Property
Paris Re CEO leaves as PartnerRe cleans house
Paris Re CEO Hans-Peter Gerhardt has left the company in a clean-out of senior staff by Partner Re following last year's takeover by the Bermudian (re)insurer.
Allianz steps up consumer intelligence
Allianz has selected Callcredit Marketing Solutions as its data supplier, to support its long-term pricing and marketing strategy following a tender.
Select & Protect extends Tenet deal
Select & Protect has broadened its relationship with the Tenet Group by partnering with Tenet Supports Services and Premier Partnership to offer members its full range of general insurance products.
Ace adds to property division
Ace European Group has appointed Marsh Risk Consulting senior consultant Irmran Malhi as account engineer for its property business.
Everest Re shrugs off 2008 with strong 2009
Everest Re shrugged off a horrible 2008 to rebound strongly in 2009.
Partner Re's net income rises to $1.5bn
PartnerRe reported net income was $1.5bn, or $23.51 per share, up from $46.6m, or $0.22 per share in 2008.
Transatlantic Re's earnings climb
Transatlantic Re becaome the latest US insurer to report improved earnings.
Claims Club: Street deals not backed by members
A small proportion of Claims Club members agreed that assigning individual loss adjusters to deal with all flood-damaged property in a particular street is a good idea — but when asked whether this is achievable in practice, the answer was a resounding…
Claims Club: ABI surge event plans prioritised for 2010
Hypothesis testing is the best way to devise a collaborative industry surge plan, following events such as widespread flooding, insisted Tim Humphreys, policy adviser for risk management and emergency preparedness at the Association of British Insurers.
Bluefin role for Burnham
Keith Burnham has left Aon for Bluefin to take up the new role of head of real estate, Post understands.
Marsh and Guy Carpenter earnings up
Rising revenues at (re)insurance brokers Marsh and Guy Carpenter reported increased fourth quarter revenues - although owner company MMC reported more mixed results.
XL results improve, but miss expectations
XL's fourth quarter results improved, but missed Wall St expectations.
Aspen reports profit surge
Aspen became the latest company in the insurance market to report a profits surge.
Torus adds two brokers to start San Francisco business
Insurer Torus said that it is opening an office in San Francisco.
WR Berkley latest insurer to show earnings jump
WR Berkley has become the latest US insurer to show a jump in earnings with full-year earnings rising to $309m.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
The Hartford returns to profitability
The Hartford Financial Services Group, the US insurance group, has reported improvements in earnings.
Axis Capital shows profit improvement
Axis Capital, the Bermudian (re)insurer, said that results for the fourth quarter and the year improved.
Broker Aon loses two of its property team
Keith Burnham, head of client experience for real estate and Edward Brown, client manager, have both handed in their notice at broker Aon.
US insurer CNA's results improve
CNA Financial Corporation, the US insurance giant, said that fourth quarter net income rose to $246m, up from a loss of $336m in the fourth quarter of last year.
HNW repairs specialist launches nationwide service
Vortex has launched a new building and restoration service aimed at high net worth clients across the UK.
Kwik Fit Insurance sales hit all time high
Kwik Fit Insurance sold more policies to new customers in one day last week than it has sold in a single day since the company was established in 1995.
Cheatline calls increase reports IFB
The Insurance Fraud Bureau has seen website figures and Cheatline reports figures rise significantly during 2009.
Lloyd's firm merges syndicates
Jubilee Managing Agency has combined its motor Syndicate 1231 and property and personal lines Syndicate 5820 for the 2010 year of account.