News – Page 306
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Beazley to cut 200 brokers in US
Lloyd’s (re)insurer getting tough on underperforming relationships
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Brit hires US fac underwriter from Aon Benfield
Noreen Metcalfe joins Brit Global Specialty USA
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Regulation and economic crisis the key issues for global insurers
More than half of survey respondents expect rate hardening
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Amlin to launch US casualty reinsurance unit
New service company to start operating on 1 October
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Levene appointed vice chairman of Starr
Lord Levene will also take up a company director position
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Iran sanctions push UIB into 2011 loss
Loss of business related to sanctions cut broker’s revenues
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Former Axis boss Charman's severance deal hits $36m
Bermudian (re)insurer agrees further $14m payout with ex-chairman
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US P&C market well priced, says SAC Re
Bermuda start-up focusing on property catastrophe and casualty lines
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Cat losses total $26bn for first half of 2012
Munich Re report reveals losses were one third of 10-year average
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Reinsurers escape UK flood claims - analyst
Aviva, Direct Line and Lloyds & St Andrews face biggest flood payouts
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Xchanging kept on for Project Darwin
But other technology providers will be able to tender for contracts
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SAC Re heads list of new Bermuda start-ups
Munich Re’s Queen Street VI cat bond also features on monthly start-ups list
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IAG expects 15% return from Asian acquisitions by 2017
Australian insurer has spent A$720m on acquisitions in region
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Mitsui Lloyd’s hires liability underwriters
Peter Graham and Adrian Dench join Lloyd’s insurer from Zurich and Ace
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ILS market doubled in H1 2012 - Swiss Re
Reinsurer confident that the market will keep growing
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Global cats take their toll in June - Aon Benfield
Events in China and the US cost insurer sbillions of dollars, broker says
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Fewer cats and higher capital dampen prices - Guy Carp
1 July renewals broadly flat, with increases in specific areas
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IUA launches online wordings database
Database covers all London market insurance and reinsurance classes
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Bank scandals hit UK reinsurance capacity - Guy Carpenter
UK insurers faced motor reinsurance rate rises of 20% to 30%