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Aspen strengthens insurance segment

Bermuda, Europe10-02-2014

Aspen’s annual results reveal a ramping up of its insurance business, despite its reinsurance business being the more profitable segment.

Lloyd Warwick to expand global presence

10-02-2014Insurance news, Specialty

Specialist energy loss adjuster Lloyd Warwick International is looking to increase its international presence following its successful launch last year.

Profit up by 27 percent for Catlin

Bermuda10-02-2014Insurance news, Reinsurance News

Catlin strengthened its pre-tax profit by 27 percent and its net income by 29 percent during a strong year for the multi-class re/insurer, particularly in its international segment.

Beazley warns of intensifying competition

Europe09-02-2014Reinsurance News, Specialty

Beazley delivered some small growth and a substantial increase in its profits in 2013. It also warned intensifying competition in some areas but also remains bullish on its ability to find profitable opportunities across the breadth of its business.

Weather index formed for African farmers

Africa, MENA09-02-2014Alternative Risk Transfer News

Farming communities in several African countries are to benefit from the formation of an index-based weather insurance programme that will offer them protection against adverse weather events and the effects of climate change.

ACE strengthens UK team

Europe07-02-2014Insurance news

ACE Group has strengthened its UK team with the appointment of Nick Lee as head of client management, UK & Ireland.

US faces costliest winter weather season since 2011

Asia Pacific, North America07-02-2014Insurance news, Property cat, Reinsurance News

January’s extreme weather in the US will cost the industry over $1.5 billion in insured losses according to Impact Forecasting, Aon Benfield's catastrophe model development centre. Economic losses are estimated at $3 billion.

Montpelier Re focuses on “preferred signings”

Bermuda07-02-2014Reinsurance News

Despite competition, Montpelier Re achieved a combined ratio of 39 percent during the fourth quarter of 2013 thanks to a benign catastrophe year.

Endurance posts growth despite selective underwriting

Bermuda07-02-2014Insurance news, Reinsurance News

Bermuda-based re/insurer Endurance posted a 4.6 percent increase in group-wide gross written premiums, despite “significant non-renewals” and “reduced participation on contracts” in the reinsurance sector.

Tower International’s CEO resigns

Bermuda07-02-2014Insurance news

Tower Group International (TGI)’s chairman, president and CEO Michael Lee has resigned from the company to “follow personal interests” with immediate effect.

Showing 15381 to 15390 of 16662 results

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