All News articles – Page 198
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AIR revises Sandy loss estimate up to $16bn-$22bn
Loss restatement driven by storm surge damage
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New accounting standards delayed until 2016, says Swiss Re
Chief economist says additional metrics needed on insurers’ economic value
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Real estate broker overstates revenue and profits by £835k
Overstatement resulted from introducer fees not being correctly charged
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Endurance appoints global insurance head
Kuhn appointed on day insurer swoops for Galileo Weather Risk Management
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Tokio Marine issues profit warning for 2012
Japanese insurer revises forecast down 21bn Yen on Sandy losses
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Ex-Willis Group president joins Beach and Associates
Millwater will begin his role as chief executive and president on 1 January 2013
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HSBC aims to sell $9.3bn stake in Chinese insurer
Ping An sale forms part of bank’s non-core disposal programme
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Willis Re adopts single platform
Reinsurance broker’s new software will support global network of 500 users
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PartnerRe swings to profit
Net income of $1bn compares to 2011 loss of $502m for the nine months
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Sandy to have "limited" effect on (re)insurers, says S&P
Losses from storm will be offset by strong capital base and earnings, according to ratings agency
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Sandy losses could total $15bn, says AIR
Estimates include wind and storm surge damage to residential, commercial and industrial properties
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Appetite for Asia cat risk grows
Newer alternative forms of capacity attracted to the region says Guy Carp
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Flagstone reports Q3 net loss of $1.3m
Reinsurer takes US crop loss hit of $19.8m; Validus merger to complete in Q4