Reactions - Global Insurance

Casualty/liability Subscribe to RSS feed

Interview: Cash confident of Endurance growth 09 March 2010

Endurance's new CEO will be looking to continue the work done under eight years of Ken LeStrange's leadership but won't be afraid to make big changes if necessary, he tells Reactions in an exclusive interview.
Navigators adds architects & engineers team 09 March 2010

Navigators Management has expanded its professional liability division by appointing a new architects and engineers team.
Zurich, Sonoma offer litigation insurance 09 March 2010

Zurich, along with Sonoma Risk Insurance Agency, is looking to start an attorneys’ fees insurance programme in the US.
Marsh appoints GRM practice leader 08 March 2010

US insurance broker Marsh has announced the appointment of Jonathan Zaffino as US global risk management (GRM) casualty practice leader.

Property-catastrophe Subscribe to RSS feed

Everest Re estimates Chile, Xynthia loss 11 March 2010

Everest Re has estimated its preliminary loss owing to the earthquake in Chile at about $225m.
Mexico underinsured despite large quakes 11 March 2010

Mexico has little catastrophe insurance coverage, despite a long history of severe earthquakes, The Wall Street Journal reports.
Moody’s comments on Xynthia’s France impact 10 March 2010

Windstorm Xynthia, which caused serious damage in Western Europe at the end of February, will present a substantial, though manageable, cost for the French insurance industry according to Moody's Investors Service.
Nephila cat fund raises $340m 10 March 2010

The catastrophe reinsurance fund of Nephila Capital has secured $340m from 11 UK institutions.

Specialty & other lines Subscribe to RSS feed

Interview: Cash confident of Endurance growth 09 March 2010

Endurance's new CEO will be looking to continue the work done under eight years of Ken LeStrange's leadership but won't be afraid to make big changes if necessary, he tells Reactions in an exclusive interview.
Kinsale launches US E&S lines company 09 March 2010

The Bermudian holding company Kinsale Capital Group, has announced the formation of Kinsale Insurance Company (KIC), a specialty insurance operation based in Richmond, Virginia.
US coastal property bucking price decrease trend 08 March 2010

US composite rate down 5% for February. But coastal property rates in certain locations are firming, leading to rumours of new entrants to the market to take advantage of higher pricing.
Marsh targets construction growth 03 March 2010

Marsh, the international insurance broker and risk adviser, has announced it is aggressively targeting emerging growth opportunities in the global construction industry this year.

Emerging risks Subscribe to RSS feed

Axis forms renewable energy team 11 February 2010

Axis Capital Holdings has announced the formation of a renewable energy team within its Axis Insurance business.
Sompo Japan unveils Thai weather insurance 26 January 2010

Sompo Japan Insurance (Thailand) is to start selling weather index insurance to rice farmers in northern Thailand.
UK asbestos claims estimate up to £11bn 26 January 2010

The Actuarial Profession’s UK Asbestos Working Party has updated its estimate of the future cost of UK asbestos-related claims to the insurance industry.
WEF warns of “long shadow” of financial crisis 15 January 2010

There is a fundamental need to change thinking on global risks and how they are managed, an annual report from the World Economic Forum has found.

Financial Management Subscribe to RSS feed

PartnerRe unit sells $500m debt 11 March 2010

A unit of PartnerRe has raised $500m through a 10-year note sale. PartnerRe Finance has issued the senior notes, maturing June 1, 2020.
Standard Life reports 2009 profit decline 11 March 2010

Standard Life has recorded a drop in 2009 pre-tax operating profit on a European Embedded Value (EEV) basis.
ANALYSIS: Benmosche confident AIG will make it following AIA and Alico deals 10 March 2010

With the news that AIG is selling Alico to MetLife and AIA to Prudential, Reactions assesses how far AIG still has to go to pay off its debts to the US government.
China Life boosts 2009 profit estimates 200% 10 March 2010

The 2009 net profit estimates of China Life Insurance may increase by more than 200%, as compared to 2008.

