marsh & McLennan Inc and the fact that its shares are undervalued, investors lack faith in the company's management, according to investment bank Morgan Stanley.

Rating agency AM Best has removed European giant Hannover Re from review with negative implications and affirmed its financial strength rating of A (Excellent).