Insurance Covid Cast Episode Nine: Could Tiger King Joe Exotic cut it as a fraud fighter or handle big cats at Lloyd’s?
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are in isolation lockdown we present first in an irregular series - Covid Culture Club - where we discuss things to watch and do at home.
Broker's chairman says there are strong opportunities despite market challenges.
Record GWP in a benign year for catastrophe claims.
Lloyd's of London's financial strength rating has been upheld as A+ while its outlook has been upgraded to positive from stable, by agency Fitch Ratings.
Lloyd’s has announced a profit of £2.77bn for 2012, reversing a loss of £516m in 2011. The market also saw an improvement in its combined ratio to 91.1%.
Amlin returned to the black after posting a pre-tax profit of £264.2m for 2012, a marked improvement on the £193.8m loss recorded for 2011.
The continuing economic downturn and prevalence of large losses make this a difficult period for the insurance industry – but the sector is demonstrating its resilience.
Bronek Masojada, CEO of Hiscox, has described 2012 as a “very good year”, following the release of its annual results.
AIG has delivered a $6.6bn [£4.33bn] post-tax operating profit for 2012, up considerably from the $2.1bn achieved the year before.
Lloyd’s has announced a profit of £1.53bn for the first six months of the year, reversing a loss of £697m in the same period of 2011.
Fitch Ratings has upgraded Hiscox Group’s, insurer financial strength (IFS) ratings from A to A+.
Catlin Group has reported profits of $231m [£148.3m] for the first six months of 2012, as opposed to a loss of $201m in the same period last year.
Novae Group returned to profit in the six months ended June 2012, making £19m, compared with a loss of £30m in the same period of 2011.
Fitch Ratings has affirmed QBE Insurance Group’s long-term issuer default rating at A and its subsidiaries’ - including QBE Europe - insurer financial strength (IFS) ratings at A+.
Fitch Ratings has affirmed Lloyd’s of London’s insurer financial strength (IFS) rating at A+, with a stable outlook.
Fitch has rated Amlin’s financial strength as A+ and reported that Amlin plc's long-term issuer default rating was A- with a stable outlook for both.
QBE's "aggressive pace of acquisitions" has led Moody's to downgrade the outlook of the insurer's senior debt ratings from 'stable' to 'negative'.
Jardine Lloyd Thompson (JLT) said its financial position remains strong, in an interim management statement covering the period between 1 January and 25 April 2012.
Marsh claims that the severity of casualty losses in 2011 has challenged established thinking on the nature of risk and that businesses need to re-examine their risk management strategies.
Lloyd’s has reported a £516m loss for 2011 in its worst catastrophe claim year on record.
Ascot Underwriting has reported a £12.6m loss for 2011, down over £100m on its pre-tax profit of £97.1m in 2010.
Lloyd’s is expected to report a near-£1bn loss in 2011 as the Japanese tsunami and Australian floods take their toll on the market.
Canopius has suffered a tough 2011 posting a multi-million pound loss and a three figure combined operating ratio (COR).
Liberty Mutual Holding has reported a 78.2% fall in net income to $365m (£232m) in 2011 from $1.68bn the previous year.