United States of America (USA)

Zurich GI profit falls after Sandy and German 'system error'

Operating profit in Zurich's general insurance business dropped by $150m to $2.1bn year-on-year in 2012 after above average catastrophe and weather-related losses offset gains made through tighter underwriting discipline and expense management.

Willis reveals $446m net loss

Global broker Willis recorded a net loss of $446m for the 2012 financial year, in stark contrast to the previous year’s $203m profits.

Aviva "delivering on promise" to strengthen cost base

Aviva should be viewed as a "strong restructuring story" given most of the "heavy lifting" to improve its cost base has been completed through the disposal of underperforming business units, according to equity analysts Panmure Gordon.

Blizzard alerts raised on US East Coast

The US National Weather Service has sent out text message alerts to US East Coast residents warning of a blizzard due to hit the region over the weekend.

Ankara embassy attack indicates rising terrosim risk

An attack on the US Embassy in Ankara suggests that the capability of terrorist organisation the Revolutionary People's Liberation Party-Front or a PKK splinter group to attack state and diplomatic assets has increased, according to Exclusive Analysis.

AIG files Maiden Lane lawsuit

Insurer AIG has launched a lawsuit against the Maiden Lane vehicle set up by the Federal Reserve Bank of New York to bail out the firm in 2008.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here