Reactions - Global Insurance

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February issue of Reactions now online 03 February 2012

The February 2012 issue of Reactions is now online. Click through to read a selection of stories from the issue.
Validus Q4 net income drops almost 75% 03 February 2012

The Bermudian reinsurer has announced Q4 results, including net income of $27.3m, a steep drop from 2010's figures.
Dennis Mahoney joins Ironshore board 02 February 2012

Bermudian insurer Ironshore has announced that Dennis Mahoney and Eric Simonson have been appointed to its board.
Economic and regulatory issues face Bermuda market 02 February 2012

Feature: Woeful investment returns, cat losses and evolving regulatory pressures are causing concern for Bermuda’s insurers and reinsurers.

Aon’s Q4 profit up 19% 03 February 2012

Reinsurance organic revenue increased 4% due primarily to strong growth in capital market transactions and advisory business and modest growth in global facultative placements.
February issue of Reactions now online 03 February 2012

The February 2012 issue of Reactions is now online. Click through to read a selection of stories from the issue.
Munich Re posts €0.71bn profit for 2011 02 February 2012

In spite of substantial cat losses, the German reinsurance giant has revealed a profit for both the full year and the final quarter of last year.

Admiral renews reinsurance programme 03 February 2012

UK motor insurer's shares rise after renewing of reinsurance programme with Hannover Re, Mapfre Re, New Re and Swiss Re.
Aon’s Q4 profit up 19% 03 February 2012

Reinsurance organic revenue increased 4% due primarily to strong growth in capital market transactions and advisory business and modest growth in global facultative placements.
February issue of Reactions now online 03 February 2012

The February 2012 issue of Reactions is now online. Click through to read a selection of stories from the issue.
Legal Analysis: Casing the joint 03 February 2012

A case marking the first time the UK Financial Services Authority (FSA) lost a judicial review concerning its own investigations could have implications for insurers.

February issue of Reactions now online 03 February 2012

The February 2012 issue of Reactions is now online. Click through to read a selection of stories from the issue.
Hannover Re warns on hard market hopes 01 February 2012

The German reinsurer says that rates increases at January 1 do not yet indicate a hardening market, although it expects further rises throughout subsequent renewals periods.
Ironshore to open office in Singapore 31 January 2012

The insurer has named Chen Dai and John Moncavage as principal officer and political risk VP, respectively at the Singapore branch.
Lancashire sees $28m losses from Thai floods 31 January 2012

The Bermudian insurer has also raised estimated exposure to Tohoku earthquake by $42.2m to a net loss estimate of $117.3m.

Aon’s Q4 profit up 19% 03 February 2012

Reinsurance organic revenue increased 4% due primarily to strong growth in capital market transactions and advisory business and modest growth in global facultative placements.
BB&T to buy Crump’s life and P&C units 03 February 2012

BB&T to acquire Crump Life Insurance Services and Crump Property & Casualty Insurance Services for $570m in cash.
February issue of Reactions now online 03 February 2012

The February 2012 issue of Reactions is now online. Click through to read a selection of stories from the issue.
3 US states demand climate risk disclosure 02 February 2012

The insurance departments of California, Washington state and New York are to require insurers to respond to the Climate Risk Survey adopted in 2009 by the NAIC.

February issue of Reactions now online 03 February 2012

The February 2012 issue of Reactions is now online. Click through to read a selection of stories from the issue.
Arab Spring highlights innovation gap 02 February 2012

Events in the Middle East and North Africa have underlined the need for new thinking on political violence, civil unrest, and emergency evacuation cover products, according to Lloyd’s broker RFIB.
South African non-life 'resilient' - Fitch 27 January 2012

While non-life insurers' rating outlooks were stable in 2011, the outlook on long-term foreign- and local-currency IDRs was revised to negative.
Airline insurers turn first profit in 5 years: Aon 26 January 2012

Airline insurers make a profit in 2011 - a result of the market's loss figure falling to $1.1bn from $2.1bn in 2010, says Aon Risk Solutions.

February issue of Reactions now online 03 February 2012

The February 2012 issue of Reactions is now online. Click through to read a selection of stories from the issue.
AM Best assigns ‘A-’ FSR to Costa Rica’s INS 27 January 2012

These ratings reveal INS’ solid capitalisation, diversified operating strategy and its major position in Costa Rica.
Airline insurers turn first profit in 5 years: Aon 26 January 2012

Airline insurers make a profit in 2011 - a result of the market's loss figure falling to $1.1bn from $2.1bn in 2010, says Aon Risk Solutions.
The 10 (re)insurance themes for 2012 26 January 2012

Comment: Guy Carpenter’s reinsurance renewals report included a handy checklist of the big themes facing the global insurance and reinsurance market this year. it is noticeable what themes don’t make the list, says Michael Loney, managing editor of Reactions.