United States of America (USA)
Transatlantic and Allied World in $8.5bn merger
Transatlantic Holdings and Allied World Assurance Company have confirmed the signing of a definitive merger agreement.
Ascot appoints John Karns
Ascot Underwriting has appointed Mr Karns as an underwriter for Ascot Underwriting in Houston.
Xchanging disposes of US asset
Outsourcing firm Xchanging has sold its US Cambridge workers' compensation operation for $22.7m as part of plans to restructure its business.
Auclair Re expands practice with new hire
Auclair Re International has expanded its reinsurance practice with the addition of Rory Young as senior vice president, life accident & health.
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Editor's comment: Still after a piece of the motor market action
Despite the horrendous combined operating ratios and losses that have piled up in the UK personal lines motor market in recent years, it still holds a fascination for many.
Omega Q1 GWP steady as cat losses “compare favourably to peers”
Omega Insurance Holdings has posted gross written premiums of $129.5m (2010: $124.5m) in Q1 2011.
Biba 2011: Aon president dismisses contingent commission concerns
Aon president Greg Case has stressed that the issue of contingent commissions in the US was never a major issue as the broker instead focuses on the "transparency" it offers its clients.
Ryan secures "direct access to Lloyd's" with acquisition
Illinois-based Ryan Specialty Group has secured a place in Lloyd's after confirming it has entered an agreement with Jubilee Group to acquire 100% of its share capital.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Jubilee confirms sale to Ryan
Jubilee Group has been sold to Ryan Specialty Group for an undisclosed sum.
Sony's insurers to help foot bill for data breach
Sony is looking to its insurers to help pay for its massive data breach an amount that could exceed $2bn, Reuters has reported.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
Nat-cats add 42 points to Markel International combined ratio
Markel International has reported that natural catastrophes in the first quarter of 2011 contributed to a deterioration in its combined ratio to 152%, compared to 109% for the same period of 2010.
Zurich profits fall 33% in Q1 as it suffers $517m nat cat loss
Zurich Financial Services Group (Zurich) today reported a 33% drop in business operating profit of $849m (Q1 2010: $1.3bn) and a 32% drop in net income after tax of USD $637m (q1 2010: $935m) for the three months ended March 31, 2011.
Brit launches new package policy for US higher education sector
Brit Insurance has launched a new package policy designed specifically for the needs of the US higher education community.
Chubb reports $270m cat hit in Q1 2011
Chubb has reported that the impact of catastrophes in the first quarter of 2011 was $270m (£164m) before tax. This figure includes the winter storms in the US, flooding in Australia, and earthquakes in New Zealand and Japan.
Zurich executive committe member steps down after 33 years
Zurich today announced that after a 33-year career with the company Paul Hopkins has elected to retire as a member of the group executive committee.
Zurich executive committe member steps down after 33 years
Zurich today announced that after a 33-year career with the company Paul Hopkins has elected to retire as a member of the group executive committee.
Hannover Re buys Scottish portfolio
Hannover Re has agreed to buy a reinsurance portfolio from Scottish Re (US).
Hannover Re buys Scottish portfolio
Hannover Re has agreed to buy a reinsurance portfolio from Scottish Re (US).
Dual MGA enters property market
VK Underwriting has taken its first steps towards expanding its product range beyond its core specialty lines by entering the property market.
Tawa takes 51% stake in US business
Tawa has entered into a definitive agreement to acquire a 51% stake in newly formed US holding company LGIC Holdings for $1.
Energy insurance prices stagnate as capacity reaches all-time high
Energy insurance prices have stagnated following the massive Tohoku earthquake in March, according to a new report by Willis Group.