The annualized net operating return on average Flagstone shareholders' equity (ROE), was -29 percent for 2011, according to the company’s full year results.
International broker Willis has called for the insurance industry to do more to cover reputational risk for its clients.
Rating agency AM Best has obtained the necessary approvals to establish within the Dubai International Financial Centre.
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 Insurance Company Limited (CNA Europe) has announced the appointment of John Taylor to the newly-created role of chief underwriting officer.
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).
The primary aviation market remained soft in 2011 according to research carried out by Guy Carpenter Capital Ideas.
Fairfax Financial has reported an increase in gross written premiums of 25.7 percent, up from $5.36 billion in 2010 to $6.74 billion in 2011.
Allied World has announced that its net income fell from $665 million in 2010 to $274 million in 2011.
Zurich Financial Services Group has reported an increase of 0.5 percent in return on common shareholders’ equity (ROE) in 2011.