Lancashire profits down 36 percent for 2011
Lancashire has announced a net income of $212.2 million for 2011, down 35.8 percent from their 2010 result of £330.8 million.
Swiss Re posts $2.6 billion net income
Swiss Re has announced a net income of $2.6 billion for 2011, representing a 204 percent increase on their $863 result for 2010.
Conning develops European investment team
Global insurance asset manager and consultant, Conning, has announced the hire of two new senior portfolio managers to its European investment team.
DLA Piper expands insurance and reinsurance expertise
Law firm DLA Piper has announced the appointment of William Marcoux as partner and head of its insurance sector transactions and regulation practice.
Flagstone Re’s ROE -29 percent for 2011
The annualized net operating return on average Flagstone shareholders' equity (ROE), was -29 percent for 2011, according to the company’s full year results.
People talk: Insurers not doing enough to cover reputation damage, says Willis
International broker Willis has called for the insurance industry to do more to cover reputational risk for its clients.
AM Best to expand in Dubai
Rating agency AM Best has obtained the necessary approvals to establish within the Dubai International Financial Centre.
Political risks improve in emerging markets, says Marsh
Several emerging economies present increasing growth opportunities for global energy companies, due to decreases in political risk and improvements in regulation, according to Marsh.
CNA Europe appoints chief underwriting officer
CNA Insurance Company Limited (CNA Europe) has announced the appointment of John Taylor to the newly-created role of chief underwriting officer.
Jason Howard to head up Faber
Former chief executive of Willis Re International and Speciality, Jason Howard, is to head up the newly launched facultative and wholesale broker, Faber Global Limited (Faber).
