Reinsurer
AXA UK earnings up 2% at H1 2009 to £186million
In the UK & Ireland, underlying earnings increased by 2% from £183 million in H1 2008 to £186 million in H1 2009 – the...
Swiss Re enters agreement with regional government of Beijing
Swiss Re announced that it has entered into an agreement with the Beijing Municipal Government to provide reinsurance coverage for catastrophe risks under Beijing’s...
Swiss Re has reported a net loss of SFr381m ($359m)
Swiss Re reports improvement in excess capital at the AA level to CHF 4.5 billion - Net loss of CHF 381 million for the...
Flagstone Re reports a second quarter 2009 in rise
Flagstone Reinsurance Holdings Limited today announced second quarter 2009 basic book value per share of $12.87 and diluted...
AIG to report second quarter 2009 results on August 7, 2009
American International Group, Inc. (AIG) will report its second quarter 2009 results before the market opens on Friday, August 7, 2009. AIG’s Quarterly Report...
Munich Re posts €1.1bn profit for first half-year 2009
In the second quarter of 2009, Munich Re recorded a profit of €703m, once more demonstrating its earnings strength. The result surpassed last year’s...
Inter-Hannover to be the exclusive title insurance provider for London and European
London and European today announces Hannover Re subsidiary Inter Hannover as its exclusive provider of title insurance in a deal that will enable London...
Swiss Re transfers USD 200 million hurricane risk for two North Carolina associations
Swiss Re announces the successful closing of a USD 200 million insurance-linked securities offering of hurricane risk in North Carolina through Parkton Re Ltd....
Cooper Gay signs up Japanese reinsurance specialist
Cooper Gay, the independent wholesale, reinsurance and specialist retail insurance broker, has announced a formal consultancy arrangement with Japanese reinsurance specialist Megumi Ugai.
Mr Ugai’s...
Aon Benfield Securities places €150m Euro wind cat bond amid strong investor appetite for ILS products
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, announces today that the investment banking group of its affiliate, Aon Benfield Securities, successfully...
SCOR wins “Catastrophe Risk Transaction of the Year” award from Environmental Finance
Environmental Finance magazine has named SCOR as the winner of this year’s “Catastrophe Risk Transaction of the Year" award for its “Atlas V" transaction...
Scor buys XL Re Life America
SCOR Global Life US, a wholly-owned subsidiary of the SCOR Group, has reached a definitive agreement to acquire XL Re Life America Inc. (XLRLA),...
Catlin Strengthens London Aviation Team
Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announces that it has strengthened its market-leading London aviation underwriting team with the addition...
Gross line : Insurance Glossary
The amount of risk that an insurer or reinsurer is carrying before taking account of any applicable reinsurance that reduces that risk.
Catlin Appoints Heinz-Walter Haas as Chief Underwriting Officer for Europe
Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announces that Heinz-Walter Haas has joined Catlin as chief underwriting officer for Continental Europe....
Guy Carpenter named Henry Keeling: New president and CEO of International Operations
Global risk and reinsurance specialist Guy Carpenter & Company, LLC, has announced that Henry Keeling has been appointed to serve as president and chief...
Hannover RE : Wilhelm Zeller retires
Having led the Hannover Re Group for more than 13 years, Chief Executive Officer Wilhelm Zeller is retiring today as planned.
After graduating in business...
Recession : CBI survey shows Insurance companies are the most optimistic
Many parts of the UK’s financial services sector expect business volumes to rise in the next quarter after 21 months of falls, while optimism...
Hannover Re expects €25m Air France claims
Hannover Re expects to be hit with net damage claims of €25 million from the Air France plane crash earlier this month.
A spokesperson for...
Recession has less impact for Munich RE
The recession has had little impacts on contracts due for renewal in July, Munich Re said this week.
The world’s largest reinsurer by premium income...
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