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Insurance
Canadian insurer Fairfax Financial Holdings has returned to profit in the second quarter of 2014 driven by gains in investments and stronger underwriting performance. 1 August 2014
News
JLT Towers Re has made promising progress since its inception when the reinsurance unit of Jardine Lloyd Thompson (JLT) was combined with Towers Watson Re, JLT has said in its results for the first six months of 2014. 30 July 2014
Insurance
White Mountains Insurance Group has posted strong results despite large claims resulting in a 99 percent combined ratio at OneBeacon and decreases in property cat excess reinsurance driving the erosion of Sirius Group’s top line. 30 July 2014
Alternative Risk Transfer
As catastrophe bonds continue to creep into reinsurance programmes, and interest from governments in the ILS market grows, Dr Ben Fox, financial sector specialist at the World Bank, talks to Intelligent Insurer about the bank’s work in the sector and how it is helping the Philippines to become the next sovereign to enter the market. 29 July 2014
Insurance
Re/insurance broker Jardine Lloyd Thompson has posted a strong set of results for the first six months of 2014, but remains cautious on the outlook of the rest of the year. 29 July 2014
Insurance
Proposals for a government-backed flood reinsurance scheme in the UK are credit negative for property and casualty (P&C) insurers, according to rating agency Moody’s, which has criticised a proposed cap on the government’s annual contribution to the scheme. 29 July 2014
News
The Brazilian reinsurance market has grown at a cumulative real growth rate of 29 percent since the opening of Brazil’s reinsurance market to competition in 2008, following the break of state-controlled IRB Brasil Resseguros' (IRB) former monopoly. 28 July 2014
Insurance
The majority of the loss stemming from the crash of Malaysia Airlines flight MH-17 will be absorbed by the Lloyd’s market as well as some global re/insurers, according to AM Best. 25 July 2014
Insurance
Bond insurer Municipal Assurance Corp (MAC), a member of the Assured Guaranty group of companies, has received a licence to write financial guaranty insurance in the State of California. 25 July 2014
Insurance
Standard & Poor’s (S&P) has upgraded Liberty Mutual ratings following the insurer’s $6.5 billion adverse cover deal with National Indemnity, a subsidiary of Berkshire Hathaway. 21 July 2014
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