Property
QBE to moderate 2010 growth plan
The managing director of QBE's property division has admittted it will "cut back its ambitions" for immediate growth as a result of the benign rating environment but that the end game is still to have a 10% market share by 2015.
Partner Re 'pleased' with 1/1 renewals
PartnerRe, the Bermudian (re)insurer, said that it is 'pleased' with the performance of its treaty books during the Jan 1 renewals.
California mudslide could cost nearly $5bn
The mudslide that is threatening homes in Southern California could cost homeowners nearly $5bn, First American Core Logic has said.
Don't expect Berkshire Hathaway and Munich Re to merge says Wall Street
Berkshire Hathaway's announcement that they had upped their shareholding in Munich Re won't lead to a takeover of the German reinsurance giant, analysts have said.
Towergate Underwriting promotes duo in personal and commercial lines
Towergate has made two senior appointments within its underwriting division.
RLI net earnings rise 19%
RLI, the US specialty insurer, said its full-year earnings jumped 19% to $93.8m from $78.6m this time last year.
New pricing and planning manager takes over at Groupama
Glyn Hughes has been appointed as personal lines pricing and planning manager at the insurer.
Fortis issues advice following cold snap
Fortis has urged homeowners to ensure that they are ready for the problems caused by the thaw following the recent cold weather.
Storms hammer Los Angeles
Southern California has been hit by a stream of storms, Reuters reports.
Thamesbank signs IT deal with Open GI
Thamesbank Insurance has signed a five-year deal with Open GI, which could see the broker double its IT capacity.
Markel boost retail division with two hires
Markel has appointed John Parkinson and Rupert Joce to its retail division as business operations manager and senior technical underwriter respectively.
Brian Connolly joins Miller
Mr Connolly joins energy, property and casualty team.
Max Capital keen for merger partner
Bermudian reinsurer says "enhanced scale" is desirable in letter to shareholders
Torus unveils UK property team
David Ring joins from RSA to lead it up.
Environment Agency publishes indepth report into 2007 floods
It estimates £3.2bn worth of damage was caused, but a quarter of households were not insured.
US P&C industry finding it hard to attract new talent - McKinsey
The US property & casualty industry is having troubles attracting new talent, McKinsey says.
Villers gets Aspen Insurance CEO job
Aspen has reshuffled its management, with Rupert Villers getting top job at Aspen Insurance
Aviva warns about risk of squatters
Property owners need adequate legal expenses cover