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Insurer Aviva has posted strong results for the first half of 2014, despite a 21 percent decrease in the value of its new business in UK life. 7 August 2014
Insurance
The meteor blast in Russia last Friday was a timely reminder of the importance to the insurance industry of catastrophe modelling for extreme events such as meteor strikes and solar flares. 18 February 2013
News
Pool Re, the mutual reinsurer that provides terrorism cover for commercial property in the UK, has been granted permission by the UK Treasury to purchase external retrocession cover. 19 November 2014
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Guy Carpenter has extended a database of digitised boundaries of industrial parks are across Asia to include Vietnam, Malaysia and South Korea. The database can be used as a tool to better understand and price flood risk in the region. 6 November 2013
Insurance
The US state insurance regulator National Association of Insurance Commissioners (NAIC) is asking for clarifications on the negotiated covered agreement between the EU and the US which removes collateral and local presence requirements for reinsurers from the opposite side of the Atlantic, and suggested that the agreement might have to be renegotiated. 17 March 2017
Insurance
Berkshire Hathaway has posted record profits for the second quarter tied to a jump in investment gains. 4 August 2014
Insurance
Endurance Specialty has terminated its offer to acquire Aspen Insurance. It blamed its withdrawal on Bermuda’s corporate governance laws and an unwillingness of Aspen's shareholders to take a stand against what it called the defensive self-preservation tactics of the Aspen board. 31 July 2014
Insurance
Flaspöhler, part of NMG Consulting, conducts an annual global study designed to illustrate reinsurers’ competitive positioning and value proposition in relation to their peers. Here, we reveal how the top reinsurers fared when brokers and insurance executives across Europe, the Middle East and Africa were surveyed. 24 October 2017
Insurance
The UK saw the cost of fraudulent insurance claims rise to a record £1.3 billion in 2013, an increase of 18 percent on the previous year. 2 June 2014
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