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2011 major losses equal quarter of its net premiums for Lloyd’s
Major industry losses borne by the Lloyd’s Market last year accounted for 25.5 percent of its net premium earned, according to a new report by Aon Benfield.   25 June 2012
News
Alterra forms New Point V
Alterra Capital has formed a new sidecar, New Point V Limited, to create additional capacity in property catastrophe collateralized reinsurance.   20 June 2012
News
Belfatti hired as chief actuary for Endurance
Endurance Specialty Holdings has announced the appointment of Michael Belfatti as chief actuary, who will have responsibility for overseeing Endurance’s global pricing and reserving activities.   19 June 2012
News
Brit Insurance bought by Fairfax
Fairfax Financial Holdings (FFH), through its runoff subsidiary, RiverStone, has purchased all of the outstanding shares of Brit Insurance Limited (BIL) from the Brit Group.   19 June 2012
News
Brit downgraded by Fitch
Brit Insurance Limited's (BIL) Insurer Financial Strength (IFS) rating has been downgraded to 'BBB' from 'A', by rating agency Fitch.   18 June 2012
News
EIOPA launches public consultation for QIS
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on the technical specifications for the quantitative impact study (QIS) of EIOPA’s final advice to the European Commission.   15 June 2012
News
Insurer capitalisation and profitability decreasing, says EIOPA
A report by the European Insurance and Occupational Pensions Authority (EIOPA) has said that both the capitalisation and profitability of insurers is on a decreasing trend.   14 June 2012
News
Cyber risk is misunderstood
Leading organisations across Europe are failing to integrate cyber threats fully into their risk management strategies, according to research conducted by broker Marsh and insurer Chubb.   12 June 2012
Insurance
Hiscox: Insurers are 'glorified bookmakers'
Robert Hiscox, the founder and outgoing chairman of Hiscox, has said that insurers are little more than glorified bookmakers in an upcoming interview with Intelligent Insurer magazine.   7 June 2012
News
Diversify with care: Novae
Underwriters looking to diversify must possess a good understanding of the areas that they are diversifying into.   6 June 2012

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