Regulation
Hartford in talks to sell life insurance business - report
The Hartford, the embattled US insurer, is in talks to sell its life insurance business, the Wall Street Journal has reported.
Reflections on 1999
With 10 weeks to go before this year's British Insurance Brokers' Association conference, P...
S&P downgrades outlook on Emirates Insurance
Standard & Poor's Ratings Services said today that it revised its outlook on Abu Dhabi-based Emirates Insurance (EIC) to negative from stable in response to the heavy decline in the company's capital adequacy at Dec. 31, 2008, and the heightened…
London market insurer enters contingency market with Scor hire
Aegis London has announced that in line with its diversification strategy, it is to start underwriting a range of contingency risks including event cancellation, adverse weather cover and prize indemnity. The new contingency team will be led by senior…
China Life not bidding for AIG unit - reports
China Life, the Chinese life insurance giant, said it will not bid for AIG's Asian operations, Reuters has reported.
S&P removes AIG from Credit Watch
Standard & Poor's Ratings Services has affirmed its supported 'A-/A-1' counterparty credit rating on AIG and its 'A+' counterparty credit and financial strength ratings on its insurance subsidiaries.
AIG forms new general insurance holding company
AIG said that it is intends to form a general insurance holding company, including its Commercial Insurance Group, Foreign General unit, and other property and casualty operations, to be called AIU Holdings, Inc., with a board of directors, management…
RSA rating unchanged after results
Standard & Poor's has confirmed the ratings and outlooks on the core operating entities of RSA(main operating entities rated A/Stable/--) are unchanged following the release of the group's 2008 results.
Global markets send Arig to 2008 loss
The dramatic decline in the global equity markets triggered a revaluation in the invested assets hel...
Interview - Banging the regional drum
Emerging Markets: Middle East
A stable outlook
Life reinsurance
Swiss Re downgraded by AM Best
Troubled Swiss reinsurance giant Swiss Re has been downgraded by ratings agency AM Best.
Chinese insurers report record premium growth in January
(BESTWIRE) - The China Insurance Regulatory Commission reported that, by the end of January, the country's insurance sector recorded year-on-year total original premium income of 114.76bn yuan ($16.77bn), up 8.62% from 105.65bn yuan in January 2007.
Hartford chief operating officer to retire
Tom Marra has said he will retire from the chief operating officer's position at US insurer The Hartford in July.
Everyone's ignoring the elephant in the corner
The events of the last 18 months have meant that it is entirely appropriate for insurers to raise th...
Power to the people
Diversity: One broker's experience
FSA sends out PPI letter
The Financial Services Authority has written to firms still selling single premium Payment Protectio...
Action abroad
Legal update: arbitration agreements
In hot water
Ratings agencies
Allianz believed to be lead insurer on Amsterdam crash
Allianz were the lead insurer for the plane crash for the Turkish airline that crashed at an Amsterdam airport on Wednesday, Post's sister magazine Reinsurance has reported.
Allianz lead insurer on Amsterdam crash - sources
Allianz were the lead insurer for the plane crash for the Turkish airline that crashed at an Amsterdam airport on Wednesday, Reinsurance understands.
AIG says in talks with US Government
(BESTWIRE) - American International Group is discussing with federal officials "new alternatives" for shoring up the insurer's finances under its existing $150bn rescue plan, a company spokeswoman said.
Biba supports FSA’s stance on PPI
The British Insurance Brokers' Association has come forward with its support of the FSA's decision on firms selling single premium Payment Protection Insurance.
Domestic Florida insurer takes on State Farm policies
(BestWire) - Another Florida domestic insurer has stepped forward to announce it is prepared to take some State Farm Florida policies.