Property
Oxygen appoints property and casualty new business boss
Andy Wigg joins from Thomson Heath and Bond
Beazley starts trading through Lloyd's Exchange
Major reinsurer starting electronic placing
Canada reinsurance prices said to be surging
Reinsurance prices are moving upwards in Canada thanks to a change in catastrophe models, Reinsurance has learned.
One in four US mortgages 'underwater'
One in four US mortgages are in negative equity, a study by First American has shown.
Lloyd's reinsurers unlikely to be hit by UK floods
Damage estimates of around £100m are unlikely to affect the reinsurance market, Reinsurance has learned.
QBE sued for bad faith claims handling
QBE is being sued for over $500m in Miami for bad faith claims handling practices
Allianz launches protection products
Private motor and household products launched
Miller P&C specialist joins Howden
Mark Hutchinson appointed North Amercican director
L&G joins One Answer Network
Insurer to provide buildings and home contents cover
New aggregator research published
80% of home insurance bought through aggregators
Direct Line help with floods
Direct Line has sent property insurance advisers to help customers through the claims process at flood sites.
ABI welcomes flood bill
Bill spells good news for homeowners
Ruling paves way for Katrina lawsuits against the US Army
Hurricane Katrina victims have been awarded damages in a lawsuit claiming a canal dredged by US Army engineers from New Orleans to the Gulf of Mexico destroyed a natural barrier to storm surge.
Councils gain more powers to manage floods
Flood and Water Management Bill published today
Lloyd’s report says microinsurance provides opportunities for all
Insurance for low income individuals can play an important role in helping communities in developing countries mitigate and adapt to climate change, and to provide the security needed to develop long term sustainability projects, according to Lloyd’s.
FHA may collapse as US struggles with recession
The Federal Housing Administration may collapse and thousands of regional banks may go under as the US continues to struggle with recession, sources attending a US conference have told Reinsurance.
Hardy reports £56.4m leap in GWP in 2009
Bermuda domiciled business says improvement led by property and non marine business.
Scor to appeal Spanish fine
French (re)insurer to appeal fine against it from Spainish regulators
Munich Re America in new offering
Munich Re subsidiary offering new natural catastrophe loss from natural catastrophes.
Ace appoints corporate P&C underwriting managers
John Stanway, right, and Graeme McGeachie are given promotions.
Home Call Plus signs two new partners
Brit-backed household utility business focuses on growth