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Industry loss warranties pricing to plummet
Pricing for industry loss warranties (ILWs) is on the wane as insurers wait for the Atlantic hurrica...
President Obama in firing line over terrorism plan
US broker Aon slammed US president Barack Obama's proposals to scale back the Terrorism Risk Insuran...
Battle for IPC coming to an end
The battle for Bermudan reinsurer IPC between preferred bidder Max Capital and rival bidder Validus ...
California fire may cost over $130m
The Jesusita fire that raged through Santa Barbara, California may cost more than $130m according to...
Staying the course
R J Kiln's director of underwriting, Richard Lewis, reflects on a quarter of a century with the comp...
The Hartford finds help
The US Treasury has given struggling US giant The Hartford permission to participate in the Treasury...
Berkshire Hathaway sees $1.53bn loss
Berkshire Hathaway recorded a $1.53bn loss in the first quarter of this year - a huge swing from the...
Recruitment moves
Mark Butterworth, managing director of Pembroke Managing Agency - the Ironshore-owned Lloyd's (re)in...
Swiss Re exceeds forecasts
Swiss Re has beaten analysts' expectations for net income in the first quarter of the year. For the...
New York Insurance Dept chief to resign
Governor David A. Paterson has said that the Superintendent of the New York State Insurance Department, Eric R. Dinallo will resign his position and become the Henry Kaufman Visiting Professor of Finance at New York University's Stern School of Business.
Argo brings over senior underwriter from Markel
Argo Pro, a specialty professional underwriting division of Bermudian (re)insurer Argo Group's Excess & Surplus Lines segment, said that Mark Brown has come on board as vice president of its environmental department.
Kiln revises syndicate forecasts
Kiln has revised its forecasts for its syndicates in response to the impact of hurricane activity on the last two years of account.
IIB warns mandatory disclosure still a threat
The Institute of Insurance Brokers (IIB) has warned that brokers need to take action despite the threat of compulsory commission disclosure having receded.
New healthcare plan helps workers made redundant
Customers subject to redundancy will have access to up to six months of free healthcare cover provided by Paycare.
AIG to reduce stake in subsidiary to 19.7% after sale
AIG has announced plans to sell 26 million shares in its reinsurance subsidiary Transatlantic Holdings.
AIG to sell shareholding in Transatlantic Re
Transatlantic Re has said that AIG and its subsidiary American Home Assurance Company have decided to sell their share in the US (re)insurance giant.
Kiln seeing improved underwriting conditions
Kiln, the Lloyd's (re)insurance subsidiary of Tokio Marine, has said that it is seeing improved underwriting conditions.
Aon Benfield appoints global CFO
Aon Benfield has appointed Maggie Westdale as its global chief financial officer.
Marsh claims rates are continuing to soften
Insurance rates in the UK continued to fall, but at a slower rate, across all major lines of business in the first quarter of 2009 according to Marsh.
What the papers said this week
Norwich Evening News Insurance giant Aviva is looking to sell its £490m life and pensions operati...
Appointment at AM Best
AM Best has appointed Yvette Essen as head of market analysis within its global financial services...