All Insurance News articles – Page 7
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Online onlyAXA CS weathers the financial storm
Turnover and operating profit both increase but combined ratio tops 100%
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Marsh settles bid rigging suit for $88m
Lawsuit stems from bid-rigging allegations dating back to 2004
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AnalysisInsurers are stable: AIRMIC Live
The impact of the financial crisis has mainly been offset by a hardening of the insurance cycle, say industry experts
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AIG investments took additional risks
At one stage AIG Investments was putting around $70bn into subprime bonds, according to a report
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Online onlySlow growth for Euro insurers in 2009
Further write-downs are expected and certain lines will be curtailed, according to Ernst & Young
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Torus offers $50m casualty capacity
The insurance can be accessed through the Bermuda office
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UK underwriters expect rates to rise
Most underwriters said property, motor and liability markets would harden in next three months, according to a survey
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Online onlySoft market not over but losing steam
Modest decreases in premium rates but economic crisis puts pressure on insurers to raise rates, finds RIMS survey
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Online onlySwiss insurers stand firm
The insurance market in Switzerland has coped well with the difficult economic environment, according to the country's trade association
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AIG’s auto unit ‘extremely attractive’
The rebranded auto insurance unit could be among the easiest to sell, said Bloomberg
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Online onlyUS P&C income declines 92%
Deteriorating underwriting and investment results hit the industry hard
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Online onlyLawsuit seeks to stop AIG bailout
A Christian rights group claimed the US Treasury's support of AIG is anti-American
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Aon and Allianz launch joint insurance
New product designed to stabilise insurance portfolios, but it’s not available to financial firms
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Online onlyThe UK War Risks Club opens to international members
Becomes first international war risks mutual
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AIRMIC and insurers agree reservation of rights principles
Principles intend to clarify why a reservation of rights would be used and to improve dialogue between parties
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Online onlyDarling’s VAT cut good for business
Financial services stand to gain from the 2% tax cut
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Online onlyDeloitte settles for $40m with Pennsylvania
Settlement to do with claims of negligence in connection with defunct insurer Reliance
