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Property insurer FM Global has reported a net loss of $41.5 million for 2011, with the result driven by substantial catastrophe losses. 27 March 2012
Insurance
Rating agency Fitch has warned that Italian insurers will suffer subdued profitability and growth until the end of 2013, despite them recently enjoying better underwriting performances. 26 March 2012
Insurance
The concept of consumer protection is enshrined in the philosophy of the European Insurance and Occupational Pensions Authority. 23 March 2012
Insurance
Rating agency Fitch has welcomed the recent rise in European insurer’s solvency ratios. 22 March 2012
News
Insurer HCC has announced that William Burke will take over as executive vice president and chief operating officer from March 24th. 22 March 2012
Insurance
Gloucester-based insurer Ecclesiastical has reported a pretax loss of £7.7 million, with the result severely impacted by catastrophe events in Australasia. 21 March 2012
News
Guernsey-based insurance group Barbican has purchased the Manchester-based MGA, Professional Indemnity Protect (PI Protect). 20 March 2012
News
Swiss Re has announced that it will seek approval for an increased dividend for 2011. 16 March 2012
News
The Canopius Group has posted a net loss of £61 million for 2011, representing the first full year loss in the company’s eight year history. 15 March 2012
News
Rating agency Fitch has said that Solvency II is unlikely to lead to a wave of European insurers moving their headquarters out of Europe. 15 March 2012
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