Legal & regulation Subscribe to RSS feed

ABIR raises opposition to homeowners bill 09 March 2010

The Association of Bermuda Insurers and Reinsurers today filed its opposition to a house bill which would replace private sector risk bearing capital with government reinsurance and government guarantees of state debt.
AIA joins opposition to homeowners bill 09 March 2010

Leigh Ann Pusey, president and CEO of the American Insurance Association, today sent a letter to the House Financial Services Committee voicing concerns over the Homeowners’ Defense Act (HR 2555).
Editor’s remarks: Contingent commissions - A level playing field but an ugly game 09 March 2010

Marsh and Aon should be more vocal about whether they will accept contingent commissions now that their ban has been lifted.
Zurich, Sonoma offer litigation insurance 09 March 2010

Zurich, along with Sonoma Risk Insurance Agency, is looking to start an attorneys’ fees insurance programme in the US.

Claims & Run-Off Subscribe to RSS feed

Moody’s comments on Xynthia’s France impact 10 March 2010

Windstorm Xynthia, which caused serious damage in Western Europe at the end of February, will present a substantial, though manageable, cost for the French insurance industry according to Moody's Investors Service.
Economy pushing up claims in US: survey 19 February 2010

The unsettled economy is having a big effect on claim operations in the US, according to a survey conducted by global professional services company Towers Watson.
Vote for the Reactions London Awards 2010 18 February 2010

Reactions will be recognising the best companies, teams and individuals in the London market with our Reactions London Awards 2010 programme, and we need your help. Have your say now!
Iron-Starr names claims SVP 16 February 2010

Iron-Starr Excess Agency has appointed Lawrence Engrissei as senior vice-president, claims manager of the Bermuda-based specialty lines entity.

People Subscribe to RSS feed

Transamerica Re hires ex-Allstate risk chief 11 March 2010

Transamerica Reinsurance has appointed Larry Moews as senior vice-president, chief actuary and chief risk officer.
Brit Insurance establishes Australia office 10 March 2010

Brit Insurance, the international insurance and reinsurance group, today announced the establishment of its own Australian office, replacing its previous third party arrangement.
SSIS hires American National executive 10 March 2010

Stewart Specialty Insurance Services (SSIS) has appointed Tom Carpentier as division president.
Zurich NA names construction head 10 March 2010

Scott Rasor has been appointed as head of Zurich North America's commercial construction group.

Interview: Cash confident of Endurance growth 09 March 2010

Navigators adds architects & engineers team 09 March 2010

Zurich, Sonoma offer litigation insurance 09 March 2010

Marsh appoints GRM practice leader 08 March 2010

Everest Re estimates Chile, Xynthia loss 11 March 2010

Mexico underinsured despite large quakes 11 March 2010

Moody’s comments on Xynthia’s France impact 10 March 2010

Nephila cat fund raises $340m 10 March 2010

Interview: Cash confident of Endurance growth 09 March 2010

Kinsale launches US E&S lines company 09 March 2010

US coastal property bucking price decrease trend 08 March 2010

Marsh targets construction growth 03 March 2010

Axis forms renewable energy team 11 February 2010

Sompo Japan unveils Thai weather insurance 26 January 2010

UK asbestos claims estimate up to £11bn 26 January 2010

WEF warns of “long shadow” of financial crisis 15 January 2010

PartnerRe unit sells $500m debt 11 March 2010

Standard Life reports 2009 profit decline 11 March 2010

ANALYSIS: Benmosche confident AIG will make it following AIA and Alico deals 10 March 2010

China Life boosts 2009 profit estimates 200% 10 March 2010

ABIR raises opposition to homeowners bill 09 March 2010

AIA joins opposition to homeowners bill 09 March 2010

Editor’s remarks: Contingent commissions - A level playing field but an ugly game 09 March 2010

Zurich, Sonoma offer litigation insurance 09 March 2010

Moody’s comments on Xynthia’s France impact 10 March 2010

Economy pushing up claims in US: survey 19 February 2010

Vote for the Reactions London Awards 2010 18 February 2010

Iron-Starr names claims SVP 16 February 2010

Transamerica Re hires ex-Allstate risk chief 11 March 2010

Brit Insurance establishes Australia office 10 March 2010

SSIS hires American National executive 10 March 2010

Zurich NA names construction head 10 March 2010

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