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The proposed Fair and Accurate Credit Transactions Act (FACTA) presents a significant challenge for insurers, despite the concessions that the Internal Revenue Service (IRS) has made for the industry. 14 February 2012
News
Hannover Re has said that preliminary figures indicate that the group will post a net income of €600 million for 2011. 13 February 2012
News
The Catlin Group has reported an 11 percent rise in its gross written premiums for 2011, in comparison with a rise of 10 percent in 2010. 9 February 2012
News
Alterra Capital has reported a net income of $65.3 million for 2011, in comparison with a net income of $302.3 million in 2010. 9 February 2012
News
Catastrophe rates have increased by an average of 15.9 percent at the January renewals, for Amlin's Bermuda and London businesses. 7 February 2012
Insurance
An equity report by S&P Capital IQ has found that the European insurance sector is ‘well placed to perform in 2012’. 6 February 2012
News
Aon’s full year results have revealed that the broker’s total revenue has risen by 33 percent to $11.3 billion in 2011. 3 February 2012
News
German reinsurer Hannover Re this morning announced that it has grown its treaty book by six percent. 1 February 2012
News
Professional services provider PwC has said that an agreement must be reached between insurers and the UK government to deal with the issue of flooding. 31 January 2012
News
Rating agency Moody’s has said its outlook for French life insurers remains negative, due to several issues that the industry is facing. 31 January 2012
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